The Project includes construction of an approximately 79,600 square foot 5-story office/laboratory building, containing approximately 2,000 square feet of first floor retail and approximately 44 below grade parking spaces The existing buildings on site contain approximately 43,425 square feet of space and a surface parking lot containing approximately 20 off-street parking spaces. The Project, therefore, includes only approximately 35,175 square feet of net new gross floor area and 24 additional off-street parking spaces.