For the last six months, two giant life science hubs have sat directly across the street from each other on McCrimmon Parkway in Morrisville, brand-spanking-new — and empty.
Amid a post-pandemic construction boom, Pathway Triangle and Spark Life Science (or Spark LS), both billion-dollar projects, were “built on spec” without tenant commitments. They were also delivered around the same time at the end of 2024.
As of early June, they still have no takers — another reminder of the fickle and risky nature of speculative building. Especially when supply continues to outpace demand and leasing activity remains subdued…