Event Recap: Preservation, Affordability, Equity & Culture - The Redevelopment Balancing Act
On April 20, ULI Philadelphia hosted a discussion on how historic preservation can better serve low-income communities.
ULI Philadelphia released its Technical Assistance Panel (TAP) Report on April 29, 2021, summarizing recommendations to encourage investment in life sciences and manufacturing in the Lower Schuylkill District of Philadelphia. The report concludes a study that included interviews with nearly 30 stakeholders and a two-day meeting of real estate and land-use professionals, urban planners and other experts.
The interdisciplinary panel of volunteer experts, at the request of the Philadelphia Industrial Development Corporation, explored a series of questions about how to position this area as an emerging part of a cohesive life sciences district and strategies that can improve access and connection to this area. The panel also identified employment opportunities for nearby residents and the following short-term and long-term recommendations:
The Lower Schuylkill District, Philadelphia’s southern gateway, was used for petroleum refining and heavy industrial operations for more than 150 years. Today, two developable sites are connected by Bartram’s Garden, a 45-acre National Historic Landmark museum and botanical garden along the waterfront. Just four miles from the Philadelphia International Airport and two miles from University City, these two sites present a convenient development opportunity that sets Philadelphia apart from other life sciences cities.
Thomas Dalfo, Senior Vice President, Real Estate Services, PIDC said “We are grateful to the ULI team for their work on this report. And pleased that the group concluded Bartram’s North and South are ideal locations for a biomanufacturing district that will embrace the community while positioning Philadelphia at the forefront of the life sciences world. This Technical Assistance Panel is one of many ways in which PIDC is continuing to engage with stakeholders and collect input. We look forward to our next steps in the process.”
The panel—chaired by Nathan Hommel, Director of Planning and Design, University City District, and Jayne Spector, Director, Design and Planning at Langan Engineering and Environmental Services, Inc. —concluded that the Lower Schuylkill District is an ideal location for a life sciences manufacturing hub and believes that it will be an accelerator for the growth of gene-therapy companies in the region. Encouraged and managed correctly, this growth could strengthen social infrastructure and offer economic opportunities for the residents and small businesses of Southwest Philadelphia. To view the full report, visit philadelphia.uli.org.
ULI Expert Volunteer Panel: