Dubai Science Park is boosting storage and warehousing space to 336k sqft

Ongoing expansions at Dubai Science Park will add 200k sqft of new storage and warehousing spaces boosting its storage and logistics capacity by 147%, according to a statement. Slated for completion next year, the expansion will target a growing demand for Grade-A warehousing for research and development (R&D). No investment ticket was disclosed as part of the statement.

Details: The project looks to boost total gross leasable storage space at Dubai Science Park to 336k sqft by adding 200k sqft of new storage and logistics spaces, the statement explained. The add ons will comprise 26 units fitted with high power load capacity and with spaces ranging from 6k sqft to 16k sqft. The expansion will make space for new customers and boost regional R&D efforts. Current Dubai Science Park tenants include AstraZeneca, Pfizer, BeiGene, GE Healthcare, Epygen Labs, Elixir Pharma, and others, the statement also said.

The park leverages a close connection to Al Maktoum International Airport, streamlining transport. The airport is slated to stand as a multimodal logistics hub with capacity for 12 mn tonnes of freight after a planned expansion.