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The Boston Globe

Business

Developer draws local biotech star to new office building

Foundation Medicine to move in this fall

As the economy was still foundering in 2011, developer Skanska USA launched what in most parts of the country would have been a kamikaze mission: constructing a $70 million laboratory and office building without a single tenant to fall back on.

But on Monday, the company confirmed that its newly finished building at 150 Second St. near Kendall Square has attracted one of the rising stars of the local biotech community: Foundation Medicine Inc. has agreed to lease half the 123,000-square-foot building to help expand its research into cures for cancer.

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