Davis Moore

Life Science

Project / Duke Molecular Physiology Institute

Duke Molecular Physiology Institute

Duke Molecular Physiology Institute (“DMPI”) had an incredible business plan to create a cluster of one of the most sophisticated wet lab facilities in the country. Phase 1 alone would consolidate metabolomics and genomics and related vivarium activities.

Carmichael Building

01. The Issue

DMPI had to negotiate a lease and redevelopment of an historic tobacco warehouse involving several forms of tax credits with a complicated slate of partners including a small developer, a blue chip healthcare and life sciences REIT, and Durham County.  Cost overruns and schedule creep were big risks – if the project would even be feasible.  Existing infrastructure historical preservation restrictions further complicated the design of the space which could have financial implications as well. 

02. The Solution

Recognizing the high stakes, DMPI engaged the principals of Davis Moore to oversee the strategy, negotiation and successful execution this project.  Davis Moore immediately itemized all risks and set risk mitigation strategies in place.

03. The Benefit

DMPI proudly showcases its world-class headquarters (115,000 square feet) achieved on time and 14% below initial costs estimates.  The facility achieved LEED Certification, among other awards.