Introducing The Labs by Sterling Bay · 2021. 2. 9. · Introducing The Labs by Sterling Bay ......

19
1

Transcript of Introducing The Labs by Sterling Bay · 2021. 2. 9. · Introducing The Labs by Sterling Bay ......

  • 1

  • Introducing The Labs by Sterling Bay

    The growing portfolio of buildings suitable for lab-based operations within The Labs portfolio includes two ready-to-occupy sites in Illinois:

    An urban multi-tenant discovery and product development lab building in the heart of Lincoln Park, one of Chicago’s most academic and culturally renowned neighborhoods;

    A suburban office and lab facility located close to Argonne National Laboratories.

    2430 North Halsted

    Lincoln Yards

    Sterling Bay has also embarked on a transformative development of an innovation district at Lincoln Yards, Sterling Bay’s 55-acre mixed-use development located along the north branch of the Chicago River close to downtown and easy to get to.

    Sterling Bay LLC 2

  • 2430 North HalstedThe New Center for Life Science

    Location Details

    > 1 block to Fullerton Red/Brown/Purple “L” station

    > Centrally located in the heart of Lincoln Park live-work-play community

    > Directly neighboring DePaul Campus

    > Less than a mile from Lincoln Yards

    > Surrounded by some of Chicago’s most extensive retail options

    > Easy access to all major hospitals in the area

    > 15 minute drive to the Loop

    2430 N Halsted, Lincoln Yards and DePaul Campuses

    Sterling Bay LLC 3

  • Now Leasing 2430 North Halsted

    Asset Type

    Life Science Lab

    Location

    Lincoln Park

    Approximate Building Size

    120,000 SF

    Stories

    5

    > Incubator graduation space

    > Secure wet lab environment

    > Reverse osmosis water

    > Emergency back-up power

    > Loading dock with 3 ton hydraulic lift

    > Close to public transportation

    > Secured underground parking for 58 cars

    > Modernized conference rooms

    > 24/7 robust HVAC

    > Shared workplace amenities

    Sterling Bay LLC 4

  • Typical Floor Plan

    Floors 3-5

    > 20,000-29,000 SF per floor

    > Wet lab space with vacuum, air and natural gas throughout, separate exhaust systems, and 6’0” fume hoods

    > Typical 11’ x 25’ module with center island casework

    Sterling Bay LLC 5

  • Now Leasing 600 West Chicago

    Asset Type

    Office/Retail/Lab

    Location

    River North

    Approximate Building Size

    1.65M SF

    Stories

    8

    > Suite 775 available

    > 13,000 SF lab space shared with office build out

    > Renovated lobby/amenity/outdoor spaces in 2020

    > Farehouse Market and Amazon Go located in lobby

    > Roofdeck with city and river views

    > Revamped river walk

    > Full service gym

    > Immediate proximity to Brown and Purple “L” stops

    > Full service shuttle to Ogilvie and Union Transportation Centers

    Sterling Bay LLC 6

  • Typical Floor Plan

    Suite 775

    > 13,000 SF lab opening

    > Shared office space

    S I T E K E Y

    Sterling Bay LLC 7

  • Now Leasing 2501 Davey

    Asset Type

    Office/Lab

    Location

    Woodridge, IL

    Approximate Building Size

    103,000 SF

    Stories

    1

    > Five laboratories totalling 18,000 SF

    > Ample amount of sink and fume hoods

    > 25,000 SF of built out office space, including furniture

    > Campus style building design with natural light and architectural features

    > Approximately 25,000 SF of unfinished/warehouse space, leaving room for expansion

