SOURCE: Industrial Info Resources

Industrial Info Resources

January 03, 2011 05:20 ET

Life Science Construction Kicks Off 2011 Roaring Like a Lion, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 3, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The life science industry is slated to kick off a multitude of construction projects in the first quarter of 2011. According to Industrial Info's Pharmaceutical Tracker - Online Database, the North American life science sector witnessed a robust fourth quarter of 2010, with $3 billion in construction and maintenance projects. The first quarter of 2011 looks even rosier for pharmaceutical, biotech, institutional and government life science construction and maintenance starts with 161 projects and approximately $4 billion budgeted, including Alexandria Real Estate Equities' (NYSE:ARE) (Pasadena, California) Phase I construction of its Life Science Campus in Cambridge, Massachusetts.

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