Chris Jasinski’s Post

𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝘄𝗼𝗿𝗸𝘀𝗽𝗮𝗰𝗲𝘀, 𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝘀𝗰𝗶𝗲𝗻𝗰𝗲.   The intersection of scientific research and real estate is redefining how spaces are designed and used, creating opportunities to transform traditional offices into dynamic hubs for innovation.    In our latest insight, Neil Stevens explores how thoughtful design, strategic locations, and adaptability are driving this change, creating spaces that inspire groundbreaking advancements while meeting the evolving needs of the scientific community.    Discover how these dynamic spaces are shaping the future of innovation:  https://bit.ly/4hnNTIb   #InnovationSpaces #ScientificResearch #FutureOfWork #AdaptiveDesign

Our team attended the recent Bisnow Biotech Summit where Jordan Fallman, Sanofi’s Head of North American Real Estate was on a panel “Next Wave of Biotech Hubs: Attracting Tenants Through Design, Build and Amenities.” The panel discussion provided an optimistic outlook on the Boston real estate market compared to national trends. Panelists highlighted the abundance of "clean white boxes" in the market, prompting developers to incorporate more amenities and unique spaces to differentiate their buildings and attract tenants. An insight the panelist noted was the broader definition of lab space—often thought of as exclusive to life science and biotech. The most active sectors in the lab market are now clean tech, climate tech, and tough tech. Ben Wan of RODE Architects Inc. noted that tenants prioritize "food, fitness, wellness, and conferencing," while Jordan noted that "a warm, inviting space is a productive space." While the national outlook for life science space is challenging, Boston remains well-positioned as a global leader in the science and technology environment. However, a panelist noted that numbers taken from JLL's market reports reveal a mixed story. Of the 45 MSF of life science space in Boston, 16 MSF, including sublease space, remains vacant, reflecting an 8:1 imbalance between supply and demand. In 2024, only 5-10 leases were signed for core shell space, while second-generation spaces offer a more economical and quicker route to occupancy. East Cambridge, once boasting 0% vacancy, now has an 18% vacancy rate. However, its prime location suggests it will be the first submarket to recover as location remains a critical factor for life science tenants. #ProjectManagement #LifeScience #Biotech #MarketOutlook 

Reimagining Innovation Districts: The Transformative Role of Public Art Innovation Districts are dynamic ecosystems where startups, businesses, and critical landmarks unite, driving economic growth and collaboration. Unlike traditional suburban office parks, these connected communities bring life back into urban spaces, creating a renewed sense of ‘Cityness’ (Edmond Lao, 2024, Artful Innovation: Driving Innovation Districts With Public Art) Investment NSW focuses on some local examples, including Central Coast, Macquarie Park, Tech Central and Westmead Innovation District, and Western Sydney Aerotropolis. Take Westmead, Australia’s future premier health and innovation district. Anchored by major hospitals and universities, the district will drive economic growth and research opportunities. At Art Pharmacy - B Corp Certified - Art Consultants, we believe integrating public art can foster creativity, collaboration, and connection across health and technology industries. Our Lismore Base Hospital ‘Sanctuary’ art collection perfectly shows how thoughtfully curated public art can highlight the local community and transform typical clinical spaces into engaging, welcoming environments that encourage creativity, calmness, and connection. Ultimately, public art plays a crucial role in shaping these districts by: Forming identity – Reflecting local culture and heritage. Creating welcoming spaces – Turning spaces into inviting places. Attracting people – Encouraging interaction and foot traffic. Integration of public art into the foundation of the design. With the NSW Government and Committee for Sydney leading discussions on Innovation Districts, there’s no better time to explore how public art can transform these spaces into vibrant hubs that celebrate diversity and champion our local communities. Art is not an afterthought. It should be integrated meaningfully, ensuring it serves the communities within its context. The goal is to curate art that enriches and connects with the local culture and people. This intentional approach allows for deeper engagement and long-term impact, enhancing the everyday experience in these areas. #ArtPharmacy #PublicArt #PublicActivation #InnovationDistricts  #Placemaking #Creativity #UrbanDevelopment

