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Schuylkill Yards is a $3.5 billion, masterplanned development project by
Brandywine Realty Trust in
West Philadelphia
West Philadelphia, nicknamed West Philly, is a section of the city of Philadelphia. Although 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 n ...
. 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
Drexel University is a private university, private research university with its main campus in Philadelphia, Pennsylvania, United States. Drexel's undergraduate school was founded in 1891 by Anthony Joseph Drexel, Anthony J. Drexel, a financier ...
president
John Fry. This was followed by an announcement in ''
The Philadelphia Inquirer
''The Philadelphia Inquirer'', often referred to simply as ''The Inquirer'', is a daily newspaper headquartered in Philadelphia, Pennsylvania. Founded on June 1, 1829, ''The Philadelphia Inquirer'' is the third-longest continuously operating da ...
''.
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 ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
, or the third tallest if 2901 Arch Street of the
30th Street Station District is built.
See also
*
30th Street Station District
*
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 and skyscrapers up to , and 58 completed skyscrapers of or taller,
References
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Proposed skyscrapers in the United States
Urban planning
Multi-building developments in Philadelphia