While the team topped off One uCity Square, a $280 million, 400,000-square-foot life sciences building, it has already turned its sights on designing another project to capture the robust demand for lab space in Philadelphia.
“We have an overflowing pipeline of tenants,” said John Grady, senior vice president at Wexford Science & Technology, which is building uCity Square in partnership with the University City Science Center and Ventas Inc. “We are in discussions with tenants that would fill and exceed the capacity of the building.”
Some of the tenants that Wexford is having discussions with are a combination of those already in the market, newly formed companies and those from outside of Philadelphia seeking to establish a presence in the city, which account for the majority.
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One uCity Square reached the construction milestone of being topped off, or having the last beam of steel placed on the top floor of the structure.