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Pair of High-Profile Boston Developments Secure More Than $1 Billion in Construction Financing

Life Science-Led Allston LabWorks and Assembly Innovation Park Land Financial Backing
The  developers behind Allston LabWorks, a mixed-use project consisting of 580,905 square feet of life sciences, retail and multifamily space next to Harvard University's 350-acre campus in Allston, secured $585 million in construction financing. (JLL)
The developers behind Allston LabWorks, a mixed-use project consisting of 580,905 square feet of life sciences, retail and multifamily space next to Harvard University's 350-acre campus in Allston, secured $585 million in construction financing. (JLL)
By CoStar News Staff
August 2, 2022 | 7:26 P.M.

In the latest signal that the life science boom in Boston shows no signs of slowing down, a pair of high-profile life science development projects obtained construction financing from different lenders totaling more than $1 billion in backing.

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