Sterling Bay Launches Life Sciences Initiative in Lincoln Park

A 20,000-square-foot life sciences incubator is to be housed at Sterling Bay’s 2430 North Halsted St.

CHICAGO—Commercial developer Sterling Bay, which is moving forward with its massive $6-billion Lincoln Yards development here, has launched a new life sciences initiative called Prysm Life Sciences, which it hopes will serve as a catalyst for a sustainable and scalable life science community in the Lincoln Park section of the city.

Prysm Life Sciences will be housed at 2430 North Halsted St., a medical research building that offers more than 120,000 square feet of laboratory and office space on five floors. The space, which also includes flexible shared wet lab and work space, lab pods and private suites, is catered to serve biopharma, medtech, diagnostics and life science tool companies in the near term.