LA Bioscience Corridor

RECOGNIZING THE POTENTIAL FOR BIOSCIENCE IN EAST LOS ANGELES

Urban Land magazine - from the Urban Land Institute - features LABH and HATCH in an article about the realities and opportunities of real estate development in the LA Bioscience Corridor.

The article highlights the importance of ready-to-use lab spaces and necessary stakeholder engagement in order to cultivate bioscience innovation. The Corridor is home to some of the last remaining parcels of industrial land in Los Angeles. Throughout the region, industrial land is being rezoned and converted into residential uses, but this area in East Los Angeles is prime for welcoming the next wave of manufacturing and production. 

One such space is HATCH - from real estate investment partners Agora and ASG - which is currently under construction and features the adaptive reuse of an 20,000 sq. ft. abandoned furniture factory and warehouse in the Corridor. HATCH will provide flexible, multi-tenant lab and office space for life science companies. 

Read the full Urban Land article here. Urbanize.LA also picked up this story in a recent article.

Renderings of HATCH show flexible and dynamic working space for emerging bioscience companies that have outgrown their incubators and ready to move into dedicated lab and office space in East Los Angeles. (BAM Architecture)

Renderings of HATCH show flexible and dynamic working space for emerging bioscience companies that have outgrown their incubators and ready to move into dedicated lab and office space in East Los Angeles. (BAM Architecture)

Celebrating the 2017 Biotech Leaders Academy Cohort

On Friday, August 18, we celebrated the 2017 Biotech Leaders Academy cohort with our students, company partners, and cross-sector leaders. Some of our students from last year's cohort came back to celebrate with us too!

Grifols generously hosted the event on their beautiful campus patio, where students presented their summer internship accomplishments. Through Biotech Leaders Academy, students expereienced and learned about the breadth of the life sciences sector. For example, Luis Nava (intern at LA Cleantech Incubator) designed and developed a new medical device, Carla Gonzalez (intern at Protomer Technologies) carried out research and development on glucose-responsive insulin, and Eric Romero built a 3D printer.

In addition to learning from our students about cutting edge biotech companies and innovations, attendees had the opportunity to mingle other guests from the public, academic, nonprofit, and bioscience sectors.

LA Bioscience Hub, the Office of Supervisor Hilda Solis, and the Office of Mayor Eric Garcetti recognized the students for their summer achievements. We also recognized our Company Partners for their contributions to making LA's bioscience industry more inclusive of students and residents in East Los Angeles.

This summer concludes another successful year of having a real impact in the lives of our students - propelling them further towards their goals in the bioscience sector by creating new and critical access to opportunities, experiences, and networks. If you'd like to support the continuation and growth of the Biotech Leaders Academy, please consider making a donation here.

Check out photos from the event below!

First Look L.A. Connects Bioscience Entrepreneurs and Investors at Cal State LA

Last week, Cal State LA hosted First Look L.A., an annual event from the Los Angeles Venture Association (LAVA) focused on nurturing, supporting, and strengthening start-ups, emerging technologies, and investment opportunities. This was the first year Cal State LA hosted and the event was a tremendous success. Innovators, investors, and industry leaders convened in the LA Bioscience Corridor and had a chance to learn more about all the opportunity and potential that continues to grow in the area. LABH attends every year and we continue to build new and meaningful relationships with industry professionals whom we meet at First Look LA. 

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In his welcome address to event guests, Cal State LA's Executive Vice President and Chief Operation Officer, Jose A. Gomez, stated, "Cal State LA is promoting strong partnerships to develop a thriving entrepreneurial ecosystem. The future is right here—in L.A. and the San Gabriel Valley region." Gomez also chairs LA BioSpace, Cal State LA's incubator that will enable startup firms to develop innovative technologies in the LA Bioscience Corridor.

Learn more about the event here: press release

Exciting Things at the Eastside Mixer in the LA Bioscience Corridor

On April 26, our friends from Biotech Connection Los Angeles, Biocom LA, and Cal State LA hosted a mixer on CSULA's campus for innovators, entrepreneurs, and young scientists to gather in the LA Bioscience Corridor.

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Verrix and Xencor were the featured companies that evening. Guests had the opportunity to learn about the product innovation that each of these companies bring to the market. Event hosts shared exciting updates about their projects, including BioStart Entreprenuership Bootcamp (LA BioSpace, Cal State LA) and the launch of Biocom's Catalyst Awards in Los Angeles to highlight and celebrate young bioscience rockstars.

