CH Realty Partners LLC, a Los Angeles-based developer–in conjunction with Ascendant Capital Partners, a Los Angeles-based real estate investment firm–will invest more than $50 million to expand and improve an existing warehouse at 260 Midway Drive in Union, South Carolina. The facility, which MycoWorks will lease with a long-term commitment, will accommodate 135,000 square feet for the company’s first full-scale Fine Mycelium production manufacturing facility.

Stream’s National Program Management team will work with CH Realty Partners to manage all aspects of the delivery of the facility, from conceptual design through equipment installation and startup. Stream Vice President Tom Porter, who specializes in manufacturing, will lead the project. Stream is a national real estate services, development, and investment firm with a growing office in Charlotte that services the Carolinas.

“We’ve taken a deep dive to understand MycoWorks’ business needs and created a path forward that is critical to their success as an organization,” Porter said. “Together, with our partners, we have developed a strategic approach to fast-track this project and help this unique, innovative client become the world’s first commercially scaled Fine Mycelium platform.”

Recognized as a leader in the manufacturing industry, Lexington, Kentucky-based Gray will design and build the project.

MycoWorks’ new facility will offer approximately 50,000 square feet of manufacturing space. It will include controlled environments for mixing, filling, and sterilization; work cells for tending the product as it grows; and areas for product harvesting and finishing. Within the existing footprint, the facility will utilize approximately 40,000 square feet for an Automated Storage Retrieval System (ASRS) in a highly controlled environment that will house trays of the product as it grows into sheets. A two-story expansion of 35,000 square feet for offices will be built adjacent to the existing warehouse. The remaining footprint will be utilized for storage, utilities, and maintenance areas.

“Gray is excited to play a pivotal role on such an innovative and technologically advanced project,” said Brian Jones, Gray President and CEO. “This unique facility is a chance not only to advance MycoWorks but also move the industry forward, and that’s an incredible opportunity.”

Additional exterior improvements will include a bulk unloading area for dry raw materials, storage tanks for liquid raw materials, an expanded parking lot, and a new employee entrance.

Stream’s National Program Management platform helps owners, occupiers, and end users redefine their geographic footprint, integrate new technologies, and embrace sustainability to reduce environmental impacts. The team specializes in cold storage, food processing, manufacturing, life sciences, and hazardous materials.

The post Stream Realty Partners To Help Biotechnology Company Build Fine Mycelium™ Production Facility In South Carolina appeared first on Stream Realty Partners.

Stream’s National Program Management team will work with The Dragon Group to deliver real-value solutions that will help its clients green their supply chain, create high-performance environments, and improve their employees’ well-being. The partnership allows Stream, a national real estate services, development, and investment firm, to strengthen its ESG commitment toward developing sustainable practices that positively influence its people, clients, and the communities it serves.

The Dragon Group, founded by Managing Partners Randall and Yvonne Dragon, provides ESG strategies, sustainability consulting, and project management for occupiers and owners to ensure their real estate assets are as sustainable as possible. Their services focus on the end user to ensure maximum building and occupier performance.

“This strategic partnership with The Dragon Group allows us to help our clients evaluate their energy options and clearly define solutions to achieve their sustainability goals,” said Joe Iatauro, Executive Managing Director for Stream’s National Program Management Services. “As the commercial real estate industry moves ESG to the top of its priority list, it was important to find a partner that can provide subject-matter expertise and scale to round out our already robust offerings. The Dragon Group’s innovative services do just that.”

Stream and The Dragon Group have already begun work in Auburn Hills, Michigan, offering sustainability efficiencies to a leading global technology company known for its electrification, robotics, automation, and motion portfolio. The service includes analyzing a sustainability assessment and creating a net-zero roadmap for that location.

“Working with Stream’s National Program Management team has been an incredible experience already,” Randall Dragon said. “Stream’s breadth and depth of commercial real estate knowledge combined with our deep understanding of clean energy solutions will ultimately be a victory for our clients and our planet. We want to ensure we are leading by example, developing strategies centered around achieving high-performance building design and operations not just in our hometown but nationwide.”

Prior to partnering with Stream, The Dragon Group worked on more than 40 green building projects spanning more than three million square feet. Among the firm’s successes were leading Sustainability Master Planning, LEED, and Parksmart certifications for Hartsfield Jackson Atlanta International Airport’s more than 1.5 million square feet.

Stream’s National Program Management platform helps owners, occupiers, and end users redefine their geographic footprint, integrate new technologies, and embrace sustainability to reduce environmental impacts. The team specializes in cold storage, food processing, manufacturing, life sciences, and hazardous materials.

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