There are over 3 million square feet of existing Biotechnology and Medical Technology facilities in the Seattle area.
Over 1 million square feet of space is planned for development in the Seattle region for the Biotechnology and Medical Technology industry.
Vulcan Inc. and Alexandria Real Estate Equities have invested tens of millions of dollars into the South Lake Union community of Seattle to nurture it as a hub for Biotech activity.
The City of Seattle has approved special zoning and building codes to accommodate the needs of development for Biotech facilities.