Development news: Lab space sits vacant amid NIH funding cuts

🏢 Nearly one-third of Greater Boston's laboratory space sits empty as the life sciences sector faces challenges from the federal government.

• There's still another 3-4 million square feet of lab space under construction despite the low demand.
• Proposed cuts to NIH funding threaten the region's status as a biotech hub.

🏗️ Fan Pier is just about fully developed. One Harbor Shore Drive, a 21-acre waterfront development in the Seaport, recently finished construction.

• The 122-unit luxury condo building caps off 20 years of development from parking lots into a thriving mixed-use neighborhood.

🏘️ Trinity Financial advanced plans to construct a 705-unit apartment complex near Charlestown's Community College MBTA station starting in early 2027.