MONTGOMERY COUNTY, MD – Global Commercial Real Estate Development Company Trammell Crow Co. plans to develop a life science campus in Montgomery County, MD.
Located in Shady Grove County, on the Johns Hopkins University’s Belward campus, the development called Labs at Belward will initially feature 757,000 square feet of trophy lab, research and discovery space in three buildings. Construction of the buildings will begin in June 2023, and completion is expected in early 2025.
For development, TCC has entered into a 99-year land lease with Johns Hopkins University for 20.6 acres of its Belward Campus.
The project has the potential to grow to 1.6 million square feet in seven buildings.
The development is in line with the 2010 Montgomery County Science Corridor Greater Seneca master plan to create a dynamic living / working community that supports the life sciences industry. Through the project, TCC aims to advance a world-class vision for life sciences, research and development, and a biodiscovery campus.
“Labs at Belward is the first innovative ecosystem of its kind within a peer-to-peer campus environment,” says Eric Fischer, executive director of TCC’s MidAtlantic office. “The design of this thought-provoking project will allow users of world science to have the flexibility for future growth and expansion. The location within Shady Grove also places laboratories in the eminent center of life sciences in Maryland, close to innovative companies that contribute to the growth of the life sciences sector in this area. ”
Fischer adds: “Most importantly, we appreciate the opportunity to work closely with Johns Hopkins University and Montgomery County to activate this critical place in a way that promotes a shared vision of life sciences from the University and the county.”
Designed to meet the LEED Gold standard, Labs at Belward will support BSL Category-2 laboratory functions. The buildings will have a ceiling height of 18 feet and 16 feet, outdoor balconies and terraces, tenant facilities, ancillary retail facilities and secured structured parking.
The project will also be supported by a six-hectare public park that will include an amphitheater, recreational grounds and two retail pavilions with a total area of 6,000 square feet. The TCC further plans to activate large wooded buffer areas by setting up several miles of bike and hiking trails, while preserving the natural elements in place.
Gensler will serve as the project architect, and Clark Construction Group will serve as the main contractor. The TCC will further partner with Soltesz Inc., Lerch Early Brewer, James Posey Associates Inc., Thornton Tomasetti and OJB for development.
CBRE’s life sciences team manages the marketing and leasing for the project.
“We look forward to the realization of Labs at Belward as an integral component of the overall vision of Belward Camus from Johns Hopkins University,” says Mitch Bonanno, Chief Real Estate Officer for Johns Hopkins University and Medicine. “We are thrilled that this landmark land lease and project will serve to achieve the goals of the Grand Seneca Science Corridor master plan and provide many of the expected benefits to the community that Belward Campus intends to provide as part of the 2011 campus plan approval. ”