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The Life Sciences Boom: Investment, Innovation & the Future of Global Growth | STO Building Group (STOBG)
Structure Tone is a global leader in construction management and general contracting services with offices located in the US, UK, and Ireland. Founded in 1971, the company is among the world’s top twenty construction companies worldwide, responsible for more than $3.5B in annual construction volume.
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Construction Podcast
Life Sciences
Podcast Episode
April 3, 2026
The Life Sciences Boom: Investment, Innovation & the Future of Global Growth
In this episode of Building Conversations, STO Building Group (STOBG)'s Life Sciences Sector Leader, Jennie Taveras, and Nick Oddy, Strategy Director at Structure Tone London, explore the rapid growth of the life sciences sector and why London is emerging as a global hub for investment, innovation, and development.
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Key Takeaways
  • London is emerging as a global life sciences hub, driven by strong investment, top-tier universities, and access to highly skilled talent.
  • The convergence of life sciences, technology, and AI is reshaping how facilities are designed, built, and operated.
    • Demand for high-tech lab environments is increasing, requiring specialized expertise, advanced coordination, and experienced delivery partners.
  • Early collaboration between clients, designers, and builders is critical to improving efficiency, reducing risk, and accelerating project timelines.
  • Digital tools, data, and technologies like BIM and digital twins are transforming construction delivery and enabling faster, more scalable growth.
  • Global shifts in manufacturing, R&D investment, and supply chains are creating new opportunities across the UK, U.S., and beyond.
  • The future of life sciences construction will favor partners who deliver value, innovation, and long-term strategic thinking—not just lowest cost.
Highlights In This Episode

London continues to attract global investment due to its strong financial ecosystem, leading universities, and access to highly skilled talent, positioning it as a top destination for life sciences growth.

Areas like Canary Wharf are transforming from financial centers into mixed-use environments that integrate life sciences, technology, and corporate spaces.

Global conferences, funding trends, and renewed focus on biotech and R&D are signaling increased investment and long-term growth opportunities.

Companies are investing in major cities and research hubs like the UK’s “Golden Triangle” to attract top talent and support innovation.

These environments require highly technical design, specialized systems, and experienced teams who understand lab, manufacturing, and research requirements.

While demand is increasing, the industry must carefully align skilled labor, supply chains, and experienced partners to meet the pace of growth.

The U.S. is focusing on manufacturing capacity, while the UK is strengthening its position in research and development—creating a balanced global ecosystem.

Tools like BIM, data analytics, and digital twins are improving efficiency, reducing errors, and enabling faster replication of successful facilities.

Clients are prioritizing speed, efficiency, and innovation—seeking partners who can deliver value and scalable solutions, not just low cost.

The sector will continue to grow globally, requiring larger, more capable delivery partners who can handle complex, large-scale projects.

Closing Summary

In this episode of Building Conversations, Jennie Taveras (STO Building Group (STOBG)) and Nick Oddy (Structure Tone London) explore the rapid expansion of the global life sciences sector and London’s role within it.

From rising investment and emerging innovation hubs to advancements in technology and construction delivery, the discussion highlights how the industry is evolving to meet increasing demand. As life sciences continues to scale globally, the episode underscores the importance of expertise, collaboration, and forward-thinking strategies in delivering the next generation of high-performance environments.

Host
Jennie Taveras
Jennie Taveras
Vice President, Life Sciences Sector Leader
STO Building Group (STOBG)
LinkedIn

Life sciences expert Jennie Taveras joined STO Building Group (STOBG) to lead the company’s growth in the life sciences sector and support the needs of life sciences clients and projects across the organization.

As Life Sciences Sector Leader, Jennie plays a pivotal role in helping the STO Building Group (STOBG) family of builders foster strategic relationships, identify and win new business opportunities, and consistently deliver facilities that help life sciences clients achieve their business objectives. With bachelor’s and master’s degrees in chemical engineering and extensive experience across process and project management roles with industry leaders such as Bristol Meyers Squibb and Sanofi Pasteur, Jennie brings a unique owner’s perspective, wealth of sector knowledge, and a record of building valued client relationships.

Guests
Nick Oddy
Nick Oddy
Strategic Director
Structure Tone London
LinkedIn

A UK Fit-Out Director with over 27 years of experience, Nick Oddy specializes in leading Winning Work strategy, pre-construction, and Business Unit leadership on projects valued up to £250 million GBP.

His leadership and communication skills, combined with strong technical expertise and personal values, position him to deliver exceptional customer experiences from project inception through to high-quality delivery.

He previously served as Managing Director of the Agility fit-out business, where he led the organization for over 3.5 years. During this time, he ensured alignment with company values and strategic objectives, delivering outstanding project experiences and customer service across the Commercial Occupier, Developer-Led, Public, and Education sectors on schemes ranging from £50k to £25 million GBP.

With a multicultural background, Nick brings a deep understanding of global working practices, enabling him to effectively connect values, culture, and customer experience across diverse organizations.

Prior to this, he was responsible for the Pre-Construction function and Winning Work strategy across the entire ISG UK Fit-Out business, including both Major Projects and Agility. In this role, Nick focused on understanding client drivers, building long-term strategic relationships, and securing work with both new and repeat customers.

His final leadership role at ISG centered on driving strategy and vision for the sustainable growth and diversification of the UK Fit-Out business, supporting over £600 million in revenue across commercial occupier, public sector, education, development, and decarbonization sectors.

In October 2024, Nick joined the UK Leadership team at Structure Tone London, where he focuses on the considered, sustainable growth of the business and the implementation of long-term strategies to deliver exceptional client experiences and high-quality projects.

Similar Episodes
Ask the Expert: Exploring Life Sciences Construction with Jennie Taveras
Ask the Expert: Exploring Life Sciences Construction with Jennie Taveras

In our Ask the Expert series, STOBG Vice President & Life Sciences Sector Leader, Jennie Taveras, discusses the intricacies of life sciences construction. Join Jennie to learn what we mean when we say ‘life sciences,’ how builders are keeping up with the rapid advancement of medical and research technology, and what strategies are helping us deliver projects faster and safer than ever before.

Listen Now
Inside NYC’s Push for Building Circularity
Inside NYC’s Push for Building Circularity

In honor of Zero Waste Week, join Jennifer Taranto, VP of Sustainability at STO Building Group (STOBG), Ryan Hughes, Sustainability Manager at Structure Tone New York, and Tiffany Williams, Sustainability Manager at Rudin, as they explore how selective deconstruction, material recovery, and take-back programs are transforming NYC construction.

Listen Now

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