Boston’s in a lab-building boom. What will that mean for the city and its neighborhoods?
Developers — and sometimes owners of existing buildings — are turning away from traditional office towers toward life-sciences spaces, hoping to capture an industry that’s growing quickly even as stalwart insurance companies and law firms retreat from big offices.
It’s a trend that reflects the resilience of Boston’s economy: Few cities are so well-positioned to capitalize on a wave of investments in drug-making and research, one that’s spilling beyond the industry’s longtime home in Cambridge’s Kendall Square to the Seaport, the Fenway, Watertown, and Somerville.
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