Agilent Technologies Inc. is in growth mode, investing $725 million for the expansion of its life science facility in Frederick, Colo. The project, whose price tag includes both the new development and equipment, will allow Agilent to double its manufacturing capacity at the suburban Denver property.
The inventory of life science real estate in the U.S. continues to swell with new developments and any number of expansions. Agilent is among the latest to add square footage to accommodate the booming industry.
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“The expansion will provide an additional 198,000 square feet of space at the Frederick site,” a spokesperson with Agilent Technologies Inc., told Commercial Property Executive. News of plans for an addition at the Frederick campus at Eagle Business Park comes on the heels of Agilent’s site selection process, which involved a national search that commenced in the first quarter of 2022. The project will entail the addition of two new manufacturing lines that will allow the company to help meet the growing demand for therapeutic nucleic acids.
The construction undertaking will yield a manufacturing and office facility in the form of two buildings linked by a breezeway, as well as outdoor ancillary structures and additional parking accommodations. Agilent brought engineering and construction firm Fluor Corp. aboard to serve as consulting architect/engineer for the facility, which will incorporate state-of-the-art automation and engineering features, including recycling and water reduction and solvent capturing. Turner Construction is serving as the general contractor for the expansion endeavor.
It was in 2006 when Agilent first established a presence in Colorado with the opening of a manufacturing facility in the Boulder area. Ten years later, in 2016, the company settled on Frederick for the location of a new production center following a national site selection search. That project reached completion in 2019, with Agilent having invested $185 million to bring the 135,000-square-foot campus to fruition. In 2020, Agilent revealed that it would enhance the size of the Frederick facility with a 25,000-square-foot addition, marking a $150 million investment.
Agilent moves forward with its latest Frederick expansion with widespread support in the form of incentives from local agencies, the state of Colorado and Weld County. In December 2022, the Board of County Commissioners of Weld County agreed by unanimous vote to provide Agilent with approximately $6.2 million in tax incentives over a 10-year period.
Agilent will reportedly break ground on the Frederick expansion later in January of this year. If all goes as planned, the project will reach completion in 2026.