Life Sciences U.S. Fit-Out Cost Guide 2025

LIFE SCIENCES FIT OUT COST GUIDE 2025

Modernization of Life Sciences Space Is Critical to the Sector Despite the surge in new construction over the past five years, most existing buildings were built in the 1900s. Major shifts and trends in the last decade have increased the need to modernize the current life sciences inventory. Technology plays a crucial role in lab and cGMP research and manufacturing, driving higher energy demands. As a result, updating systems like HVAC and switchboards has become increasingly critical. Additionally, sustainability goals aimed at improving the efficiency of life sciences properties mean that even buildings constructed in the early part of the last decade may require additional fit outs. Emerging workplace trends, including staff expectations that their spaces accommodate evolving work lifestyles, are also influencing space design, leading to shifts in typical lab and cGMP layouts. As technology and workplace environments evolve, the need to update existing life sciences spaces will continue.

Today’s life sciences talent requires workspaces that accommodate their evolving work lifestyles. KEY TAKEAWAY

TWO-THIRDS OF INVENTORY IS 15 YEARS OR OLDER

YEAR BUILT

20%

2020-2024

10%

2010-2019

2000 2009

17%

pre-2000

52%

Source: Cushman & Wakefield Research

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