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Colleagues,

As reported in the New York Times...The FDA is consolidating its laboratories and offices in a 662-acre military compound in Silver Spring, Maryland, formerly known as the Naval Surface Warfare Center. The $1.15 billion project — which includes 14 new buildings totaling 3.1 million square feet of labs and offices — is also expected to become the anchor of a new biotech hub just outside the Capital Beltway...

About 3,700 F.D.A. employees are now stationed in Silver Spring, working in life sciences, engineering and physics laboratories. Next month, 1,100 more F.D.A. employees will join them. By 2012, the total could ultimately grow to 8,800...The F.D.A.’s arrival has spurred other biotech and medical-related developments in the area.

The furthest along is the Washington Adventist Hospital, a 102-year-old medical institution in nearby Takoma Park known for its cardiac care center, which performs nearly 600 open heart surgeries a year. Adventist is planning to move to a new 292-bed building next to the F.D.A. Another site, just north of the F.D.A., is being considered for the East County Center for Science and Technology, a county government-sponsored office park with a biotech focus.

But perhaps the most ambitious proposal is coming from Percontee Inc., a local real estate development company that owns a 185-acre parcel northeast of the F.D.A. property. Percontee has yet to submit formal applications to Montgomery County, but its draft proposal envisions a mixed-use development that includes 2,000 townhouses and condos, more than 2 million square feet for biotech firms, 200,000 square feet of retail space and 50 acres of parkland...

Read on at: http://www.nytimes.com/2009/02/25/business/25labs.html?pagewanted=2...

ENJOY!

CC

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