A recent site visit by Philadelphia YIMBY noted that construction work is nearly complete at 3.0 University Place, an eight-story commercial and laboratory development under construction at 4101-23 Market Street in University City, West Philadelphia. Designed by the Sheward Partnership and jointly developed by Silverstein Properties, Cantor Fitzgerald, and University Place Associates, University Place 3.0 will offer 250,000 square feet of Class A office and lab space, which will provide a significant boost to the neighborhood’s rapidly-growing medical services industry, while ground-level retail space will liven up the pedestrian experience.
4101 Market Street. Photo by Jamie Meller. April 2023
4101 Market Street. Photo by Jamie Meller. April 2023
4101 Market Street. Photo by Jamie Meller. April 2023
4101 Market Street. Photo by Jamie Meller. April 2023
4101 Market Street. Photo by Jamie Meller. April 2023
3.0 University Place at 4101-23 Market Street. Rendering credit: The Sheward Partnership
3.0 University Place at 4101-23 Market Street. Rendering credit: The Sheward Partnership
University Place 3.0 (also known as 3.0 University Place) will offer 30,000-square-foot floor plates and 15- to 18-foot slab-to-slab heights. The building will house curated wet/dry lab space, including an incubation lab co-working floor operated by Ben Franklin Technology Partners, as well as a floor for prebuilt 3,000- to 10,000-square-foot “Growth Pods” with three- to five-year leases for smaller companies. Tenants will reap tax incentives as well as the benefits of working in a pre-certified LEED Platinum v4 BD+C Core and Shell building, which is also aiming for WELL v2 Platinum certification.
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I recall a drug store next to the completed building was scheduled to be torn down for another building to be built. What is the status of this project if it was scheduled and if permits were issued?
When graphics become as substitute for architecture. A decent building that looks like a hurricane blew all sorts of orange debris onto it’s facade.
I like the green “roof”!