Popular Post DotCom Posted December 12, 2023 Popular Post Share Posted December 12, 2023 https://www.bizjournals.com/houston/news/2023/12/09/levit-green-life-sciences-hines-phase-one-sino.html First tenant all moved in at Hines’ Levit Green life sciences campus Dec 9, 2023 The first building in Houston-based Hines’ 53-acre life sciences campus Levit Green, near the Texas Medical Center, is home to its first tenant. Chinese biotechnology company Sino Biological Inc. moved into the five-story, 296,000-square-foot Building 1, where it is leasing about 10,000 square feet of purpose-built lab and office space, in early October. The building, which received its certificate of occupancy last February, is the first of nine planned buildings on the campus, which will offer a mix of research and biomanufacturing facilities, office, retail, residential and outdoor amenities. When it’s complete, the complex at 3131 Holcombe Blvd. will have a total of 4 million square feet of leasable space. It broke ground in October 2021, with the first phase completed on schedule and under budget, Hines Senior Managing Director John Mooz said. He declined to disclose the development cost. While the majority of the 53-acre site is still undeveloped dirt, a new four-lane boulevard with a grassy median — Levit Green Boulevard — runs through it, connecting Dixie Drive to the north and Holcombe Boulevard to the south of the campus. Along it are a pair of recreational detention ponds and native plants throughout. The second building is currently in the schematic design phase with no groundbreaking date yet. While the first building was built specifically for biomanufacturing, Building 2 will be more focused on labs that meet cGMP, or Current Good Manufacturing Practice, standards. In addition to Sino’s space, Building 1 features 18,000 square feet of fully furnished turnkey lab space. It also includes 25,000 square feet of build-to-suit lab incubator space and features a 5,800-square-foot fitness center with locker rooms, a 7,000-square-foot conference center, balconies on each floor, an 18,000-square-foot standalone vivarium and an attached 700-vehicle parking garage with a bicycle parking area. Outside, terrace and green space along an artificial lake offers those working in the building a place to relax. A waterfront café and restaurant space is currently under construction. The campus is within walking distance from Hermann Park and connects to the 4-mile Columbia Tap Rail-Trail, which runs through the Third Ward and ends in East Downtown. In an emailed statement, Sino Chief Business Officer Rob Burgess said his company could not be happier with its decision to locate its Sino Biological Center for Bioprocessing at Levit Green. “Levit Green represents the ideal ecosystem for all of Sino Biological’s research, development and contract research service needs,” he said. “Its location adjacent to Houston’s Texas Medical Center allows for close in-person interaction with leading researchers and clients. Its state-of-the-art design provides the necessary laboratory- and business-focused essentials and amenities for success in the life sciences bioreagents and related services sector.” Sino Biological is headquartered in Beijing but has subsidiaries in Suzhou, China; Taizhou, China; Frankfurt, Germany; and Wayne, Pennsylvania. The company provides mammalian cell-based recombinant proteins, antibodies and related contract research services. Its space at Levit Green is the company’s first manufacturing facility in the United States. Meanwhile, Hines is in talks with several national and international life sciences companies and is confident to be able fill to most of the building by the end of next year, Mooz said. The quoted annual rent is $60 per square foot for the build-to-suit space and $70 for the fully furnished turnkey space. The structure of the building was built using additional steel and concrete reinforcements, as well as spring-based anchoring, to provide the maximum amount of vibration attenuation. Because many fields of life sciences research involve highly sensitive experiments, vibration attenuation is critical for a dedicated laboratory space, Mooz said. The building also has a 100% redundant backup power system to ensure electrical disruptions do not affect any of the experiments being conducted in the building. With flooding a major concern in Houston, Hines raised the site, which has never flooded, 2 feet above the 500-year floodplain, Mooz said. Anyone is welcome to stroll through the campus and use it as recreational space. The development of the campus is part of an increased effort to build a life sciences ecosystem in Houston. Less than 2 miles from Levit Green, the Texas Medical Center’s 37-acre Helix Park recently opened its first buildings. Farther north, The Woodlands is trying to establish itself as a commercial life science hub. In October, Pasadena, California-based Alexandria Real Estate Equities Inc. (NYSE: ARE) opened the 12-acre, $200 million Alexandria Center for Advanced Technologies there, along with its first tenant, San Francisco-based Nurix Therapeutics Inc. (Nasdaq: NRIX). Mooz said he sees no competition between Levit Green and other life sciences campuses in Greater Houston. “The more current, best-in-class life science development to come to Houston, we are all better off,” he said. 10 1 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted December 19, 2023 Share Posted December 19, 2023 Levit Green's website has been updated! I really like the labs, and the lab/office collaboration. https://www.levitgreen.com/ 8 Quote Link to comment Share on other sites More sharing options...
Popular Post Highrise Tower Posted December 20, 2023 Popular Post Share Posted December 20, 2023 Houston’s Levit Green Welcomes First Life Science Tenant, Begins Work on Second Phase December 18, 2023 https://www.costar.com/article/148285114/houstons-levit-green-welcomes-first-life-science-tenant-begins-work-on-second-phase Levit Green’s developers — Hines, 2ML Real Estate Interests and Harrison Street — have started construction on the second building at the 53-acre life science campus that is expected to eventually have 4 million square feet of office and laboratory space across nine buildings. Found a new-ish Levit Green brochure and master plan! The campus green space is formally named Levit Park. Section view: What is going on with the property across from Holcombe? I wonder if C&S Wholesale Grocers is planning to sell to Hines? The ghosted tower doesn't look like it's apart of the 9-building master plan. Across Holcombe. 10 Quote Link to comment Share on other sites More sharing options...
