100 College St: Alexion Office

[The Voice of Reason]

CT is giving Alexion $51M to move its offices from cheshire bringing 350 jobs to New Haven, and adding between 200 and 300 more.

http://www.hartfordbusiness.com/apps/pbcs.dll/article?AID=/20120619/NEWS01/120619802/-1/NEWS

Alexion will become the anchor tenant for 100 College ST as part of the Downtown crossing project in the middle of Rt 32 in New Haven.

This guarantees construction of this new 400,000 SF Office building that has allready recieved monies from various locations.

This was part of the First five program, and I think a GREAT pickup for New haven.

[The Voice of Reason]

http://www.hartfordb.../120619802/1002

http://courantblogs.com/ct-real-estate/new-havens-downtown-crossing-gets-major-tenant/

New Haven is crusing it right now!!!

11 Storys, and with this lease will be 75% full

Not sure where the parking garage fits the plan, but this development is another great move in New haven!

If they continue like this, I think they will become the bioscience hub for New York much like Cambridge is for Boston.

[HartfordTycoon]

Yeah, I don't know how I missed this. New Haven is definitely on a roll right now. A while back it was Stamford and now it seems like it's New Haven's turn. This company seems like a real get for New Haven as well. Great to see them growing that corporate base and great to see CT's pharma sector growing. Great use of air rights over that highway as well. I would love to see something similar one day going over 84 in downtown Hartford.

[The Voice of Reason]

Alexion has oficially broken ground now.

[The Voice of Reason]

Alexion is asking for 2 more floors to be added to their office.  this will bring the total size to 500K SF and 12 stories.

 

Also, lots of buyout rumors for this company.   this could be bad news for NH long term, so it will be interesting to see what happens.