    > Conveniently located directly off I-55 & I-355

    > Cafeteria, auditorium, and expansive conferencing capabilities

    Sterling Bay LLC 8

  • Floor Plan

    > 103,000 SF total

    > 5 laboratories, 18,000 SF

    > 25,000 SF built-out office space

    AVAILABLELAB AND

    OFFICE SPACE

    AV

    AIL

    AB

    LE

    8,5

    22

    SF

    SUITE 150B14,196 SF MATERIALS

    STORAGE

    SUITE 150A14,196 SF

    BOILERMECHANICAL

    ROOM

    Sterling Bay LLC 9

  • Life Sciences at Lincoln Yards

    Lincoln Yards South

    > Parcel D2 & G1 are part of Lincoln Yards South

    Life Sciences Space> Approximately 500,000 SF Lab/R&D

    > 36,000 SF floor plate

    Anticipated Completion> Summer 2022

    Approved Development> 55 acres of prime real estate

    > 21 acres of public open space

    > 100+ new shops

    > 5,000 new residences

    > 1,000 new hotel rooms

    G1

    D2

    ARMITAGE AVENUE

    ASHI

    LAND

    AVE

    NUE WEBSTER AVENUE

    CLYBO

    URN

    AVEN

    UE

    CORTLAND STREET

    WILLOW STREET

    WABANSA AVENUE

    CONCORD PL

    KING

    SBURY STREET

    KING

    SBURY STREET

    SOUT

    HPOR

    T AVE

    NUE

    ELST

    ON

    AVE

    NU

    E

    CORTLAND AVENUE

    DO

    MIN

    ICK

    AVE

    NU

    E

    RESIDENTIAL 4,526,562 SF 5,000 Units

    COMMERCIAL 8,768,750 SF

    RETAIL 803,850 SF

    HOSPITALITY 440,000 SF 1,000 Keys

    TOTAL GSF 14,539,162 SF

    G1

    D2

    ARMITAGE AVENUE

    ASHI

    LAND

    AVE

    NUE WEBSTER AVENUE

    CLYBO

    URN

    AVEN

    UE

    CORTLAND STREET

    WILLOW STREET

    WABANSA AVENUE

    CONCORD PL

    KING

    SBURY STREET

    KING

    SBURY STREET

    SOUT

    HPOR

    T AVE

    NUE

    ELST

    ON

    AVE

    NU

    E

    CORTLAND AVENUE

    DO

    MIN

    ICK

    AVE

    NU

    E

    RESIDENTIAL 4,526,562 SF 5,000 Units

    COMMERCIAL 8,768,750 SF

    RETAIL 803,850 SF

    HOSPITALITY 440,000 SF 1,000 Keys

    TOTAL GSF 14,539,162 SF

    D2

    G1

    Sterling Bay LLC 10

  • expressway access

    expressway access

    to O’Hare

    riverwalk

    to downtown

    CTA Bus 72

    CTA

    Bus

    09

    CTA Bus 73

    water taxi stop

    WEBSTER AVENUE

    WILLOW STREET

    ARMITAGE AVENUE

    CLYBOURN AVENUE

    KING

    SBURY STREET

    SH

    EFF

    IELD

    AV

    EN

    UE

    RA

    CIN

    E A

    VE

    NU

    E

    SO

    UT

    HP

    OR

    T A

    VE

    NU

    E

    NORTH AVENUE

    ELSTON

    AV

    ENU

    E

    KEN

    NED

    Y EX

    PRESSW

    AY

    CORTLAND STREET

    606 Trail

    METR A LINE

    CTA BROWN

    CTA RED LINE

    CTA BUS LINE

    606

    606 EXTENSION

    BIKE LINE

    WATER TAXI ROUTE

    CTA PURPLE

    CTA BLUE LINE

    water taxi stop

    water taxi stop

    DA

    ME

    N A

    VE

    NU

    E

    CONC

    ORD P

    LACE

    DO

    MIN

    ICK

    STREET

    5 MINU

    TE WALK

    RIVE RWAL K

    FUTURE RIVE RWAL K

    EXISTING COMMERCIA L CORRIDOR

    DamenCTA Station North/Clybourn

    CTA Station

    MetraStation

    ArmitageCTA Station

    FullertonCTA Station

    Lincoln Yards is adjacent to:

