Spark LS, a $1B Life Science Campus, Breaks Ground in Research Triangle Park
September 28, 2022
Trinity Capital Advisors, in partnership with Starwood Capital Group, broke ground on Wednesday, Sept. 28 at Spark LS – the 109-acre advanced life science campus in Morrisville, NC, located in the heart of the Research Triangle.
“Trinity Capital Advisors has been operating here for many, many years and we’ve always believed North Carolina has the fundamentals to support a project of this scale given the access to talent, academia, research and capital,” said Jeff Sheehan, Managing Partner at Trinity Capital Advisors. “The continued demand for exactly this type of quality space will draw leading life science and biomanufacturing companies to the area and we are excited to usher in the next stage of the market’s evolution.”
Spark LS, the largest mixed-use life sciences and research development project in the region, will feature approximately 1.5 million square feet of cutting-edge lab and bio-manufacturing space. Upon completion, Spark LS will include 15 buildings, various connected green spaces, restaurants, health-conscious retail, a STEM education and amenity center, and several multi-use outdoor recreation areas, near several attractive housing options as a part of a newly developed live, work, play community.
“We thank Trinity for working on both the design and layout of Spark LS to achieve the vision and goals of Town Council for this area,” said Mayor TJ Cawley. “We look forward to seeing the project come out of the ground and the future phases to come; and we welcome the future tenants of Spark!”
General contracting, planning and design teams include Brasfield Gorrie, Kimley Horn, Hanbury and SGA. Leasing efforts are being led by Douglas Cook and Suzanna Nichols of Cushman & Wakefield.