Offices To Convert Into Life Sciences Campus At 123 South Figueroa Street, Downtown Los Angeles
Los Angeles’ regional bioscience industry might get a boost as n office complex will soon be converted into a life sciences campus at 123 Figueroa Street in Downtown, Los Angeles. The project proposal includes the redevelopment of an office complex built in the 1980s into a campus dedicated to life sciences and research. BEP Helix, a company run by local biotech investor Ben Pouladian, is reportedly purchasing the leasehold interest in Park Downtown Los Angeles (Park DTLA). The land itself is owned by CRA/LA, and leased to Bunker Hill Park Ltd. under a deal which is scheduled to expire in 2077.