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Matan Underway on Next Phase of 2 Million-Square-Foot Progress Labs in Maryland

Progress Labs at Riverside I Represents Third of Six-Property Development Designed to Stretch From Frederick to Bethesda
Rendering of Progress Labs at Riverside I. (Matan Cos.)
Rendering of Progress Labs at Riverside I. (Matan Cos.)
By Montese Adams
CoStar Research
August 2, 2021 | 2:54 P.M.

Matan Cos. has broken ground on the third project within Progress Labs, the company's fast-moving development designed to bring another 2 million square feet of biomanufacturing-ready space to the Interstate 270 corridor over the next 24 months.

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