Developers are laying the foundation for a new biotech complex in California
Over the last few years biotech has been blossoming up and down the Peninsula south of San Francisco. And now it looks like San Carlos, CA could be the next city to see a big biotech boom.
Well known biotech developer Alexandria Real Estate Equities has snapped up property on the city’s East Side that could make more than a million square feet of space available to life sciences companies.
“San Carlos has quietly been gaining momentum in the area of biotechnology growth,” community development director Al Savay told the local Daily Journal. “It’s sort of a new market opening up in San Carlos.”
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