Tag: foundry row
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Rising Rents Push Foundry Row Artist Studios Toward Cedar Hollow
Rising commercial rents have priced the 24-member Anvil Street Studios collective out of its longtime Foundry Row warehouse, sending most of the artists to a cheaper former factory space in Cedar Hollow while others scatter on their own.
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Forge Bellwater Welcomes Its Largest Startup Cohort Yet
Forge Bellwater has admitted 14 companies to its Foundry Row incubator, its largest cohort yet, spanning biotech, green-energy hardware and the incubator’s first AI-focused startup.
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New Kincaid Spinout Closes Seed Funding Round
Halcyon Biotherapeutics, Kincaid University’s newest biotech spinout, has closed an $8 million seed funding round to fund its first 18 months of preclinical research.
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Kestrel Biologics Raises $64 Million Series C, Plans Foundry Row Expansion
Kestrel Biologics, the Kincaid University biotech spinout anchoring Foundry Row’s growth, raised $64 million and plans to nearly double its Bellwater workforce, though executives say a skills gap could slow hiring.
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Forge Bellwater’s First AI-Focused Startup Emerges From a Kincaid Lab
A Kincaid University research project has become Forge Bellwater’s first AI-focused startup, expanding the kind of company the biotech-heavy Foundry Row incubator has historically supported.
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Dr. Wei-Lin Tan’s Lab Publishes Early Gene-Therapy Trial Results
Dr. Wei-Lin Tan’s Kincaid University lab published early-phase results for a second gene-therapy candidate, distinct from the research that spun out into Kestrel Biologics, showing responses in nine of twelve participants.
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Council Caps Foundry Row Building Heights at 12 Stories
The city council voted 5-2 to cap new Foundry Row towers at 12 stories, with an exception allowing taller buildings near the transit corridor in exchange for more affordable units, a compromise that left both developers and tenant advocates only partly satisfied.
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New Foundry Row Parking Garage Tied to Biotech Campus Expansion
The city and Kestrel Biologics will split the cost of a 600-space Foundry Row parking garage tied to the biotech firm’s hiring surge, a deal some residents say undercuts the neighborhood’s new transit line.