Drexel Picks Brandywine to Develop “Innovation Neighborhood”
Drexel University is formally announcing the development partner for its “Innovation Neighborhood” at a ceremony taking place right now in University City. According to invitations released yesterday afternoon, that development partner is Brandywine Realty Trust.
Brandywine will serve as the master developer for the 10-acre plot of land Drexel owns next to its campus in University City. The district, intended as a live/work/play environment designed to encourage commercial development of Drexel research, will have up to 5 million square feet of space when built out.
The Philadelphia Business Journal displayed an invitation to join Drexel and Brandywine as they unveiled “plans for the future of University City” yesterday afternoon; The Philadelphia Inquirer reported that the invitation was sent out to members of the real estate community.