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Image courtesy of King Street Properties
After acquiring 45 acres of development sites at the Devens business park, Boston-based King Street Properties has broken ground on its first biomanufacturing facility.
The 100,000-square-foot building at 45 Jackson Road is the initial phase of a planned 700,000-square-foot campus spanning five buildings. The designs will provide 36-foot clear heights, robust utilities and structural capacity to meet the growing demand for biomanufacturing space.
King Street Properties acquired the sites at 45 and 79 Jackson Road this summer from MassDevelopment, which oversees the 4,400-acre former Army base located in the towns of Ayer, Harvard and Shirley.
The $500-million development’s first building is scheduled for completion in 2021.
King Street Properties’ new Pathway division will provide design, permitting and construction management for drug companies seeking to occupy flexible biomanufacturing space on short timelines as they bring drug treatments to market, King Street Properties said in an announcement.
CBRE Executive Vice President Brian McKenzie leads the leasing team for the property.
