Pasadena, California-based Alexandria Real Estate Equities, Inc. is planning a six-story, 169,812 sq. ft. lab and office building in Port Covington. The project is a collaboration between Alexandria and The Port Covington Development Team.
This building is proposed for lot E8 on the Chapter 1B Master Plan of the Port Covington project. This lot fronts a newly-aligned Cromwell St. and is adjacent to the northeast of the Rye Street Market complex. Rye Street Market is three connected buildings that make up 275,000 sq. ft. with 185,000 sq. ft. of office space, a 13,000 sq. ft. open-air market and food hall, 50,000 sq. ft. of pedestrian-oriented retail, a 12,000 sq. ft. meeting facility, and a 15,000 sq. ft. rooftop event space.