Investor Spotlight: Longfellow Real Estate Partners – Durham ID
By Durham Chamber of Commerce / Published 03.15.16Back to Feed
Longfellow Real Estate Partners serves the unique demands of science and technology companies and focuses on the most innovative cluster locations in the US, including Durham. The firm acquires and develops facilities in strategic locations and builds long-term relationships with research-centric organizations including life science companies, universities, medical centers and research institutes.
Longfellow has developed more than 3.5 million square feet of laboratory and high tech space including numerous high profile projects on the East Coast. The Company’s institutional capabilities and entrepreneurial vision enables Longfellow to deliver high quality laboratories and innovation space while satisfying each tenant’s unique requirements.
One of Longfellow’s projects in the area is The Durham Innovation District (aka Durham.ID). It is a rare and remarkable development: a thoroughly modern tech and life sciences hub closely connected to a major research university and nestled in a bustling downtown. Already partially up and running, the live-work-play mecca eventually will offer 1.7 million sq ft of Class A office and lab space as well as immersion in the urban amenities 21st century knowledge workers crave. Hundreds of apartments and ample retail will welcome creative professionals as tree-lined lanes connect Durham’s thriving urban neighborhoods.
Already, Durham.ID is winning major accolades. Last year, it earned a prestigious J.W. Willie York Award from the Triangle chapter of ULI (Urban Land Institute) in the hotly contested “Idea” category. It was also a surprise entry in the statewide finals of the Institute for Emerging Issues’ Spaces for Innovation contest.
In April, Gov. Pat McCrory said of Durham.ID, “I consider this to be the capital of the ‘National Innovation Triangle.’ Not just the Research Triangle, but the ‘National Innovation Triangle.’ The points of that triangle are in Silicon Valley, the Boston area, and the third part of that vertex is — we want — North Carolina. To make that happen, we need to have this type of collaboration between the public and private sector. It’s perfect.”
Durham.ID’s first offering is the historic and utterly transformed Carmichael Building. Where piles of the ‘golden leaf’ once aged, state-of-the-art wet labs now host groundbreaking researchers. In all, the ultra-sleek Carmichael features 115,000 square feet of research, technology and lab space in a unique downtown setting, and is already home to Duke’s:
- Center for Human Genetics
- Center for Diabetes
- Molecular Physiology Institute
Nearby, the Duke Innovation and Entrepreneurship initiative now welcomes business leaders and trailblazers to its sleek new headquarters in Durham.ID’s refurbished Imperial Building.
If you would like more information regarding Longfellow’s Durham ID, please email email@example.com.