Publication

Philadelphia Q3 2024 Life Sciences Market Report

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Market Highlights

  • Comcast Spectacor is considering transforming part of the Fashion District mall into a life sciences hub, alongside the Philadelphia 76ers' proposed plan to build a new arena in Center City.
  • Construction is set to begin next quarter on Innovation 611, a one-million-square-foot campus offering R&D and laboratory space within the Advanced Therapies Park in King of Prussia.
  • Adare Pharma Solutions is investing $16.8 million to move its headquarters to Pennsylvania from New Jersey and upgrade two of its Philadelphia facilities, creating 115 new jobs and retaining 200.

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