Alexandria Real Estate Equities, Inc. celebrates the grand opening of the Alexandria Center for Advanced Technologies at The Woodlands, a one-of-a-kind, amenity-rich multi-tenant campus at 8800 Technology Forest Place in the heart of the Greater Houston life science cluster. The campus is home to the first purpose-built, cost-effective Class A laboratory infrastructure in The Woodlands in Greater Houston, and the grand opening event marks a historic milestone in the company's development of a first-of-its-kind commercial life science ecosystem within this emerging innovation hub. Alexandria's proven cluster model, informed by Harvard Business Professor Michael E. Porter's cluster theory, consists of the four critical drivers needed to create a thriving life science cluster: location, innovation, talent and capital.
Leveraging its nearly three-decade track record of life science ecosystem building and cluster development, the company is bringing its best-in-class commercial Labspace®? real estate together with trailblazing scientific innovation, a growing STEM talent pool and strategic risk capital in The Woodlands, a world-class location that benefits from a tax-free jurisdiction, low crime rates and a cost-of-living advantage relative to major cities. Alexandria is convening industry leaders and innovators this afternoon at the new Alexandria Center for Advanced Technologies at The Woodland to commemorate the occasion.
Intentionally designed to ignite collaboration and advance human health, the inspiring campus features move-in-ready laboratory space and adjacent nontechnical space, as well as vital laboratory support services. The campus's first building is a 123,392 RSF LEED Gold Core & Shell and Fitwel-certified redevelopment project anchored by San Francisco-based Nurix Therapeutics, a longtime Alexandria tenant. Nurix is a clinical-stage biopharmaceutical company leading the field of protein modulation to treat cancer and other challenging diseases, and its expansion to Texas enables the company to enhance its discovery and development efforts on a broad pipeline of proprietary and partnered programs in oncology and autoimmune/inflammatory diseases.
Alexandria has activated and enhanced the Alexandria Center for Advanced Technologies campus with an unparalleled suite of amenities, which include modern conference and event space, an expansive courtyard and event lawn, a wellness and fitness center and on-site pickleball courts. The new campus is conveniently located in proximity to leading academic medical centers and the George Bush Intercontinental Airport. The site can accommodate development to expand the campus.