Life sciences mixed-use developments are a combination of life sciences uses and other uses, such as residential, retail, and neighborhood services. These developments can help create vibrant districts, encourage walkability, and ease the housing crisis. They can also increase productivity, efficiency, and engagement for employees. BioLabShare project in Huntsville, Alabama is an example of a life sciences mixed-use development. Why multi-use real estate is in demand for life sciences companies? Here is a great article that give a great answer to that question. https://lnkd.in/gpRqynHX

Is the life sciences property market facing an identity crisis? Once a booming sector, the demand for lab spaces is now faltering, leading developers to consider converting these high-tech facilities into traditional office spaces. With a surplus of specialized lab properties available, the market is experiencing a significant shift. High-quality life sciences properties have seen values decline by 15% to 20% since their peak in 2022, driven by factors such as weak venture-capital financing and soaring interest rates. As we navigate this evolving landscape, it’s crucial for us as real estate professionals to adapt our strategies. Understanding the nuances of these properties and their potential for repurposing can open new avenues for investment and utilization. Moreover, while the life sciences sector adjusts, the broader office market still presents challenges with vast amounts of available space needing innovative solutions. Let’s stay informed, flexible, and prepared to guide our clients through these transformations. #CommercialRealEstate #LifeSciences #RealEstateTrends #OfficeSpace #MarketShift #REInnovations

💡 Making places is complex. They must evolve to meet new demands, which makes designing, managing, and sustaining them even more challenging.   ❓ How can real estate assets and their value adapt to the evolving needs of communities, where people are actively shaping spaces to reflect where they want to live, work, and play? What role can digital technology play in connecting people and 'greening' our cities? And how can we foster vibrant, inclusive communities within the context of smart, interconnected cities? 👉 More here: https://lnkd.in/eYFcG7cw 🏢 Placemaking: creating value with smart spaces (authors: Dr David Higgins @PeterWood, Chris Berry) 🌳 Placemaking, nature and the promise of digital transformation (author: Mike Grace) 🌆 The city as a system of places: smart placemaking for future living (author: Dr Vahid Javidroozi) #PropertyPlanningPolicies #urbanplanning #smartplacemaking #digital #smartspaces #futureliving #digitaltransformations #rics #rtpi #birmingham #birminghamcityuniversity #internetofthings #design #management #sustainability 👉 more on our research team at Birmingham City University CEBE: https://lnkd.in/eSYcp4aq Claudia Carter Miguel Hincapié Emma Love Heidi Seetzen Débora Picorelli Zukeran Kathryn Moore Alex Albans Simeon Shtebunaev Huafeng Lu Bori Oluwole-Ojo Zeinab Hashem

I believe this framework, when fully implemented, has the potential to revolutionize placemaking. #smartcities #placemaking #digitaltransformation #sustainability #digitaltechnology #liveablecities #systemsthinking #systemofsystems

Compassionate and Enriching places at UKREiiF Last week I joined the Connected Places Catapult pavilion for a session on “Investing in Future Urban Spaces” with Gavin Summerson and Mark Robinson. Our panel explored the value of more healthy, connective, socially-oriented, inclusive places - and how can we innovate and move towards new types of urban models that can better enable this.   𝐖𝐡𝐚𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐝𝐨𝐧𝐞 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭𝐥𝐲? I talked about moving towards “Compassionate and Enriching Places” - meaning; 💚 Compassionate - Places that respond deeply to people’s needs and the broad, multifaceted nature of this. This means shifting the way places are being made, to be based on people’s experience Ie. How they will be affected by their surroundings, and in different ways. ⚖ Enriching – Places that support people’s health and quality of life, creating value and growth for communities and cities. And places that are attractive, healthy, connective, inclusive - generally appealing for people - are likely to be good for business and ROI too. 𝐖𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐜𝐡𝐚𝐧𝐠𝐞 𝐥𝐨𝐨𝐤 𝐥𝐢𝐤𝐞? 𝐇𝐨𝐰 𝐝𝐨 𝐰𝐞 𝐠𝐞𝐭 𝐭𝐡𝐞𝐫𝐞? 🔬 My talk shared the work I’ve been doing applying the new Place Quality model as a demonstrator of how new approaches can be implemented in practice. 👨👧👦 And the need to move towards more holistic ways of seeing value. Particularly by prioritising the many human benefits that can be created intentional, life-oriented design and placeshaping. 🌟 But the big question now is how do we move towards this type of change more widely and at scale..?   ---------------------------------------------------------------    ✍ Full blog post on the session on the way.. including discussions on innovation through #digital technologies and also #NeuroArchitecture. 📰 To get the latest insights on rethinking places for human and social wellbeing, sign up to the MATTER SPACE SOUL newsletter here: https://lnkd.in/gHyrGW-8   #CompassionatePlaces #DesignforWellbeing #Healthycities #ESG #SocialValue #Communities #PlaceBased #Innovation #DesignforChange #SocialDesign

