Labs at City Garage Change is afoot at City Garage. The former bus garage in Port Covington was transformed into a maker hub in 2015. Its next act will be as a home for life sciences companies. The massive building is set to be outfitted with 100,000 square feet of lab space over the next decade, with 75,000 square feet of that set to be built out next year. That’s according to Kevin Plank-backed Sagamore Ventures and Rockville-based real estate investment firm South Duvall, which announced a partnership Wednesday centered around the biotech initiative. In particular, the aim is to attract growth stage life sciences companies. It answers one oft-voiced call in Baltimore: More lab space is needed to keep up-and-coming companies being formed out of the city’s healthcare research institutions, like Johns Hopkins and the University of Maryland. “Baltimore is home to many world class institutions, but there’s been a true need for space built for research and development,” said Matthew Brown, director of acquisitions at South Duvall, in a statement. “City Garage and Port Covington will be the perfect place for the innovative life science community to grow in Baltimore.” Still, City Garage is already an active hub for companies, so the announcement begged the question — who will be moving out? One answer is Under Armour. The apparel company has had a manufacturing innovation space called UA Lighthouse in City Garage since 2016. But now, the company’s 67,000-square-foot block will be vacated in early summer 2022, Brown said. Under Armour did not immediately respond to a request for comment on Thursday. Brown said other areas of the building will be converted for life sciences as they are vacated. On the other side of Port Covington, life sciences companies are among a mix of tenants developers are aiming to attract as they construct new buildings. What do you think of this move toward lab space at the closely-watched redevelopment project? Tell us at baltimore@technical.ly. —Technical.ly Deputy Managing Editor Stephen Babcock (stephen@technical.ly) |