HATCHlabs Named a 2023 NAIOP SoCal Awards Finalist for Interior Project of the Year

DENVER, May 10, 2023 (Newswire.com) - HATCHlabs @ Irvine Spectrum, a joint development project between HATCHspaces^Ⓡ, NexCore Science and Technology, BAM Creative, and HITT Contractors, was selected as a finalist for the 2023 NAIOP SoCal Awards under the "Interior Project of the Year" category. This annual award recognizes leaders in Southern California's Commercial Real Estate Development industry and celebrates the previous year's most innovative and transformative commercial real estate projects.

Completed in September 2022, HATCHlabs @ Irvine Spectrum was the first post-incubation life science facility in Orange County. The purpose-built facility resulted from a collaborative partnership between NexCore Science and Technology and HATCHspaces, who partnered with BAM Creative and general contractor HITT to overhaul over 39,000 square feet of space. The result of the project was a state-of-the-art, collaborative, purpose-built space developed to accommodate the specialized technical needs of early-phase life science companies. 

"It took immense strategic collaboration and a strong, innovative vision to bring a project like this to life," said Allan Glass, Founder of HATCHspaces. "It's historically been quite difficult for emerging life science companies to find high-quality laboratory spaces that enable them to blend creativity with technical functionality. By combining collaborative spaces and state-of-the-art facilities, the HATCHlabs concept gives these companies exactly what they need to advance their innovations." 

The two-story project created eight turnkey lab suites available for immediate use and expansive state-of-the-art lab-enabled shell space on the first floor. The developers and contractors installed several highly-specialized infrastructure upgrades, including heavy power upgrades; multi-tenant distributed power, water, and sewer access; high-capacity air handling systems; shared lab amenities; back-up power; and fully-fit lab casework. The development also included outdoor community spaces, conference rooms, shower rooms, mother's rooms, and shared breakrooms.

"We are thrilled that HATCHlabs has been recognized as a finalist for the NAIOP Southern California Chapter's 2023 Awards," shared Allan. "Working with NexCore, BAM Creative, and HITT was a phenomenal experience, and we could not have delivered such a dynamic facility without them. This recognition is a testament to the hard work and dedication of everyone who worked together to bring HATCHlabs @ Irvine Spectrum to life." 

The winner of this highly-competitive award will be announced at The NAIOP Southern California Chapter's 2023 Awards ceremony, which will take place on May 11, 2023, at Vibiana — Downtown Los Angeles.

HITT Contractors is one of the nation's largest general contractors, offering lifecycle construction services from small projects to high rises and headquarters campuses. Founded in 1937, HITT has over 85 years of experience delivering an incredible building experience that turns complex visions into a reality. With 14 offices nationwide, HITT delivers more than 300 million development SF each year.

BAM Creative is a full-service, multidisciplinary design agency providing first-to-market design solutions on technically complex projects for leading organizations. The agency's complete service offerings include architecture, branding+digital, interior design, and strategic action.

HATCHspaces^Ⓡ is a real estate development firm specializing in purpose-built facilities for scientifically based companies eager to feed, fuel, and heal our fellow humans. With a rapidly expanding portfolio of facilities across the country's top 20 life science clusters, HATCHspaces focuses on developing physical assets for innovation hubs and science-related start-ups near anchor institutions. By delivering a multi-tenant habitat, HATCHspaces hopes to foster matchmaking opportunities between researchers, academic institutions, venture capital firms, inventors, and entrepreneurs.

NexCore Group LLC is a national healthcare real estate investment and development company that focuses on acquiring, developing, owning, and managing purpose-built facilities for healthcare, science and technology, and seniors housing. NexCore Science and Technology is a division of NexCore Group LLC. Since its founding in 2004, NexCore has successfully completed over $5.7 billion in real estate transactions throughout 29 states, developed and acquired over 16 million square feet of healthcare, science, and senior living communities, and currently manages over $3.3 billion in assets spanning 7.6 million square feet. NexCore is headquartered in Denver, with regional offices in Bethesda, Charlotte, Dallas, Detroit, Houston, Indianapolis, Los Angeles, Orlando, Phoenix, and Seattle.

Source: NexCore Group