Boston
Biosquare, a $650-million biotech development, is under construction in Boston. Boston University and Boston University Medical Center are the developers of the project, which is being built in two phases. Phase one encompasses 1.2 million sf of space including 60,000 sf of space for animal testing, an in-house incinerator, and a 1,000-car parking garage. Phase one is nearing completion. Phase two will provide 1.3 million additional sf of space for labs and offices, a 240-room hotel, and an a 1,200-car parking garage. Phase two is scheduled for completion in the next few years.