Dallas-Fort Worth ranks No. 16 among U.S. metros for having “the most favorable combination of factors for a successful life sciences ecosystem,” according to a study by CommercialCafe.
To select the best homes for life science companies, the study assessed regional talent pool; accessibility of commercial real estate markets; availability of dedicated property or office space that might be redeveloped to accommodate this industry; and the state of development toward expanding life sciences capacity.
DFW ranked No. 7 in science and engineering educational attainment; No. 10 in average vacancy rate; and No. 15 in the most-affordable average asking rate for office space.
Boston came in No. 1 on the list and Houston ranked No. 10.
DFW’s “unique mixed bag of regional advantages has attracted brands like BioLabs, which chose Dallas for its ninth location,” the study says. “It’s the life sciences coworking space provider’s first startup incubator location in the heartland.”
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