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Joint Venture To Develop 13-Story Life Science Facility in Philadelphia's University City

Construction on 310,000-Square-Foot Project Set To Begin First Quarter 2023
The life science facility at <bsp-property-link href="http://gateway.costar.com/Gateway/Redir/RedirectToProduct.aspx?productId=1&amp;redirUrl=redir%2FDefault.aspx%3FProductMode%3DProperty%26eid%3D741245" target="_blank" property-id="741245" label="3801 Chestnut St." class="rte2-style-costar-rte-PropertyLinkRichTextElement" link-data="{&quot;cms.site.owner&quot;:{&quot;_ref&quot;:&quot;00000164-904d-d794-ad6f-dcff6d680000&quot;,&quot;_type&quot;:&quot;ae3387cc-b875-31b7-b82d-63fd8d758c20&quot;},&quot;cms.content.publishDate&quot;:1645218512389,&quot;cms.content.publishUser&quot;:{&quot;_ref&quot;:&quot;00000166-b63d-d0e4-ade7-fefd98da0000&quot;,&quot;_type&quot;:&quot;6aa69ae1-35be-30dc-87e9-410da9e1cdcc&quot;},&quot;cms.content.updateDate&quot;:1645218512389,&quot;cms.content.updateUser&quot;:{&quot;_ref&quot;:&quot;00000166-b63d-d0e4-ade7-fefd98da0000&quot;,&quot;_type&quot;:&quot;6aa69ae1-35be-30dc-87e9-410da9e1cdcc&quot;},&quot;linkText&quot;:&quot;3801 Chestnut St.&quot;,&quot;deepLinkId&quot;:&quot;741245&quot;,&quot;link&quot;:{&quot;target&quot;:&quot;NEW&quot;,&quot;attributes&quot;:[{&quot;name&quot;:&quot;property-id&quot;,&quot;value&quot;:&quot;741245&quot;,&quot;_id&quot;:&quot;0000018b-6684-d5c7-a9db-7eae23a90001&quot;,&quot;_type&quot;:&quot;150982d2-afb0-32bc-8e8f-34b38a365261&quot;},{&quot;name&quot;:&quot;label&quot;,&quot;value&quot;:&quot;3801 Chestnut St.&quot;,&quot;_id&quot;:&quot;0000018b-6684-d5c7-a9db-7eae23a90002&quot;,&quot;_type&quot;:&quot;150982d2-afb0-32bc-8e8f-34b38a365261&quot;},{&quot;name&quot;:&quot;class&quot;,&quot;value&quot;:&quot;rte2-style-costar-rte-PropertyLinkRichTextElement&quot;,&quot;_id&quot;:&quot;0000018b-6684-d5c7-a9db-7eae23a90003&quot;,&quot;_type&quot;:&quot;150982d2-afb0-32bc-8e8f-34b38a365261&quot;}],&quot;url&quot;:&quot;http://gateway.costar.com/Gateway/Redir/RedirectToProduct.aspx?productId=1&amp;redirUrl=redir%2FDefault.aspx%3FProductMode%3DProperty%26eid%3D741245&quot;,&quot;_id&quot;:&quot;0000018b-6684-d5c7-a9db-7eae23a90000&quot;,&quot;_type&quot;:&quot;ff658216-e70f-39d0-b660-bdfe57a5599a&quot;},&quot;disableRelation&quot;:false,&quot;_id&quot;:&quot;0000017f-0eaa-d45a-abff-3fbb39930000&quot;,&quot;_type&quot;:&quot;a02711fd-84cb-3e05-af9a-9cc94da9728a&quot;}" data-deep-link-type="property" data-deep-link-id="741245" data-disable-relation="false">3801 Chestnut St.</bsp-property-link> is set to total 310,000 square feet and feature modern lab space to support the growing needs of Philadelphia's renowned and expanding cell and gene therapy ecosystem. (Courtesy of Sterling Bay)
The life science facility at 3801 Chestnut St. is set to total 310,000 square feet and feature modern lab space to support the growing needs of Philadelphia's renowned and expanding cell and gene therapy ecosystem. (Courtesy of Sterling Bay)
By CoStar News Staff
February 18, 2022 | 9:24 P.M.

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Sterling Bay, Harrison Street and Botanic Properties have entered into a joint venture to buy a 33,400-square-foot land parcel in Philadelphia's University City neighborhood to develop a 13-story life science facility.

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News | Joint Venture To Develop 13-Story Life Science Facility in Philadelphia's University City