Market Highlights
- Over the summer, Boston’s Mayor Wu announced the launch of the life sciences workforce initiative to train and employ 1,000 Bostonians to the industry’s workforce by 2025.
- Government agency ARPA-H, under the National Institute of Health, has selected Boston-Cambridge for the establishment of an investor catalyst hub.
- Boston’s current market gives prospective tenants an advantage as availability for built-out lab space is the highest it has been in over a decade.