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$100 million, 250,000-square-foot University Place 3.0 nears completion

By June 30, 2023No Comments

 

The state-of-the-art life sciences building in University City, spanning 250,000 square feet, is nearing completion and retail curation is well underway with only a few spaces remaining. Exciting retail announcements, which include an anchor restaurant/ bar, cafe, and other F&B operators are coming soon. Don’t miss the opportunity to become part of the bustling retail curation at the UPA campus.

Situated at 4101 Market St, the eight-story landmark building stands amidst a thriving development scene in University City, surrounded by other life sciences and residential projects and host to renowned educational institutions such as the University of Pennsylvania and Drexel University.

The building boasts ground-floor retail space, while floors two to eight offer approximately 30,000 square feet on each floor, with a flexible layout accommodating 60% lab space and 40% office space. The final configuration of the space will be customized to suit the needs of the prospective tenant.

The project was designed with sustainability in mind, with the achievement of the prestigious LEED and WELL Platinum certifications. The commitment to environmental consciousness by University Place Associates makes the building even more appealing to prospective tenants.

Read more about the project in the Philadelphia Business Journal here.