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New York & Tri-State  + Fairfield/Westchester  + Healthcare  | 

Regeneron Plans $1.8B Expansion of Tarrytown Campus

Biotechnology leader Regeneron Pharmaceuticals said Thursday it would spend $1.8 billion over six years to expand its research, preclinical manufacturing and support facilities at the company’s Westchester County campus in Tarrytown, NY. The company plans to add 1,000 jobs in the Mid-Hudson Region over the next five years.

The project’s scope encompasses new preclinical manufacturing and process development suites, laboratories and office space. It’s projected to add up to eight buildings, three parking garages and a central utility plant, totaling approximately 900,000 square feet. 

Empire State Development Acting Commissioner and President and CEO-Designate Eric Gertler said, “Regeneron’s expansion in Westchester County will be a game changer for the regional economy and will cement New York State as a world leader in the life sciences industry.” 

Regeneron has owned the Tarrytown campus since 2017, when it paid $720 million to acquire it from affiliates of BioMed Realty Trust.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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