A $3.5B redevelopment in Philadelphia begins with a public park

TRD New York /
Feb.February 23, 2018 02:44 PM

A 20-year project to revitalize 14 acres of underused land near the 30th Street Station in Philadelphia is launching with the construction of a public park. Eventually the Schuylkill Yards project will be a science and technology center, boasting some 2.8 million square feet of office space and one million square feet of lab space. The plans also call for 1.6 million square feet of residential and more than 100,000 square feet of retail. The city hopes proximity to the transit hub, as well as Drexel University and the University of Pennsylvania, will attract as much as $4.5 billion in additional private investment. [NYT]


Related Articles

arrow_forward_ios
(Photography by Rayon Richards)

TRD‘s July national issue is live

TRD‘s July national issue is live
Fires from lava flows in 2018 (Photo by Don Smith/Getty Images)

Even lava won’t stop rich people from buying mansions in Hawaii

Even lava won’t stop rich people from buying mansions in Hawaii
High water levels in Lake Michigan erode a walkway and seawall (Credit: Scott Olson/Getty Images)

Rising waters are wreaking havoc on the Great Lakes’ real estate

Rising waters are wreaking havoc on the Great Lakes’ real estate
A little good news for renters. We’re not talking to you LA and Manhattan

A little good news for renters. We’re not talking to you LA and Manhattan

A little good news for renters. We’re not talking to you LA and Manhattan
Amazon CEO Jeff Bezos (Credit: Getty Images, iStock)

Amazon’s shopping cart now includes new grocery store leases in LA area

Amazon’s shopping cart now includes new grocery store leases in LA area
Across the US, new home sales keep falling

Across the US, new home sales keep falling

Across the US, new home sales keep falling
Crystal City, Virginia and Amazon CEO Jeff Bezos (Credit: Getty Images)

Home prices roar in Arlington, whimper in Manhattan post-Amazon

Home prices roar in Arlington, whimper in Manhattan post-Amazon
No one home: Japan’s dwindling population means a housing oversupply

No one home: Japan’s dwindling population means a housing oversupply

No one home: Japan’s dwindling population means a housing oversupply
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...