 | | As life sciences sites and labs become more residential in character, with outdoor balconies, artwork and high-end amenities, it makes sense that they would finally include actual residential units, or seed nearby residential projects, adding a lab component to the live-work-play formula. And with traditional anchors and anchor tenants, such as tech firms or large office development, losing some of their luster, life sciences has become, in the right market and neighborhood, a way to not only bring foot traffic, but also attract high-paying jobs.  “The life science sector is really blossoming and powerful,” said Berkeley Investment Senior Vice President of Development Morgan Pierson, whose firm is working on the 176 Lincoln development, a forthcoming 5-acre mixed-use, lab-anchored project taking shape in Boston’s Allston neighborhood. “It’s because of what it brings the region in terms of jobs and investments.” The 176 Lincoln development will mix in just about every kind of use: residential units, including affordable artist lofts, food and beverage offerings, space for a nonprofit arts center, office, retail and lab, all near a Harvard satellite campus. It’s part of a growing number of mixed-use projects adding a… Read Full Story  |
