Tag Archives: 740 Heinz
By Lisa Tsering
A biotech company that did the largest IPO in Berkeley history has leased an entire West Berkeley warehouse and will move its labs and offices there by 2016, helping to bolster the city’s reputation as a world-class life sciences hub.
Aduro Biotech Inc., led by UC Berkeley biochemist Stephen T. Isaacs, specializes in creating drugs designed to strengthen the immune system to fight off cancer. They work on some of the toughest-to-fight tumors, such as pancreatic cancer and mesothelioma.
The company went public in April, raising $119 million in Berkeley’s largest-ever initial public offering. It currently employs around 80 people in a smaller space on Bancroft Way. … Continue reading »
On Tuesday night, a Berkeley City Council majority upheld a 2012 zoning panel decision to allow the construction of a new 100,000-square-foot lab building in west Berkeley.
Thirty neighbors had signed a petition to appeal the Zoning Adjustments Board’s decision in September, taking issue with the project’s environmental review, parking plans and changes in design since an earlier approval in 2009. The petitioners asked for an additional public hearing to ensure that the community knew about the changes and had time to comment on them. … Continue reading »
Four years after Wareham Development proposed transforming a historic West Berkeley warehouse into a laboratory building, the company is seeking to tear down the entire structure instead of preserving two brick walls.
Construction costs have gone up and rents have declined since the city approved Wareham’s 2009 design for 740 Heinz and it is now too expensive to build around the rickety walls, according to Chris Barlow, a partner in Wareham, which is headquartered in San Rafael. It will be much easier – and cheaper – to build a new 100,000 square foot structure, Barlow told the Zoning Adjustments Board in late September. … Continue reading »