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Start-ups

Prysm, a life sciences center, is planned for Chicago

by Michael McCoy
May 25, 2019 | APPEARED IN VOLUME 97, ISSUE 21

 

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Credit: Business Wire
Sterling Bay says the renovated building will have shared wet labs, lab pods, and private suites.

The real estate firm Sterling Bay plans to create Prysm Life Sciences, a multitenant medical research facility in Chicago’s Lincoln Park neighborhood with more than 11,000 m2 of lab and office space. “While Chicago already has a great reputation in health care and innovation, there is still a critical shortage of actual lab space here,” Sterling Bay CEO Andrew Gloor says. The firm says renovation of the building, formerly part of Lurie Children’s Hospital, has begun.

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