U.S. Assistant Secretary of Commerce for Economic Development Visits LA Bioscience Corridor

On July 8, U.S. Assistant Secretary of Commerce for Economic Development, Jay Williams, and LA County Supervisor Hilda Solis visited the LA Bioscience Corridor and toured anchor institutions - Cal State LA and USC Health Sciences Campus. Cal State LA President, William A. Covino and LA Bioscience Hub Secretary and Associate Professor in Biology at Cal State LA, Howard Xu, gave a tour of the campus’ successful STEM programs and shared plans for the future BioSpaceLA, the future LA County-Cal State LA bioscience incubator.

Assistant Secretary Williams’ visit wrapped up with a roundtable discussion that brought together academic, industry, and public leaders to talk with Williams about the potential and opportunities in the LA Bioscience Corridor to create a thriving bioscience ecosystem with a strong pipeline to bioscience careers.

Supervisor Solis is one of several local leaders that supports the creation of a bioscience cluster in East LA, and retaining the region's life sciences talent and jobs. The video below recaps the Los Angeles Biotech Summit from February 2015, which featured public officials and industry leaders expressing excitement for the industry and the Corridor.

Urban Land Institute (ULI) Urban Marketplace

Thursday, April 2, 2015  |  7:30am – 12:00pm

The LA Bioscience Hub will be at this year’s Urban Land Institute (ULI) Urban Marketplace, and we hope to see you there!
The LA Bioscience Hub will co-host the roundtable, LA Bioscience Corridor: Repositioning for Innovation, with Nicholas Greif from the Mayor’s Office of Economic Development, Business Team. The roundtable will showcase the Corridor’s exciting investment and development opportunities. You will learn about:

• Available properties in the Corridor,
• Major projects and investments coming to the Corridor,
• The City and County’s commitment to nurture the local industry and the Corridor, including the County’s recent multi-million dollar investment, and
• Why you should invest now

The LA Bioscience Corridor is home to leading research universities, medical facilities, and a highly skilled workforce. The key to unlocking the immense potential for bioscience in East LA is real estate investment. The need for commercial wet lab space exists and continues to grow. The LA Bioscience Corridor has an abundance of industrial land that is primed for repositioning and redevelopment into new bioscience facilities that support jobs and the boost the region’s economy.

StimULI Breakfast Panel: Formula for a Thriving LA Bioscience Corridor

Wednesday, February 11  |  7:30am – 9:00am

With established bioscience industry clusters already present in the Santa Clarita Valley and South Bay, Los Angeles County and the City of LA have pegged LA Bioscience Corridor along Valley Boulevard in East Los Angeles as the next frontier for bioscience growth in the region.

Join LA Bioscience Hub and Urban Land Institute (ULI) Los Angeles for our upcoming StimULI Breakfast panel: Formula for a Thriving LA Bioscience Corridor. You’ll hear a cross-sector panel discuss bioscience opportunities in LA and share insights on:

  • Industrial properties available on the market within the LA Bioscience Corridor;
  • The City and County’s commitment to nurture the local industry and the Corridor;
  • The value of anchoring an incubator within an industry cluster;
  • The needs of bioscience start-ups and their employees.

Panelists

  • Cecilia V. Estolano, Representative for LA Bioscience Hub; Member, Estolano LeSar Perez Advisors (moderator)
  • Nicholas Greif, Business Team, Mayor’s Office of Economic Development
  • David Meyer, Ph.D., President and CEO, LA BioMed
  • Brett Dedeaux, President and CEO, Dedeaux Properties
  • Llewellyn CoxPh.D., CEO, Lab Launch Inc.; Principal, LieuLabs LLC

LEARN MORE AND REGISTER HERE

Thank you to all those who were able to attend our tour event in the LA Bioscience Corridor on October 9!

Special thanks go to Grifols for opening up their beautiful patio for the event, Los Angeles County Supervisor Gloria Molina for her leadership in sponsoring the tour, Cal State LA for their strong partnership, and Jones Lang LaSalle and the City of Los Angeles for their support in making this event a success.

The tour on October 9, 2014 featured prime industrial properties in the LA Bioscience Corridor. Representatives from industry, government, and universities were present to share news and information on the area.

We have events scheduled over the next several months and into 2015, including the groundbreaking of BioSpaceLA (the future LA County/Cal State LA Incubator), a StimULI Breakfast, and more real estate tours. Stay tuned for details on these upcoming events.

Be the first to hear about events and opportunities by connecting with us on Twitter (@LABioscienceHub) and joining our list serve (email cynthia@elpadvisors.com).