The campus will be built in two phases, with five buildings totaling 638,000 square feet of floor space to be constructed now and the remaining two comprising 322,000 square feet at a later date. Also planned are a 7,552-square-foot mechanical building and a 7,316-square-foot cooling tower enclosure that would be constructed now. A four-level parking structure will be built later. Only three of the first five buildings will be utilized at startup, with the other two to be occupied as needed.
Applied Bioscience is leading company in human genome research and forensics applications, a field that has not been hit hard by the economic crash from which most technology companies are still recovering.
The biotech company plans to accommodate 2,500 employees at the campus over a 10-year period. The campus will be constructed on an 80-acre property, located at 6001 Sunol Boulevard, which was formerly owned by Kaiser Aluminum and Chemical.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.