The building is to become the office and research site for existing tenants in the RE building, for tenants already located at Pivot Park who are in need of an extension and for new tenants from outside the park. In addition, the Grizzly will be the next step up for start-ups that are expanding from the incubator (the Racoon building).
The incubator will serve as the ‘breeding ground’ for (bio)pharmaceutical start-ups at Pivot Park, where the brightest of researchers have support in the field of result-driven drug discovery and development, and where entrepreneurship and can grow into a start-up that is capable of standing on its own two feet. The incubator promotes a lively and inspiring working environment for employees of all levels.
The Panther will be a single-tenant building. The tenant is a company from the pharmaceutical sector.
Construction on Grizzly has started Q1 2021. The construction of the Panther building will start from Q3 2021. With regards to Racoon we are planning to strip the entire existing building to its concrete shell. We aim to start the construction in Q3 2022.
The Grizzly is a multi-tenant building spanning approximately 11,000 m² Gross Floor Area (GFA) of which 8,100 m² is Gross Leasable Area (GLA). Besides general space (like reception, conference rooms, washrooms) approximately 30% of the space in the Grizzly will usually be allocated to offices and 70% to Biology and or Chemistry Laboratories. including ML1 and ML2 Labs. Space can also be allocated for cleanroom facilities, on demand. The building has eight floors. Leasable units vary from 50 – 250 – 500 – 1.000 m² GLA.
What kind of public space we will create depends on the needs of our future tenants. In one on one meetings with new tenants we will try to figure out what their wishes are. Tenants enjoy a great deal of flexibility with regard to layout. Although there is direct access between the laboratories and office spaces, they can be closed off and leased separately. Alternately, the spaces may also be connected, allowing for a larger area (1,000 m², for example) to be leased out to a single tenant. The space on the 1st and 2nd floor can be configured for leasing-out to smaller entities (such as start-ups that will be able to scale up and continue their growth from the incubator).
Wiebe Daalderop, Real estate development manager
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