BU selected Spaulding & Slye Colliers as development manager, construction manager,leasing agent and property manager for the eight-story 160,000 sf laboratory facility. The building will be constructed on a 42,000 sf site on BioSquare's 14-acre campus. It is scheduled to be completed in 2005 and will be built concurrently with an above-ground parking garage.

BioSquare is adjacent to BU Medical Center and is designed to support innovation in biomedical research and science and promote partnerships between academia and industry. Currently, BioSquare consists of the 200,000-sf Center for Advanced Biomedical Research and the 192,000-sf Evans Biomedical Research Center as well as a 1,000 car parking garage with some office space. Its tenants includeCombinatoRx Inc., Pulmatrix, NitroMed, Adipogenix and MassMedic.

BioSquare also recently opened the BioSquare Discovery and Innovations Center, anincubator facility focused on the needs of start up biomedical research companies. Future plans include building the National Emerging Infectious Diseases Laboratories.