Iron Stone Real Estate Partners, which recently acquired part of the former Hahnemann University Hospital complex, plans to offer one of the buildings as research and development laboratories for the Philadelphia region’s growing life sciences sector. The Hahnemann structure Iron Stone selected for labs had housed Hahnemann’s in-house labs. That gives it an advantage over… Read more »
The owner of the sprawling former Budd Co. property in Philadelphia plans to transform it into a biomanufacturing hub, seizing upon Philadelphia’s burgeoning life sciences sector and demand by companies that need the space. Backed by Centerbridge Partners, a New York private equity firm, Plymouth Group envisions a multi-phased, multiyear development of the site that… Read more »
During the throes of the pandemic in the spring of 2020 and in the middle of constructing its new $1.5 billion hospital, Penn Medicine switched gears to focus on creating extra capacity at the building for a potential influx of Covid-19 patients. A little more than a year later, Penn Medicine’s Pavilion is in its… Read more »
