News Observer
•Business
Business & Economics
A threat to Boston’s dominance? 9 projects transforming the Triangle’s biotech scene
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
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formal
Language
English
Language complexity
44
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Hate speech
not hateful
Attention-grabbing headline
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Known propaganda techniques
not detected
Time-value
short-lived
External references
30
Source diversity
15
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