Bryan Spiegelberg, Ph.D.
The rapidly growing Philadelphia life sciences sector is hungry for lab and manufacturing space. Real estate developers are meeting that demand with ambitious projects to build, rebuild, and overbuild sites to produce facilities that will retain and attract life sciences companies.
These projects are taking advantage of the favorable infrastructure that made Philly a manufacturing powerhouse throughout the 20th century. The reinvention of the Budd Campus as a life sciences manufacturing destination is a shining example. Plymouth Group, in collaboration with Centerbridge Partners, is transforming the former steel processing giant into 2 million square feet of state-of-the art research and manufacturing space. The Budd Campus continues to grow as Colliers Life Sciences, Inc oversees leasing of the facility.