Excavation is underway for Innolabs, a future life sciences facility, at 45-18 Court Square.
The rendering calls for a March, 2021 completion date.
Here are more details on the project via Real Estate Weekly:3
The facility will encompass and provide all the features life sciences companies require to succeed, including lab and office spaces, a dynamic layout that will allow tenants to work productively and efficiently in collaborative environments in a centralized location. Amenities will include bike storage, a grab and go cafe, showers and professional spaces to host industry events. “The property will provide desperately needed space for businesses dedicated to the advancement of life science technologies,” said Steinwurtzel, Co-CEO of GFP Real Estate, “The cluster in Long Island City is forming and we are thrilled to play a part in this exciting project.”