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Schuylkill Yards is a $3.5 billion, masterplanned development project by
Brandywine Realty Trust
Brandywine Realty Trust is a real estate investment trust that invests in office buildings in Philadelphia, Washington, D.C., and Austin.
As of December 31, 2019, the company owned interests in 173 properties containing 24.3 million net rentab ...
in
West Philadelphia
West Philadelphia, nicknamed West Philly, is a section of the city of Philadelphia. Alhough there are no officially defined boundaries, it is generally considered to reach from the western shore of the Schuylkill River, to City Avenue to the nort ...
. The project was announced in a press conference in March 2016. The project is being designed in phases. Groundbreaking occurred in late 2017, and the first piece—a public park called Drexel Square—was delivered in June 2019.
Announcement
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''.
Usage and design
The development will include approximately 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.
If built, 3101 Market would be the second tallest building in
Philadelphia
Philadelphia, often called Philly, is the List of municipalities in Pennsylvania#Municipalities, largest city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, the List of United States cities by population, sixth-largest city i ...
, or the third tallest if 2901 Arch Street of the
30th Street Station District
The 30th Street Station District, also referred to as the 30th Street District, is a proposed urban development located in West Philadelphia in Philadelphia, Pennsylvania, United States. The area will be home to eight modern skyscrapers or highri ...
is built.
See also
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30th Street Station District
The 30th Street Station District, also referred to as the 30th Street District, is a proposed urban development located in West Philadelphia in Philadelphia, Pennsylvania, United States. The area will be home to eight modern skyscrapers or highri ...
*
List of tallest buildings in Philadelphia
Philadelphia, the largest city in the U.S. state of Pennsylvania, is home to more than 300 completed high-rise buildings up to , and 58 completed skyscrapers of or taller,
References
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Proposed skyscrapers in the United States
Urban development
Multi-building developments in Philadelphia