Stories From Our Region – June 2022
University of Pennsylvania Announces New Life Sciences Facility to Support Region’s Discovery
The 455,000-square-foot addition to the 23-acre site is anticipated to open in Q4 2025, providing speculative labs to accommodate life sciences companies and incubator startups.
New Navy Yard Plan Includes Transformations to Create a New Neighborhood in the City
Developers Mosaic Development Partners and Ensemble Real Estate Investments’ plan calls for 8.9 million square feet of residential, commercial, and retail space. Such transformation would bring about an estimated 12,000 new jobs to the Navy Yard.