AlfaTech & AT-PD INSIGHTS: Quarter 1 | 2021

N O T F O R E X T E R N A L D I S T R I B U T I O N

2020 In Review: Innovation! INNOVATION STUDIO

What's up with Life Sciences?

One of the key drivers in the Life Science market, particularly in California, is converting existing facilities to Life Science R&D labs. Developers are so focused on this market that they are actually building spec labs without tenants in anticipation of quickly finding tenants. We’re assisting clients like Longfellow Real Estate Partners to assess buildings for the possibility of being converted to Life Science use. For the facilities they elect to acquire, we assist with the design needed to accomplish the conversion. An interesting dynamic in this market is driving developers from the commercial, retail, and residential markets to move into the Life Science market. It is also driving interest in buildings that have no business being converted to Life Science use! A perfect example is the recent purchase of an ice skating rink in Redwood City by a formerly commercial developer with the intent to build labs. Imagine the technical challenges in that building! This market is a crucial component of the Life Science life cycle. It helps keep Life Sciences healthy and growing across the state by increasing the available lab space for early-stage drug and therapy companies. AlfaTech will continue to take advantage of these opportunities to keep our Life Science business expanding momentum.

The innovation team continues exceeding expectations and pushing the frontiers of design and construction. With a mission to identify opportunities and develop new profound leaders, they've carved out alternative revenue streams during the unfamiliar times of COVID-19. In addition, the team is currently synthesizing the results of a brainstorm SWOT analysis to identify potential Innovation Missions that are aligned with AlfaTech’s mission and purpose. The innovation team continues to set the standard for AlfaTech within the design and construction industry.

- Pam Brandon

- Terry Stelter

GREEN TIPS Ways to Decrease Water Usage

Did you know that the average American uses 80-100 gallons of water a day? All for indoor use with flushing toilets coming at the top of the list and taking showers as a close second. There are so many easy ways to decrease water consumption.

Turn off the faucet when performing a task. Yes, we have to wash our hands more frequently these days and for at least 20 seconds, which could waste up to a quarter gallon of water! To avoid this imply turn off the water and lather for 20 seconds versus leaving it under the faucet. Try to turn off the faucet at home when you’re brushing your teeth as well. More advanced tips would be to aim eating vegan or vegetarian. Beef is typically regarded as the most water- intensive food item, requiring an average of nearly 1,800 gallons of water for 1 pound of beef, which makes sense, considering the fact that cows consume up to 30 gallons per day.

There are many ways you can start to decrease your water usage. It can help lower your water bill and also have a positive impact on the environment!

-Paula Venegas

References: “How to Save Water at Home: Beginner, Intermediate, and Advanced Tips” 2020 May 08 Waterworks, USGS, Ecowatch

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