Life Science Building Boom Gives Way to a More Selective Market

The life science construction market that surged during the COVID-19 pandemic is now cooling, with speculative lab development slowing significantly. Contractors are increasingly focusing on biomanufacturing and specialized facilities where there's demonstrable demand.

Five years after the COVID-19 pandemic prompted a life-science boom, contractors say demand is shifting toward biomanufacturing and specialized facilities as speculative lab development cools.

This story was originally published by Engineering News-Record.