In essence, what problem are we trying to solve?
Larger businesses looking to design and construct their own labs..Smaller businesses trying to identify the best premises to buy or lease..
Developers who want to construct labs that are a good fit for their target market..Developers who want to attract a specific tenant..The need for fast and scalable lab solutions is clear.
In the US alone (about 1/3 of the global market), over 40 million square feet of lab and R&D space is currently under construction, with the global life sciences market forecast to grow on average 13% per year between now and 2030.. Fast Lab is now in development, and we are interested in working with innovative, forward-thinking life science businesses and developers to meet this growing demand…The life sciences are undergoing a rapid transformation fuelled by a convergence in maturing technologies, scientific breakthroughs, demographics, and geopolitical trends – much of which accelerated during the pandemic.Globally, the sector is forecast to more than double by 2030, while in the UK investment has already increased 12x over the last decade.
Laboratories play a key part in this transformation, supporting all stages of the life science value-chain: including R&D, quality control, diagnostic services, and teaching.
As a result, demand for labs is growing rapidly.A similar configurator, called.
, has been created by Bryden Wood and Cast with the Mayor of London for housing and we see examples from outside the industry such as the Ikea 3D Kitchen Planner..These digital tools vastly increase both the speed with which designers progress from data to the digital model and the number of options and permutations that can be considered when it comes to reconciling specific requirements and performance criteria.
A school, for example, can be configured in just 15 minutes.. Key insight.We will need more.