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Business & Economics

A threat to Boston’s dominance? 9 projects transforming the Triangle’s biotech scene

News Observer
Summary
Nutrition label

88% Informative

$8.9 billion has been invested in the region’s life-science real estate since 2018 .

More than 29 projects proposed or underway from companies like Fujifilm Diosynth and Amgen .

Rising interest rates and softening economic conditions have tempered tenant demand slightly over the last year .

Catalyst BioCampus promises “up to 446,000 square feet ’ of biomanufacturing, lab and office space in Holly Spring’s Oakview Innovation Park .

Amgen broke ground in 2022 on a new 350,000-square-foot multi-product drug manufacturing plant in Holly Springs .

Developers paid $62.5 million for the property in the Hayti community near downtown in 2022 .

VR Score

87

Informative language

84

Neutral language

93

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

30

https://www.newsobserver.com/news/business/article281506078.htmlhttps://triangle.pathwayksp.com/#triangle-1https://kingstreetproperties.com/https://www.amgen.comhttps://lfrep.com/property/via-labs-at-hub-rtp/https://www.catalystbiocampus.com/_files/ugd/7c6122_05951acf40224c97809b027bb1738d3a.pdfhttps://www.heritagesquaredurham.com/https://www.newsobserver.com/news/business/real-estate-news/article279554664.htmlhttps://www.newsobserver.com/news/local/counties/orange-county/article255899941.htmlhttps://www.epmscientific.com/blog/2023/02/boston-is-now-the-largest-biotech-hubhttps://fujifilmdiosynth.comhttps://www.catalystbiocampus.com/https://triangle.pathwayksp.comhttps://fujifilmdiosynth.com/https://www.newsobserver.com/news/business/article250006004.htmlhttps://www.newsobserver.com/news/business/article282520078.htmlhttps://www.newsobserver.com/news/business/real-estate-news/article270208427.htmlhttps://www.newsobserver.com/news/business/article259143198.htmlhttps://www.newsobserver.com/news/business/real-estate-news/article277908028.htmlhttps://lfrep.com/https://www.bostonglobe.com/2024/02/01/business/boston-biotech-vs-raleigh-durham/https://sterlingbay.comhttps://www.newsobserver.com/news/business/article270801392.htmlhttps://www.newsobserver.com/news/business/real-estate-news/article274234540.htmlhttps://www.us.jll.com/en/trends-and-insights/research/life-sciences-real-estate-outlook?utm_source=media&utm_medium=referral&utm_campaign=am-us-industries-2023perspectivehttps://www.sparklifescience.cohttps://www.newsobserver.com/news/business/article257032782.htmlhttps://www.grubbproperties.comhttps://www.catalystbiocampus.comhttps://t.news.newsobserver.com/webApp/mccSignUp?newsletter=newsobserver_trianglerealestate_newsletter

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