PASADENA, California, September 22, 2021 / PRNewswire / – Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the world’s oldest and most pioneering owner, operator and developer focused solely on collaborative life sciences campuses , agtech and tech in AAA innovation cluster locations, today announced that OneFifteen, an innovative nonprofit healthcare ecosystem dedicated to full and lasting recovery from opioid addiction, has received an honorable mention in Fast businessprestigious Innovation by Design Awards 2021 in its new Impact category, which rewards designs with a major cultural or social impact. The distinction of OneFifteen by Fast business recognize that of Alexandria working to advance effective and scalable solutions to address the opioid crisis, one of the most pervasive public health emergencies in our country’s history. OneFifteen’s comprehensive approach to addiction care has already had a huge positive impact on the local community. Dayton community. Its campus is a source of hope for the future as it faces the enormity and urgency of the opioid crisis, which has claimed more than 95,000 lives in United States in the past 12 months February 2021, and reversing the devastation it has caused to countless individuals, families and communities across the country.
The Innovation by Design Awards, now in their 10th year, recognize individuals, teams and businesses who transform businesses, organizations and society through design. One of the most sought-after design awards in its industry, Innovation by Design is the only competition to honor creative work at the intersection of design, business and innovation.
The conceptualization of OneFifteen began in 2017 when Alexandria forged a partnership with Verily, an Alphabet company, and pioneered a holistic campus environment in Dayton, Ohio – the U.S. city with the highest drug overdose death rate in 2017 – with the goal of reversing the trajectory of the opioid epidemic in the United States. The evidence-based, personalized care model embodied in OneFifteen supports patient well-being, recovery and reintegration into society and has the potential to revolutionize the way addiction is treated.
Alexandria, who has also been OneFifteen’s strategic real estate partner, led the design and development of the 4.3-acre, 59,000 RSF campus as a safe, connected ecosystem to improve lives and revitalize the community. He also engaged local companies Champlin Architecture, MKSK Studios and Danis, and involved Hplex Solutions, along with many other community stakeholders, to bring this important effort to fruition.
âWe are extremely honored to receive this recognition from Fast business, which highlights our essential collaboration with Verily to help people overcome opioid addiction through a unique and comprehensive program and ultimately help the country resolve its opioid crisis, âsaid Joel S. Marcus, Executive Chairman and Founder of Alexandria Real Estate Equities, Inc. and Alexandria Venture Investments. âLong before the COVID pandemic, our country was grappling with the devastating opioid epidemic, which has only intensified in the past year and a half as opioid overdoses have increased by nearly 30% in the midst of the pandemic from the previous year. Our passion and commitment to helping people live healthy, addictive lives has never been greater – these people are our friends, they are our neighbors, they are our family. We sincerely hope that OneFifteen’s revolutionary model will serve as a model for the rest of the country and play a meaningful role in helping to end the opioid epidemic. ”
Guiding the campus design philosophy was a vision shared by Alexandria and Truly, to meet the often unmet needs of those in recovery. The state-of-the-art campus is home to a full continuum of care with facilities and services dedicated to crisis stabilization, drug-assisted treatment, residential housing, peer support, family reunification, workforce development. work, placement and community transition. A curved walkway connects all of the carefully organized spaces, experiences, and elements of the OneFifteen campus in a design that recognizes the generally non-linear and continuous recovery process. Alexandria and its partners have taken a forward-looking design approach to support the mental health and well-being of its residents and patients. The campus has plenty of natural light, a fitness center, meditation room, and outdoor green space, and it incorporates elements of sustainability and biophilia to promote a sense of belonging. and calm, especially important for those whose substance use disorder stems from trauma.
Since opening its outpatient clinic in fall 2019 and its crisis stabilization unit in early 2020, OneFifteen has treated over 3,500 patients and performed over 9,000 telehealth visits during the COVID-19 pandemic . With patients welcomed earlier this year to OneFifteen Living, the residential housing component of campus, OneFifteen now offers a fully activated recovery location for people to live in while they access treatment services on campus and prepare for. reintegrate into society.
OneFifteen was selected by a panel of judges that included renowned designers from various disciplines, business leaders from some of the world’s most innovative companies, as well as writers and editors from Fast business. Entries were judged on the key ingredients of innovation: functionality, originality, beauty, sustainability, user perception, cultural impact and business impact. Fast businessThe 2021 winners of innovation through design are presented in line and in the October issue of Fast business magazine, on newsstands September 28, 2021.
About Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500Â® urban office REIT, is the oldest and most pioneering owner, operator and developer, focused solely on collaborative life sciences, agtech and technology campuses in AAA innovation hubs, with a total market capitalization of $ 36.3 billion from June 30, 2021, and an asset base in North America of CHF 58.1 million. The asset base in North America includes 36.7 million RSF from properties in operation and 3.4 million RSF from Category A properties under construction, 7.7 million RSF from short and medium term development and redevelopment projects and 10.3 million SF of future development projects. Founded in 1994, Alexandria pioneer of this niche and has since established a significant market presence in key locations including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland and Research Triangle. Alexandria has a long-standing and proven track record in developing Class A properties clustered in urban life sciences, agtech and technology campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity and success. Alexandria also provides strategic capital to transformative life sciences, agtech and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensures a high quality and diverse tenant base that translates into higher occupancy levels, longer leases, higher rental income, higher yields and greater value of long-term assets. For more information on Alexandria, please visit www.are.com.
About Fast Company
Fast business is the only media brand fully dedicated to the vital intersection of business, innovation and design, engaging the most influential leaders, companies and thinkers on the future of business. The editor-in-chief is Stephanie Mehta. Based at New York City, Fast business is published by Mansueto Ventures LLC, along with its sister publication, Inc., and can be viewed online at fastcompany.com.
that of Alexandria Forward-looking statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements regarding the potential impacts of the OneFifteen campus on the opioid crisis, the exacerbation of the opioid crisis due to the COVID-19 pandemic, and the potential effectiveness of any therapeutic approach to the opioid crisis or dependence. These forward-looking statements are based on that of Alexandria current intention, beliefs or expectations, but forward-looking statements are not guaranteed and may not occur. Actual results may differ materially from those contained or implied by that of Alexandria forward-looking statements due to various factors. All forward-looking statements are made as of the date of this press release, and Alexandria assumes no obligation to update this information. For more information on the risks and uncertainties that could cause actual results to differ materially from those anticipated in the Company’s forward-looking statements, and the risks and uncertainties regarding the Company’s business in general, please refer to documents filed by the Company with the Securities and Exchange Commission. including its most recent annual report on Form 10-K and any quarterly reports subsequently filed on Form 10-Q.
CONTACT: Courtney mulligan, Senior Director – Communications, (646) 939-7471, [emailÂ protected]
SOURCE Alexandria Real Estate Equities, Inc.