LabCentral: Coworking space for life science startups officially opened

(Inside the Hive, November 22, 2013)

LabCentral has officially opened in Cambridge. The new $12 million coworking space for life science companies has its first six tenants in residence, with four more expected before the end of the year. These are promising young companies with small staffs (often three or fewer) that don’t want the hassle or expense of finding independent lab space and buying their own equipment. Among the features of the new lab is a trio of refrigerators that hold commonly used chemical reagents. Whenever you need one, you simply swipe your LabCentral badge, grab the chemical you need, and the fridge senses what’s been taken and bills your company’s account automatically. It’s like a minibar in a hotel room.The space also features conference rooms and phone booths available for reservation by any of the tenants.