Medical research nonprofit Gladstone Institutes has proposed a $160 million expansion of its Mission Bay research headquarters in San Francisco.
The 44-year-old biomedical research institution has filed plans for a 75,000-square-foot expansion to its headquarters at 650 Owens Street, the San Francisco Business Times reported.
It hopes to break ground in late 2024 and complete the addition in 2026.
Gladstone Institutes, once based in scattered labs at San Francisco General Hospital, was a pioneer when it moved to Mission Bay 18 years ago to bring researchers together to collaborate in solving medical problems.
The current building of 195,500 square feet holds 30 labs and 600 researchers, according to the institutes.
With the expansion, Gladstone aims to add between 12 to 15 labs run by newly hired scientists and staffed by 200 new employees, Gladstone President Dr. Deepak Srivastava told the Business Times.
The addition, designed by Mountain View-based DGA, appears in renderings to be six stories mated to the back side of a taller building.
Gladstone COO Bob Obana said the expansion would have a Moore’s Law-like effect of amplified production.
But instead of that principle of computational progress, the new construction should be called “Gladstone’s law,” where every square foot of research space has an exponential impact on what the research does for humankind, he said.
Gladstone, a $114 million agency anchored by institutes targeting cardiovascular disease, neurological issues such as Alzheimer’s Disease, and virology such as HIV and Covid-19, has added institutes in data science/biotechnology and genomic immunology.
Since 2017, its research has led to 14 spinout companies employing 150 people, according to the Business Times.
— Dana Bartholomew