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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