Boston Ranks Number 1 in Savills’ 2021 Science Cities Record

Boston has been rated number 1 in Savills’ 2021 Scientific research Cities record, bordering out various other scientific research hubs like San Francisco, Seattle, San Diego as well as New York City.

The research rated the leading 20 essential cities worldwide forever science businesses as well as checks out metrics such as funding setting (both VC and humanitarian gives); its ability pool and also universities; hospitals and also R&D financial investment; way of living factors and also price of residential or commercial property.

Highlights of the report included:

  • Buck per VC bargain, Boston attracts much more funding right into the sector than anywhere else.
  • The San Francisco Bay Area, which placed 2nd, is home to significant occupiers like Gilead Sciences as well as Genetech and receives the greatest VC by quantity of all Savills’ Scientific Research Cities ($9.4 billion in 2020).
  • Seattle, (placed 3rd) is residence to the Gates Foundation, which has granted more worldwide health and wellness grants to the city and also its education and scientific research centers than any type of various other Scientific research City on the list, with 453 gives awarded since 2009.

Read complete record here.

* Envisioned over is a rendering of the 43-acre Cambridge Crossing mixed-use job in Boston, which is slated to contain 2 million square feet of research laboratory and office.

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David Cohen is Southeast Editorial Supervisor at Attach Business Actual Estate. David is a media veteran with greater than one decade of experience in journalism, copywriting and also communications across a range of duties.
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Released at Thu, 18 Mar 2021 17:45:20 +0000

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