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Some tidbits:
The clear-glass-walled research facility, called Catalyst, is located at 77 Wade Ave., near Lansdowne Avenue and Bloor Street West in Toronto’s lower Junction area. It aims to be a showcase of wet-lab research, with 14-foot-high ceilings, stiffened structure and foundation cushioned in rubber to eliminate vibration, and ventilation designed to world-class standards, Mr. Solomon says. The development is scheduled to be ready for tenants to move in by the first quarter of 2025.

Why we aren't seeing more wet labs built: long lead times and nobody wants to build on spec.
“Everyone is looking for that lead anchor tenant who will sign a lease for 50 per cent or more of the space two years before a project is ready for tenant fit-out,” Mr. Lacey says. “That’s not how R&D tenants work; their funding requires them to get into a space in 18 months or less, otherwise they have to look for an alternative that’s quicker.”
The Catalyst building is getting a lot of interest from full-floor tenants, as well as from early-stage teams for what Seeker Labs calls micro suites, ranging from 1,500 to 2,000 square feet, Mr. Solomon says.
 

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