HoustonIsHome Posted December 22, 2023 Share Posted December 22, 2023 On 11/13/2023 at 5:01 PM, 79ta said: it's eerily similar... The Crooked "E" Yeah that's what I instantly thought of. 3 Quote Link to comment Share on other sites More sharing options...
bobruss Posted December 22, 2023 Share Posted December 22, 2023 How is their leasing going? Have they had any other companies join the roster. I haven't heard anything about any additions. It will take that building filling before they decide to add another I believe.. or a large firm wanting their own facilities. Any word on anything exciting coming up? 3 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted January 1 Share Posted January 1 LGB1 is really nice. I'm still amazed about the amount of security this building has. 8 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted January 14 Share Posted January 14 Levit Green preparing for the winter freeze 2024. 7 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted February 26 Share Posted February 26 Skyline view! 4 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted March 10 Share Posted March 10 Another aerial view from a different parking garage. LGB1 is sitting alone. Weird how we saw a sneak peek of Phase II months ago, but nothing else came from it. Should Hines be marketing the next phase by now? 5 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted March 18 Share Posted March 18 View of Levit Green Building 1 from the lake. It's beautiful! 7 Quote Link to comment Share on other sites More sharing options...
Popular Post Highrise Tower Posted April 16 Popular Post Share Posted April 16 Hines' new Levit Green life sciences campus near Texas Medical Center adds tenant Apr 15, 2024 https://www.bizjournals.com/houston/news/2024/04/15/hines-levit-green-life-sciences-pranax-tenant.html Houston-based Hines has landed another tenant for Levit Green, a 53-acre life sciences campus near the Texas Medical Center. Pinehurst, Texas-based PranaX inked a lease for a 7,400-square-foot, turn-key lab space on the second floor of Levit Green’s Building 1 at 6420 Levit Green Blvd., Hines said April 15. PranaX’s business focuses on using exosomes, or membrane-bound extracellular vesicles, to confer regenerative therapies aimed at treating aging, inflamed and damaged tissue and organs. The company recently entered into a technology licensing agreement with the University of Texas MD Anderson Cancer Center to commercialize exosomes as therapeutics, natural supplements and wellness products that can promote healthy aging. 11 Quote Link to comment Share on other sites More sharing options...
hbg.50 Posted April 16 Share Posted April 16 Hines' new Levit Green life sciences campus near Texas Medical Center adds tenant Houston-based Hines has landed another tenant for Levit Green, a 53-acre life sciences campus near the Texas Medical Center. Pinehurst, Texas-based PranaX inked a lease for a 7,400-square-foot, turn-key lab space on the second floor of Levit Green’s Building 1 at 6420 Levit Green Blvd., Hines said April 15. "PranaX’s groundbreaking work represents exactly the kind of innovation and collaboration that Levit Green was designed to foster,” John Mooz, senior managing director at Hines, said in a news release. “We recognized the need in the market to provide immediate, state-of-the-art research facilities and look forward to supporting PranaX in their mission to manufacture regenerative therapies." PranaX’s business focuses on using exosomes, or membrane-bound extracellular vesicles, to confer regenerative therapies aimed at treating aging, inflamed and damaged tissue and organs. The company recently entered into a technology licensing agreement with the University of Texas MD Anderson Cancer Center to commercialize exosomes as therapeutics, natural supplements and wellness products that can promote healthy aging. The new space at Levit Green will serve as the headquarters of PranaX’s research and development and manufacturing operations. “We are incredibly excited to establish our research and commercial operations within the world-class facility built by Hines at Levit Green," Steven Greco, founder and COO of PranaX, said in the release. “This is an amazing opportunity to retain technology developed locally and expand upon it within the Houston biotech ecosystem.” Hines is working with PranaX to convert one of the lab’s support rooms into an ISO-7 clean room that meets Food & Drug Administration standards. The clean room will allow for PranaX to manufacture approved therapies for patients at the company's off-site clinic. Additionally, PranaX will use the suite to offer exosome-banking services to support wound healing and initiate cell growth and development. The development of Levit Green The building into which PranaX is moving is the first of nine planned on the Levit Green campus, which will offer a mix of research and biomanufacturing facilities, office, retail, residential and outdoor amenities. When it’s complete, the campus at 3131 Holcombe Blvd. will have a total of 4 million square feet of leasable space. The first building broke ground in October 2021 and topped out in May 2022. The Houston Business Journal named it the winner of the Medical category of the 2024 Landmark Awards. Hines is developing the campus in partnership with Houston-based 2ML Real Estate Interests, formerly known as The Grocers Supply Co. Inc. The property was previously home to some Grocers Supply warehouse and distribution facilities for Levit Green. In fact, Levit Green takes its name from the family behind 2ML Real Estate Interests. While the majority of the 53-acre site is still undeveloped, a new four-lane boulevard with a grassy median — Levit Green Boulevard — runs through it, connecting Dixie Drive to the north and Holcombe Boulevard to the south of the campus. Along it are a pair of recreational detention ponds and native plants throughout. The second building is currently in the design phase with no announced groundbreaking date. While the first building was built specifically for biomanufacturing, Building 2 will be more focused on labs that meet cGMP, or Current Good Manufacturing Practice, standards. Moderators: I ran a search and was surprised not to find an existing topic on Levitt Green. If it exists feel free to merge topics. 5 2 Quote Link to comment Share on other sites More sharing options...
DotCom Posted April 19 Share Posted April 19 PranaX must be taking one of the spec-built suites. 2 1 Quote Link to comment Share on other sites More sharing options...
Highrise Tower Posted April 21 Share Posted April 21 Will there be street signage displaying the companies at LGB1? I believe those plates on the right are removable for name changes? Let's fill those up! The flowers/plants are in-season and look amazing. Love the blue and purple flowers! 8 Quote Link to comment Share on other sites More sharing options...
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