Conscience Bay Co. to Develop State-of-the-Art Life Sciences & Tech Building in Boulder
Boulder-based real estate investment, management and development firm Conscience Bay Company (CBC) has announced the selection of several key project team members for the development of a new two-story, state-of-the-art life sciences and technology building on Walnut Street in Boulder that will replace an inefficient warehouse building. Commercial real estate developer Prime West, under the leadership of its CEO Jim Neenan, will provide development services, and global design firm Stantec, will serve as both the lead architect, interior designer, landscape architect and sustainability consultant on the project. Swinerton construction company will serve as general contractor.
It’s no secret Colorado’s life sciences industry is booming and with virtually no vacant laboratory or research and development space in the market – demand is high. According to first-quarter data compiled by CBRE there are currently 33 active life science tenants in need of 1.3 million square feet.
“Ridgeway Science & Tech has the potential to serve as a powerful example of responsible, forward-thinking development that serves both stakeholders and the community,” said Daniel Aizenman, director of development and design for CBC. “Our vision is an open, flexible and amenity-rich building that will attract and embody scientific discovery, collaboration, and environmental sustainability and wellness, unlike any building in the metro area. Additionally, this development will further support the use envisioned in the Boulder County Comprehensive Plan.”
Located on a 5.17-acre plot owned by CBC at 3825 Walnut St., the concept plan for Ridgeway Science & Tech draws its design from the foothills ridges of Colorado and represents the most progressive standards for sustainability and wellbeing, aiming for net-zero carbon capable, LEED and WELL certification. The new site design will massively increase site permeability, resulting in new water quality functionality for the surrounding community.
Nestled within the heart of Boulder and in walking distance to RTD’s Boulder Junction Depot Square Station, the location provides easy access to public transit, bike trails, open spaces and views to the mountains, along with exceptional visibility.
The grounds will feature a solar canopy over a permeable, tree-lined parking lot designed to flex and host events. A rain and pollinator garden will offer opportunities for interaction with nature throughout the day and present a park-like appearance from the street.
“Ridgeway Science & Tech is designed to be responsive to the specific needs of Boulder’s growing life sciences and biotechnology industries,” said Shannon Jones, senior associate at Stantec’s Boulder office. “As a global leader in sustainable design strategies, we have the advantage of an expert local design team, along with the resources of Stantec’s extensive network of systems specialists. The result is an adaptable campus that meets the highest standards for systems and technology, as well as performance and wellbeing – all within a compelling contextual design that epitomizes Boulder’s values and engages its community.”
Additional partners selected for the project include IMEG Corp, which is providing mechanical, electrical and plumbing (MEP) scopes, structural engineer Martin/Martin, and civil engineer JVA. Shen Milson & Wilke will provide acoustics, audiovisual and technology design. Trestle Strategy Group will serve as the project’s entitlements consultant.
CBC will submit Site Review level plans to the City of Boulder in Q3 2022. Construction is expected to begin in Q3 2024 and the project is expected to be delivered in Q2 2026.