Biomed Realty seeks approval for 1855 Flatiron Court research development project

The Boulder City Council meeting on March 20, 2025, featured a significant discussion regarding the proposed 1855 Flatiron Court development project by Biomed Realty. Andrew Faulkner, the senior director of development for Biomed, presented the project, which includes three research and development buildings totaling approximately 208,000 square feet.

Faulkner emphasized Biomed's commitment to the local community and ecosystem, highlighting their past initiatives over the last three years. These initiatives include the renovation of a 2,100 square foot space into a vibrant 1.5 million square foot amenity known as Easton Co, which will feature a market hall, restaurant, bar, and outdoor park accessible to the public.

Additionally, Biomed has partnered with the University of Colorado Boulder to support advancements in quantum technologies and launched Velocity Labs, a platform designed to assist research startups emerging from the university. The company also completed the first purpose-built research and development building in Flatiron Park, which received a voluntary upgrade to LEED Gold certification.

To promote alternative transportation, Biomed is adding three new bike-sharing stations and working on expanding bike lanes in the area. They are also collaborating with car-sharing companies to introduce more vehicles to Flatiron Park. Furthermore, a partnership with the Butterfly Pavilion aims to enhance biodiversity in the park through various projects.

Faulkner concluded by requesting the City Council to call up the 1855 Flatiron project, reinforcing Biomed's dedication to investing in Boulder’s innovation ecosystem while addressing the city's needs. The meeting continued with additional speakers scheduled to present their views on the project.