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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]
Location | West Philadelphia (Philadelphia, Pennsylvania) |
---|---|
Status | Proposed |
Groundbreaking | Q3 2016 |
Estimated completion | 2029 |
Website | Schuylkill Yards site |
Companies | |
Architect | SHoP Architects West 8 |
Developer | Brandywine Realty Trust Drexel University |
Technical details | |
Cost | US$3.5 billion |
Buildings |
|
Size | 14 acres (5.7 ha) |
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]
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.
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