The Institute for Systems Biology (ISB), an internationally renowned, non-profit research institute dedicated to the study and application of systems biology, has announced its plans to move its global headquarters to the South Lake Union neighborhood.
ISB has signed a lease for approximately 140,000 square feet of office and laboratory space in Vulcan Real Estate’s 401 Terry Avenue N. Building (former headquarters of Merck/Rosetta Inpharmatics), which will initially be home to more than 330 ISB employees starting in spring 2011. This move will eventually allow ISB to increase its square footage dedicated specifically to research by approximately 120 percent relative to its current space, with an immediate 60 percent increase upon occupancy.
In the press release, Lee Hood, MD, PhD, president and Cofounder of ISB said:
“The Terry Avenue N building more than doubles our current space, permits us to consolidate employees under one roof, and provides easy access to some of the most effective research institutions in Washington State. It will also enable us to acquire new faculty with critical skills in systems science (biology, medicine, technology and computation/mathematics), as well as provide the space for future growth and the creation of new strategic partnerships.”
ISB joins an impressive list of other world-class life sciences organizations located in South Lake Union, including Seattle BioMed, UW Medicine, PATH, Fred Hutchinson Cancer Research Center, VLST, Seattle Children’s Hospital, Novo Nordisk and SightLife, among others.
For the full press release, visit http://www.discoverslu.com/.
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