Professional Documents
Culture Documents
Vicki Duncan
November 19, Adrienne Warrell
2007 Richard S. Reid
PENN CONNECTS |
A VISION FOR THE FUTURE
Penn Connects is an
ambitious expansion of
the University of
Pennsylvania’s campus
eastward toward the
banks of the Schuylkill
River and Center City
Philadelphia
INCREASED
CONNECTIVITY WITH
PHILADELPHIA AND
GREEN SPACE
GREEN SPACE
The expansion plan includes the creation of
recreation parks and green space in
addition to buildings and parking lots.
•Penn Park
•Weave Bridge
•Palestra Green
•Franklin Field Pavilion
ACADEMIC AND
RESEARCH
DEVELOPMENT
OVERVIEW
Key Locations of these new facilities
include:
•32nd Street and Civic Center Boulevard
•3200 Block of Walnut Street
•University Avenue and Woodland Walk
OFFICE AND
COMMERCIAL
DEVELOPMENT
REDEVELOPMENT OF THE
POSTAL LANDS
Center City West: Development
promotes expansion of Philadelphia
CBD into West Philadelphia.
Development Highlights:
•Large-scale partnership between
the University of Pennsylvania and
Brandywine Realty Trust
•Walnut Street Tower
– 500,000 sq. ft. office space
– 225-room hotel
– 125,000 sq. ft., 50-unit
residential condominium.
• Chestnut Street Tower
• 300,000 sq. ft. for rent
residential
• 20,000 sq. ft. of lobby retail
• Area located in a KOIZ
ECONOMIC IMPACT
• Expansion of the Philadelphia
CBD into West Philadelphia could
promote additional large-scale
office development in West
Philadelphia in the future.
• Increased land rent costs in the
immediate as well as the
surrounding areas.
• Multiplier effect
QUESTIONS AND
COMMENTS?