    > 90/94 Kennedy Expressway

    > On site Metra Exchange

    > New LYNC Station

    > Shuttles to nearby CTA Stations

    > Shuttles to Western Metra Station

    > CTA Bus Routes

    > Water Taxi Stops

    > 606 Trail Extension

    expressway access

    expressway access

    to O’Hare

    riverwalk

    to downtown

    CTA Bus 72

    CTA

    Bus

    09

    CTA Bus 73

    water taxi stop

    WEBSTER AVENUE

    WILLOW STREET

    ARMITAGE AVENUE

    CLYBOURN AVENUE

    KING

    SBURY STREET

    SH

    EFF

    IELD

    AV

    EN

    UE

    RA

    CIN

    E A

    VE

    NU

    E

    SO

    UT

    HP

    OR

    T A

    VE

    NU

    E

    NORTH AVENUE

    ELSTON

    AV

    ENU

    E

    KEN

    NED

    Y EX

    PRESSW

    AY

    CORTLAND STREET

    606 Trail

    METR A LINE

    CTA BROWN

    CTA RED LINE

    CTA BUS LINE

    606

    606 EXTENSION

    BIKE LINE

    WATER TAXI ROUTE

    CTA PURPLE

    CTA BLUE LINE

    water taxi stop

    water taxi stop

    DA

    ME

    N A

    VE

    NU

    E

    CONC

    ORD P

    LACE

    DO

    MIN

    ICK

    STREET

    5 MINU

    TE WALK

    RIVE RWAL K

    FUTURE RIVE RWAL K

    EXISTING COMMERCIA L CORRIDOR

    DamenCTA Station North/Clybourn

    CTA Station

    MetraStation

    ArmitageCTA Station

    FullertonCTA Station

    Sterling Bay LLC 11

  • BUCKTOWN

    LOGAN SQUARE

    WICKER PARK

    NOBLE SQUARE

    LINCOLN PARK

    LAKEVIEW

    OLD TOWN

    GOLD COAST

    CHICAGOLOOP

    NORTH BRANCH

    CORRIDOR

    LINCOLN YARDS

    RIVER NORTH

    FULTON MARKET

    WEST LOOP

    An Unbeatable Location

    Chicago is a true “city of neighborhoods” represented most appealingly by Bucktown and Lincoln Park. Sitting at the cross section of these two communities, Lincoln Yards offers unmatched access to the city’s best transportation, retail, and lifestyle options. This unbeatable location makes Lincoln Yards the most desirable location for the next generation of life sciences talent.

    2430 N HALSTED

    Sterling Bay LLC 12

  • New Metra Station & Transportation Node

    Lincoln Yards is serviced by multiple modes of public transit.

    Lincoln Yards is under ten minutes to the Loop, adjacent to the Kennedy Expressway, as well as to a Metra commuter rail station, which will be brand new and fully integrated within the development. Lincoln Yards is also within walking distance of three CTA train stations, three CTA bus routes and Divvy bike share stations.

    O’Hare International Airport is just 20 minutes by car or 28 minutes via public transportation.

    New Metra Station & 606 Extension

    Sterling Bay LLC 13

  • Why Chicago?

    It’s the nation’s most livable big city, and boasts a robust economy.

    With an unrivaled talent pool and a world-class workforce, more than four million employees and 400 major corporate headquarters call Chicago home.

    Chicago is the top destination for Big Ten graduates.

    The graduates of highly respected Big Ten Schools flock to Chicago. Northwestern University, University of Illinois, Purdue University, Indiana University and University of Iowa each have at least 10% of their alumni base in the Chicago area according to LinkedIn Economic Graph Initiatives. These schools boast some of the highest rated colleges in the country.

    - U.S. News 2018 Rankings

    Chicago is home to culture, diversity and talent.

    A magnet for next-generation talent, Chicago is the vibrant home to world-class museums of art and science, famed architecture and some of the country’s best neighborhoods.

    #1most diversified economy in the United States - Moody’s Analytics

    Sterling Bay LLC 14

  • At the Crossroads of Accessibility

    Chicago is America’s Air and Rail Transportation Hub

    Located at a Center Point of Interstate Transportation

    - Chicago Department of Aviation, Choose Chicago

    110MVisitors to Illinois every year, including over 50 million to Chicago

    100MPassengers pass through Chicago airports each year

    Seattle4 hrs, 30 min

    Minneapolis1 hrs, 30 min

    San Francisco4 hrs, 30 min

    Los Angeles4 hrs, 30 min

    Phoenix4 hrs

    Dallas2 hrs, 15 min

    New Orleans2 hrs, 30 min

    Atlanta2 hrs

    Orlando2 hrs, 30 min

    Washington DC1 hrs, 45 min

    New York2 hrs, 15 min

    ChicagoChicago

    Sterling Bay LLC 15

  • 5th Chicago is the fifth largest life science metro by employment

    2nd Largest gain in the nation in medical device establishments

    $806M In NIH funding, 2017

    $98.6B in economic output

    592,000 total jobs

    157,000 new jobs by 2025

    Health and Life Sciences Innovation

    Sterling Bay LLC 16

  • Illinois Located Research Universities

    11 Research universities with significant academic research funding that fuel intellectual property generation and provide a robust base for technology commercialization

    Sterling Bay LLC 17

  • We Are Sterling Bay

    Developers, investors, builders, innovators. We are driven by a passion for what we do.

    McDonald’s World HQ

    Google’s Midwest HQ

    Our HQ portfolio includes:

    Sterling Bay LLC 18

  • Bring us your next breakthrough.

    Joy Jordan [email protected] 312.566.4988

    Catherine Vorwald [email protected] 312.202.3488

    S T E R L I N G B AY.C O M