A tired 1980s office complex that could pass for the set of Office Space, is slated for conversion to a life sciences campus. We used to call that biotech and it means prestige tenants and well-paid jobs.
Under the latest plan to increase the city’s profile in the life sciences industry a five-building office park in Downtown Los Angeles could soon be home to a new life sciences campus.
BEP Helix, run by local businessman and biotech investor Ben Pouladian, has bought the leasehold interest in Park DTLA, a five-building, 280,000-square-foot office park at 261 S. Figueroa St., according to Urbanize Los Angeles citing a report in CoStar News.
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City and county officials, cognizant of that gap (and the high wages commanded by bioscience industry jobs), have looked to establish new life sciences campuses at Harbor-UCLA Medical Center and near the Baldwin Hills/Crenshaw Plaza Mall. Likewise, an incubator for life sciences startups recently made its debut on a County-owned site in Culver City.
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