Schuylkill Yards is a $3.5 billion, masterplanned development project by Brandywine Realty Trust in West Philadelphia.[1] The project was announced in a press conference in March 2016. [2] The project is being designed in phases. [3] Groundbreaking occurred in late 2017,[4] and the first piece—a public park called Drexel Square—was delivered in June 2019. [5]

Schuylkill Yards
Construction in progress
LocationWest Philadelphia (Philadelphia, Pennsylvania)
StatusProposed
GroundbreakingQ3 2016
Estimated completion2029
WebsiteSchuylkill Yards site
Companies
ArchitectSHoP Architects
West 8
DeveloperBrandywine Realty Trust
Drexel University
Technical details
CostUS$3.5 billion
Buildings
  • 3101 Market (1,095 ft)
  • 3125 JFK Blvd (670 ft)
  • 3001 Chestnut (515 ft)
  • 3151 JFK Blvd (435 ft)
  • 3000 Market (425 ft)
Size14 acres (5.7 ha)

Announcement

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The project was announced on March 2, 2016, in a press conference by Drexel University president John Fry. This was followed by an announcement in The Philadelphia Inquirer.[6]

Usage and design

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The development will include approximately 6 million square feet (560,000 m2) of residential, commercial, retail, green space, and laboratory spaces.

The design reveals multiple public spaces, each with their own distinct characteristics. A 1.3-acre plot (previously the parking lot at One Drexel Plaza) became a vibrant elliptical lawn and the center of Schuylkill Yards. [7]

If built, 3101 Market would be the second tallest building in Philadelphia, or the third tallest if 2901 Arch Street of the 30th Street Station District is built.

See also

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References

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  1. ^ "The Development: Schuylkill Yards". Schuylkill Yards.
  2. ^ Smith, Sandy (2 March 2016). "Drexel Picks Brandywine to Develop "Innovation Neighborhood"". Philadelphia Magazine. Retrieved 6 March 2016.
  3. ^ Merriman, Anna. "Developers reveal renderings for Schuylkill Yards towers". Curbed. Retrieved 18 May 2020.
  4. ^ Romero, Melissa (2 March 2016). "Drexel University Unveils Massive $3.5B Schuylkill Yards Development Plans". Curbed. Retrieved 6 March 2016.
  5. ^ Merriman, Anna. "Check out the newly opened Drexel Square". Curbed. Retrieved 11 June 2019.
  6. ^ Fry, John (4 March 2016). "Giant step in Philly growth". Philly.com. Retrieved 7 March 2016.
  7. ^ Merriman, Anna. "Check out the newly opened Drexel Square". Curbed. Retrieved 11 June 2019.

39°57′18″N 75°11′10″W / 39.9551°N 75.1860°W / 39.9551; -75.1860