Global Life Sciences Cluster Report 2011 - Jones Lang LaSalle

8th
12.5%
% life science
employment
16th
7.1
Science and
engineering
students
(per 1,000)
Established cluster
Seattle
8th
$805.6
NIH funding
(in millions)
Rank in relation to 16 United States clusters
8th
$201.4
VC funding
(in millions)
38 Americas | Jones Lang LaSalle
3rd
4.9%
8th
State
R&D spend
(as % of GDP)
3,668
Research
facilities
(in thousands
of square feet)
One of the distinguishing features of the
Seattle-area life sciences market is that very
little manufacturing is done in the region.
Nearly all life sciences industry activities are
based on research and development.
Overview
Overall, there are nearly five million square feet of life sciences
facilities within the Seattle metro area. The two main hubs within
the area are Bothell, located 20 miles northeast of the Seattle
CBD, and the submarkets of the Seattle CBD, Lake Union, First
Hill, and Queen Anne/Interbay, all located within the Seattle city
limits. Most of the lab space within Seattle consists of newer,
Class A facilities, although in some cases complete renovations
of older structures have taken place. For example, the Lake
Union steam plant renovated by Zymogenetics, now a wholly
owned subsidiary of Bristol Meyers Squibb. Bothell offers more of
a suburban campus environment, typically consisting of concrete
tilt up buildings finished with lab space.
Overall rank based on
quantitative data, among
16 United States clusters.
Tof C