3.0 University Place will solidify Philadelphia’s standing as a top city for the life sciences industry to call home
3.0 University Place 41st & Market St.
Provided Courtesy/University Place Associates
by Peter Key, Sponsored by University Place Associates
Content sponsored by
Philadelphia has become one of the top places in the country for companies
developing cellular and genetic therapies, and the latest project by
University Place Associates and Silverstein Properties is being built to
accommodate them.
Located at 4101 Market St.,
3.0 University Place
is designed to make it easy for life sciences companies to set up and run
cutting-edge labs while also immersing themselves in all the amenities the
surrounding neighborhood has to offer.
3.0 University Place is the second building in a four-building campus being
developed by the sustainable and socially conscious commercial real estate
firm.
"The University Place Campus is poised to become the epitome of sustainable
urban development along Market Street," emphasized Scott Mazo, the visionary
Founder and CEO of University Place Associates.
Provided Courtesy/University Place AssociatesThe Park @ 3.0 (Green Roof)Lab space
3.0 University Place was designed to
house firms doing laboratory research, such as the life sciences firms
developing cell and gene therapies.
"The University Place Campus has set a new benchmark
for laboratory infrastructure within the city," emphasized Anthony Maher,
President of University Place Associates. "Our unwavering commitment to
excellence in design and engineering has resulted in the creation of a
facility that offers the most robust and advanced laboratory infrastructure
available. This cutting-edge environment provides researchers and scientists
with the resources they need to push the boundaries of innovation and make
groundbreaking discoveries. We are proud to offer a space that not only
meets but exceeds the demanding requirements of today's scientific
community, positioning the University Place Campus as a beacon of scientific
progress and collaboration."
That infrastructure includes two empty shafts that run from the second floor
to the roof and can be accessed on all floors. This allows tenants to
connect to mechanical equipment from different floors. That makes it easy
for tenants to get such things as compressed air and gasses for their labs.
Additionally, every floor in 3.0 University Place is set up to handle
chemical waste disposal, eliminating the need to hire external companies to
come and remove hazardous waste.
3.0 University Place exceeds Life Science Vibration Criteria. The Vibration
Criteria (VC) curves were developed as generic vibration criteria for
vibration-sensitive equipment for use in the semiconductor, medical, and
biopharmaceutical industries, but have found application in a wide variety
of technological applications. These criteria take the form of a set of
one-third octave band RMS velocity spectra and apply to vibration measured
in the vertical and two horizontal axes. Life science tenants typically
require ambient vibration levels of VC-A or VC-B in their space.
"As a testament to its exceptional life science design and construction, I am proud to state that 3.0 University Place building infrastructure exceeds all life science criteria and is the epitome of strength within the vibrant life sciences community of University City," remarked Maher, emphasizing its unmatched building resilience and suitability for supporting breakthroughs in the life sciences industry.
Provided Courtesy/University Place Associates3.0 University Place 42nd & Market St.LEED and WELL
On top of that, the eight-story, 250,000-square foot structure is on track
to be the first LEED and WELL Platinum certified lab building in the world.
LEED, which stands for Leadership in Environmental and Energy Design, is the
most widely used system for rating buildings by how environmentally friendly
they are in everything from materials to energy consumption.
The WELL Building Standard is a
set of guidelines for designing everything from single rooms to entire
organizations so that they promote connection, as well as mental and
physical health.
For a lab building to attain LEED and WELL Platinum certifications, it must
meet criteria in energy efficiency, sustainable materials, water
conservation, indoor environmental quality, natural light, thermal comfort
and acoustics.
The certifications are a selling point to tenants of 3.0 University Place
for several reasons. The energy and water conservation measures can save
them money. The focus on indoor environmental quality makes for a healthier
and more productive workspace. And being in such a building provides
organizations with a way to show their workers they care about more than
just the bottom line.
Windows and roof
One of the building’s more high-tech energy-conservation features is
smart-glass technology that enables its windows to tint automatically.
But the building’s most striking environmental feature is probably The Park
at 3.0, a 14,000-plus square foot green roof above part of the first floor,
which is two stories in height. The green roof will be landscaped with
native plants and trees and feature a walkway for exercising and benches for
relaxing. It also will have a rainwater collection system, enabling the
building to save 300,000 gallons of water per month. That’s all the water
necessary to irrigate the roof and a little more than 30 percent of the
water needed to cool the building’s mechanical equipment.
Provided Courtesy/University Place AssociatesThe Park @ 3.0 (Green Roof)Tenants
The ground floor will feature 25,000 feet of retail space, 14,000 feet of
which will be occupied by Fulton Bank. Other tenants will include a
fast-casual restaurant, coffee shop and bakery. The floor also will have
entertainment space.
As befits Maher’s former position as head of co-working space operator 1776,
University Place Associates originally targeted small and/or young life
sciences companies as tenants for 3.0 University Place. When the building
attracted interest from larger tenants, he decided to pursue larger
companies that could serve as anchor tenants.
Campus
Despite its name, 3.0 University Place is the second building that
University Place Associates has developed in University City. The first is
2.0 University Place, a five-story, 98,000 square foot office building at 30
N. 41st St., which is just north of 3.0 University Place.
There is no 1.0 University Place, but Maher gives that designation to the
affordable housing units that Mazo built over 25 years in West Philadelphia.
University Place Associates is planning to develop two more buildings to
form a campus. 4.0 University Place will be a 450,000 square foot
life-sciences facility located on the east side of 41st Street now occupied
by a Rite Aid. 5.0 University Place would bring the campus to four buildings
totaling 1 million square feet of space.
Mazo said he could see both buildings being completed within five years.
By then, they could have plenty of company. Quaker Lane Capital is planning
a
12-story, 350-unit apartment building
for 40th and Filbert Streets. Wexford Science + Technology is working on
developing a life sciences
research complex and grocery store
on Market Street between 38th and 39th streets. And Chicago-based Sterling
Bay and New York-based Botanic Properties are planning a 13-story
laboratory and office building
at 38th and Chestnut Streets.
3.0 University Place will set the
standard in Philadelphia for life sciences companies looking for
state-of-the-art facilities to call home. And with plans for further
expansion, the University Place campus has the potential to solidify the
city’s status as a leading hub for the cellular and genetic therapy
industry.
by Peter Key, Sponsored by University Place Associates