Ginkgo Bioworks Expands at Boston Campus
The company will occupy an entire life science project in the Seaport District.
Parcels O and P life science redevelopment at the Raymond L. Flynn Marine Park. Image courtesy of SGA and DREAM Collaborative
Biotechnology company Ginkgo Bioworks has decided to lease the entirety of Marcus Partners’ upcoming life science campus in Boston’s Seaport District. The company signed a long-term lease for the 228,000-square-foot property at Parcels O and P at the Raymond L. Flynn Marine Park.
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Back in April, Ginkgo Bioworks signed on to be the anchor tenant for the life science project, only committing to 150,000 square feet. With the signing of the lease expansion, the company will use the Parcel O site for its new 219,000-square-foot life science building. Marcus Partners will also pursue the adaptive reuse of an existing steel manufacturing structure at Parcel P to serve as a 9,000-square-foot amenity building for the campus.
Marcus Partners’ Patrick Sousa and Levi Reilly told Commercial Property Executive that the company is working with Ginkgo Bioworks to program the amenities at Parcel P.
Sousa and Reilly, principals at Marcus Partners, also told CPE that construction for these parcels is scheduled to start in early 2022, with an expected completion in 2024. John Moriarty & Associates, alongside a minority or women-owned business joint venture partner, will manage the construction process.
Working on the next parcel
The new buildings that Ginkgo Bioworks will occupy are located next to its current headquarters, Barry Canton, chief technology officer at Ginkgo Bioworks, said in prepared remarks. Canton added in his prepared statement that the Boston Seaport District has been a thriving area for the biotechnology industry.
Marcus Partners also filed a letter of intent with the city of Boston for Parcel X, located at 310 Northern Ave., as part of the Raymond L. Flynn Marine Park. Sousa and Reilly told CPE that the project will be another two-building life science campus totaling 742,000 square feet.
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