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Phoenix Life Science & Biotech by the Numbers:
144,000+ jobs In Arizona's bioscience industry, including hospitals, with most concentrated in Greater Phoenix.
What it means for you: A large, established workforce base is the foundation tenants need before they commit to lab and research space.
8.1% vs. 6.7% Arizona bioscience job growth from 2020 to 2023 compared with the national rate. Non-hospital bioscience jobs grew even faster, up 19%.
What it means for you: Phoenix is gaining share from coastal hubs, and the fastest growth is in the R&D and company jobs that fill lab buildings.
$87,000 Average annual bioscience wage in Arizona, well above the state's $67,000 private sector average.
What it means for you: High-wage science jobs support premium office, lab, housing and retail demand around bioscience hubs.
3.3 million SF Planned at Mayo Clinic's 120-acre Discovery Oasis, including wet and dry labs, research space and biomanufacturing. Phase one is set to open in 2027.
What it means for you: Anchor institutions are committing to Phoenix at a scale that creates development, leasing and capital opportunities for years.
Record highs Arizona set record highs in NIH funding, bioscience jobs and wages, and university R&D, with growth often outpacing the nation.
What it means for you: Research dollars flowing into ASU, the University of Arizona and their partners create the startups and spinouts that become tomorrow's tenants.
Speakers and Panels
Building for Science: Designing and Delivering Flexible Life Sciences Space
What developers, architects, contractors, engineers, and institutional partners need to align on to deliver adaptable, future-ready lab and research space as tenant requirements keep evolving
Steven Lester
Medical Director
Discovery Oasis, Mayo Clinic
Kiran Avancha
Chief Innovation Officer
HonorHealth
Chris Nienhueser
Project Director
Wexford Science & Technology
Claudia Whitehead
Program Manager
Phoenix Community and Economic Development
James Murphy
CEO
Willmeng Construction
Aaron Blum
Associate
PARADIGM Structural Engineers
Why Phoenix? Capital, Confidence, and the Case for Investing in Life Sciences Real Estate
A look at what's drawing developers, investors, and institutions to build in Phoenix's life sciences market even as other regions work through oversupply — and what it will take to keep that momentum going
Tammy McLeod
President and CEO
Flinn Foundation
Mara Aspinall
Partner
illumina ventures
Scott Whyte
Partner
HEP
Mary Foote
Principal Deputy Director
Arizona Office of Economic Opportunity
The Vote, The Dollars, The Data: A Post-Election Fireside Chat
A candid conversation on how Arizona's midterm election results and economic outlook will shape the next chapter of life sciences development
Joan Koerber-Walker
President and CEO
Arizona Bioindustry Association
Why You Won't Want To Miss This Conference:
What You'll Learn:
Why capital keeps flowing into Phoenix's life sciences market even as Boston, the Bay Area, and San Diego work through a national lab vacancy rate stuck near 23% — and how durable that advantage really is
How Phoenix's institution-anchored growth model — led by Mayo Clinic's Discovery Oasis, ASU, TGen, and Barrow Neurological Institute — is insulating the market from the speculative overbuilding that created oversupply in gateway markets
What it will take for Phoenix to move from an emerging market to a top-tier destination for larger, later-stage life science tenants and institutional capital
How Phoenix stacks up against peer and secondary markets competing for the same capital, talent, and tenants
What "future-proof" lab design actually means today, as AI, automation, and robotics reshape the balance between wet lab and dry lab space
Where landlord and tenant fit-out scopes typically break down — and how developers, architects, contractors, and end users are aligning earlier in the process to avoid it
What it takes to deliver an adaptable, scalable research space that can grow with a company from startup to late-stage clinical, without a full rebuild
Where the next wave of Phoenix life science investment and development is likely to land — precision oncology, digital health and medtech, biomanufacturing, or translational neuroscience
You'll Network With:
Owners & Developers — the firms building and delivering Phoenix's life science real estate, from downtown innovation districts to Mayo's Discovery Oasis corridor
Investors & Capital Markets — institutional investors, lenders, and equity partners underwriting lab, R&D, and biomanufacturing space in the Valley
Architects, Engineers & Contractors — the design and construction teams solving for cGMP, vivarium, cleanroom, and flexible lab requirements across Phoenix's growing bioscience clusters
Universities & Research Institutions — ASU, University of Arizona, TGen, Mayo Clinic, and Barrow Neurological Institute representatives shaping the region's innovation districts
Health Systems & Life Science Occupiers — the tenants, hospital systems, and biotech and medtech companies driving demand for Phoenix lab and research space
Brokers & Advisory Services — tenant rep, landlord rep, and investment sales professionals active in Phoenix life science transactions
Economic Development & Public Officials — the city, county, and state leaders shaping incentives, entitlements, and Phoenix's bioscience roadmap
Why You Should Attend: Bisnow events bring together the biggest power players in the industry to help you identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than we do.
For questions, recommendations, comments, or press inquiries, please email our event producer, Kay VanAsdale, at kay.vanasdale@bisnow.com.
To request disability-related accommodations, please contact tameir.moore@bisnow.com no later than seven business days before the event.
Agenda
| Time | Activity |
|---|---|
|
8:00 AM
9:00 AM
|
Breakfast & Networking
|
|
9:00 AM
9:05 AM
|
Bisnow Welcome
|
|
9:05 AM
9:50 AM
|
Why Phoenix? Capital, Confidence, and the Case for Investing in Life Sciences Real Estate
A look at what's drawing developers, investors, and institutions to build in Phoenix's life sciences market even as other regions work through oversupply — and what it will take to keep that momentum going |
|
9:50 AM
10:10 AM
|
Networking Break
|
|
10:10 AM
10:35 AM
|
The Vote, The Dollars, The Data: A Post-Election Fireside Chat
A candid conversation on how Arizona's midterm election results and economic outlook will shape the next chapter of life sciences development |
|
10:40 AM
11:25 AM
|
Building for Science: Designing and Delivering Flexible Life Sciences Space in Phoenix
What developers, architects, contractors, engineers, and institutional partners need to align on to deliver adaptable, future-ready lab and research space as tenant requirements keep evolving |
|
11:25 AM
11:45 AM
|
Closing Networking
|
Venue
Hilton Scottsdale Resort & Villas
6333 N. Scottsdale Rd
Scottsdale, AZ 85250
Ballroom Name: Sonora Ballroom
Parking Details:
Complimentary Self Parking at venue