NewHavenBIZ

n e w h a v e n b i z . c o m | J u l y 2 0 2 2 | n e w h a v e n B I Z 17 Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … www.borghesibuilding.com Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. Contact us at 860-482-7613 or visit us on the web. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … www.borghesibuilding.com Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. Contact us at 860-482-7613 or visit us on the web. Stevens Manufacturing, Milford, CT Building Ideas That Work … www.borghesibuilding.com © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing™ is a division of BlueScope Buildings North America, Inc. 2155 East Main Street • Torrington, Connecticut 06790 Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. Contact us at 860-482-7613 or visit us on the web. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … www.borghesibuilding.com © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing™ is a division of BlueScope Buildings North America, Inc. 2155 East Main Street • Torrington, Connecticut 06790 Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. Contact us at 860-482-7613 or visit us on the web. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Hartford, CT Since 1942, our goal simple: To provide complete design, planning construction services industrial and retail on years of experience, competitive and offer When the strictest is critical to your success, always count on Borghesi From concept to occupancy, is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … form and use the property. Chauncey also saw that the Newhall- ville neighborhood needed jobs and opportunity, and he figured the former factory complex could be better used as a site for training, business incubation and startup space. Science Park was born as a nonprof- it development corporation in 1981, with seed funding and support from Olin, Yale and the city of New Haven. Millions in state and federal grants were later tapped to level abandoned build- ings and clean up the site. One of Chauncey's first Science Park startups was Alexion, a Yale spinout that grew into a pharma superstar and was acquired by AstraZeneca last year for $39 billion. e campus has since launched Arvinas, Valisure and other companies that have gone on to grow and prosper. In recent years, Science Park has also drawn interest from office and resi- dential developers, eyeing the historic factory buildings for rehab and occu- pancy. In 2015, Ohio-based Forest City Residential Group debuted the 158-unit Winchester Los at the heart of the complex, rehabbing a main section of the old Winchester factory. e los remain fully leased, Twining said, although Forest City pulled out of Science Park in 2018, aer the company was sold to Brookfield. Higher One, a once high-flying New Haven tech company, spent $46 million to renovate another section of the Win- chester factory building, moving into a 140,000-square-foot space in 2012. Soon aer, however, the company was hit with allegations of illegal business practices and eventually shut down. e last team of banking officials un- winding Higher One le Science Park only a few months ago. Bioscience and tech companies remain a presence at Science Park, with quantum computing and drug companies occupying lab space across the property. Halda erapeutics and Artizan Biosciences are growing their footprints inside the former Higher One offices, now called "Winchester Works." Quantum-Si, a biotech company focused on a protein-sequencing platform, announced earlier this year it would relocate its headquarters to 65,000 square feet inside Winchester Works, but has since decided to sub- lease the space, Twining said. When asked about its real estate plans, a Quantum-Si spokesperson said, "e company has no announce- ments to share with regards to its facility plans." In tandem with L+M Development Partners and Goldman Sachs Urban In- vestment Group, Twining is also build- ing and leasing three, 5,000-square-foot lab and office suites at Winchester Works to be available for occupancy later this year. "Winchester Works has become a leading hub for the life science commu- nity and these new cutting-edge spaces are ideal for biotech firms looking for move-in ready space within New Ha- ven," said Jake Pine, senior director at New York-based L+M. e market for laboratory space can be unpredictable, Twining said, drawing on his own decades of experience developing in Boston's Kendall Square and Seaport clusters and watching New York City's bioscience cluster evolve. It can be quiet for years, and then all of a sudden a growing company wants millions of square feet, ready for immediate occupancy. at's why Twining said he is ready to pivot as the market dictates. "It's tough real estate, biotech — it's sexy to everybody, but it's very lumpy, and that's nothing new," Twining said. "I mean, that's just the way it is. So that's why our bigger plan is that you really want to create an ecosystem." Building Science Park as a mixed- use neighborhood will also help grow New Haven's economy in the long run, he added. "I can tell you from having been out there presenting to office and lab tenants, they get a lot more excited when they hear there's going to be more people living here and more retail," he said. As the district evolves, Chauncey sees his original vision for Science Park slowly coming to life. "I am a bit of a dreamer, and I had a dream that we could really do something there," Chauncey said. On a recent visit, he was enthusiastic about the improved housing stock in the surrounding neighborhoods as well as new construction along Winchester Avenue and Munson Street. "I couldn't believe how beautiful the neighborhood is becoming," he said. n An image of one of the new streets planned for Science Park, intended to connect the property with surrounding neighborhoods and revitalize the streetscape.

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