We are thrilled to announce a monumental step forward in our company’s journey as we break ground on the final stages of expansion of our manufacturing campus on Chicago’s West Side, a historically underinvested neighborhood. This project marks the beginning of the Security Innovation Hub—a legacy project that not only expands our operations but also strengthens the local community by adding high-paying manufacturing jobs right here in America. As we embrace the future of work with cutting-edge automation, robotics, and AI, we're focused on enhancing the well-being of our incredible team. This expansion isn’t just about growth; it's about investing in people, revitalizing our neighborhood, and setting a new standard for sustainable manufacturing. In addition to this exciting development, we're proud to unveil our new, fully electric vehicle fleet for our project managers across the city and suburbs. Our clean and green initiatives continue, having been one of the first companies in Chicago to go completely solar. The Security Innovation Hub is the crown jewel of this expansion. As the first of its kind in the world, it will be a dynamic center for technology, education, and collaboration, featuring a coworking space, incubator for future tech, and immersive innovation lounge. Together, we will lead the charge in solving the greatest challenges in safety and security, with American-made technology at the forefront. This groundbreaking marks the next chapter in our 25-year legacy of protecting Illinois roadways, airports, and building stronger, safer communities. We are immensely grateful to our dedicated team, partners, the City of Chicago, and the State of Illinois for helping us continue to make our city second to none. The future of innovation lives here! Perimeter Security Solutions IFI Chicago Security Innovation Hub Security Industry Association (SIA) ASIS International ASIS Chicago Chapter Illinois Security Professionals Association City of Chicago World Business Chicago JB Pritzker Brandon Johnson Block Club Chicago Illinois Road & Transportation Builders Association (IRTBA) Hispanic American Construction Industry Association (HACIA) OPEN-CHICAGO Chicagoland Chamber of Commerce ZeroNow #BuildingTheFuture #InnovationHub #ChicagoProud #AmericanMade #CleanAndGreen #LegacyProject #AmericanManufacturing

First Forty Feet Looks Ahead to a "Better City" in 2025 As 2024 comes to an end, First Forty Feet reflects on a year filled with growth and rewarding collaborations. Each project undertaken this year has reaffirmed the firm’s commitment to creating spaces that connect, inspire, and serve communities. From shaping safer streets through temporary demonstration installations to designing new inclusive plazas throughout the Pacific Northwest, First Forty Feet has embraced opportunities to design for human-scale interaction, local identity, and lasting impact. The firm’s work this year has demonstrated the importance of flexibility, creativity, and collaboration in achieving the goal of better cities for all. Looking ahead to 2025, First Forty Feet is excited to continue partnering with communities to deliver thoughtful, people-centered design solutions. The team remains focused on its vision: to create cities that better reflect and serve the people who live in them. The firm extends its gratitude to its partners, clients, and collaborators for their trust and support throughout the year. As we look forward to 2025, First Forty Feet invites new opportunities to dream big and build bold, meaningful urban spaces. Here’s to the year ahead—a time for innovation, connection, and progress. #UrbanDesign #BetterCities #Placemaking #Community