An affiliate of Marcus Partners has plans to develop a new 262,468-square-foot life science campus at Parcels O and P in the Raymond L. Flynn Marine Park (RLFMP) in Boston’s Seaport District.
JLL Capital Markets has arranged a $193.76 million construction loan for the development.
When delivered in 2024, the project will be one of the most sustainable buildings in Boston and set a new bar for research facilities in the city. The project, which is fully pre-leased to Ginkgo Bioworks, will have 14.5-foot floor-to-floor heights and flexible floorplates, and the lab portions of each floor can accommodate nearly three times the amount of conventional power. Sustainable features will include a high-performance façade system, ultra-efficient heat-recovery systems, hydronic cooling and on-site renewable energy from solar panels on both buildings. The project is also designed with resiliency in mind and has been elevated four feet to accommodate future se
