The "biological" memory strength shouldn't just be a time thing, and even then, the time of the AI agent should only be conformed to the AI's lifetime and not the actual clock. Look up https://stackoverflow.com/questions/3523442/difference-betwe... monotonic clock. If you want a decay, it shouldn't be related to an actual clock, but it's work time.
But memory is more about triggers than it is about anything else. So you should absolutely have memory triggers based on location. Something like a path hash. So whever an agent is working and remembering things it should be tightly compacted to that location; only where a "compaction" happens should these memories become more and more generalized to locations.
The types of memory that often are more prominent are like this, whether it's sports or GUIs, physical location triggers much more intrinsics than conscious memory. Focus on how to trigger recall based on project paths, filenames in the path, file path names, etc.