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600,000-SF Lab Project Gets Thumbs-Up

BURLINGTON, MA-The three-building project is getting local approval and permits to rezone of the site to deliver the largest biotech R&D facility in the North 128 submarket.

By Ryan Clark | Updated on September 03, 2008

BURLINGTON, MA-The Gutierrez Co.–a locally based development company–is building a 600,000-sf biotechnology and research facility here. The project is receiving local approval and permits for the rezoning of the land to be used specifically for biotech. According to Richards Barry Joyce & Partners LLC–the leasing agent for the project–the specific needs regarding water usage, waste disposal and sewage meant the project was not able to begin until the proper permits were approved.

“This has been a fairly long process,” Scott Weiss, managing director of commercial real estate for Gutierrez, tells GlobeSt.com. “[It] started a year and a half to two years ago, with rezoning the land for biotech use.” The culmination arrived on the local level this month, he continues, with receipt of permits that will allow the project.

The property–located at 43-63 South Ave.–will be comprised of office space, retail space and a restaurant, and biotechnology space in three multi-level buildings ranging from five to eight stories. Each building, according to Weiss, will be roughly 190,000 sf to 200,000 sf, possibly to be built in phases. The advantage of staggering the completion of buildings is that it allows tenants to move in earlier. Weiss explains that the buildings are flexible to a tenants needs are able to be subdivided or fully-leased to a large enough client.

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