#United States #Philadelphia #Eli Lilly #Lilly Gateway Labs #Breakthrough Properties

Lilly Gateway Labs: A New Biotech Hub in Philadelphia

Breakthrough Properties has teamed up with Eli Lilly and Company to introduce Lilly Gateway Labs at the new 2300 Market Street in Philadelphia. This exciting venture aims to create a thriving environment for biotechnology companies, offering tailored lab spaces and facilities designed to foster innovation and growth.

A Unique Opportunity for Biotech Companies

Lilly Gateway Labs stands out by providing ready-to-use lab spaces that are not only fully equipped but also come with staffing and strategic support. Designed specifically for emerging biotech firms, these spaces allow businesses to hit the ground running without the burdens of extensive setup or high initial costs.

The labs encompass about 44,000 square feet over two levels and include essential equipment such as centrifuges, autoclaves, and cold storage capabilities. This setup ensures that scientific teams can prioritize their research and development from day one. Furthermore, the facility's design incorporates modern amenities that foster a collaborative work atmosphere.

Comprehensive Support from Industry Leaders

One of the most advantageous aspects of Lilly Gateway Labs is access to a wealth of resources through Breakthrough Properties and Eli Lilly. Companies will benefit from the insights and expertise of Lilly’s scientists and executives. This connectivity to industry veterans is a vital asset for startups aiming to accelerate their growth and innovation.

Additionally, flexible lease terms and predictable pricing for key services make it easier for biotech firms to manage their operational costs effectively.

Community and Infrastructure

Located adjacent to key educational institutions like the University of Pennsylvania and Drexel University, Lilly Gateway Labs is strategically positioned within Philadelphia's burgeoning life sciences ecosystem. This prime location provides companies with quick access to a wealth of talent and collaboration opportunities.

Residents of 2300 Market will also enjoy various on-site amenities, including an Alchemy Coffee café, fitness facilities, and conference spaces, enhancing the experience of working in the area. Moreover, proximity to public transportation options like the 30th Street Station facilitates easy commuting for employees.

Breakthrough Properties’ Vision

Founded in 2019, Breakthrough Properties aims to reimagine the landscape of life science real estate. This latest project underlines its commitment to creating environments conducive to scientific advancement. With a vision to support innovation across biotechnology, agriculture, and nutrition, the partnership with Lilly is a significant step towards establishing Philadelphia as a global leader in scientific research and development.

Daniel D'Orazi, Chief Investment Officer at Breakthrough Properties, emphasized the importance of this initiative for the future of life sciences in Philadelphia. According to him, “By providing innovative scientists with comprehensive lab space, flexible growth opportunities, and ready access to top minds and funding sources, Lilly Gateway Labs at Breakthrough will help reinforce Philadelphia as a hub for life-changing discoveries.”

Conclusion

The launch of Lilly Gateway Labs is poised to revolutionize the biotech landscape in Philadelphia. By offering a collaborative and resource-rich environment, Breakthrough Properties and Eli Lilly are not just providing lab space; they are cultivating the future of biotechnology innovation. As this partnership unfolds, we can expect to see the emergence of groundbreaking life science companies ready to make their mark on the world.

With all the right elements in place, Lilly Gateway Labs at 2300 Market Street is set to become a beacon for biotech innovation in Philadelphia, driving progress and fostering a culture of scientific excellence in the community.