PENN CONNECTS | A VISION FOR THE FUTURE

November 19, 2007

Vicki Duncan Adrienne Warrell Richard S. Reid

PENN CONNECTS |
A VISION FOR THE FUTURE
Penn Connects is an ambitious expansion of the University of Pennsylvania’s campus eastward toward the banks of the Schuylkill River and Center City Philadelphia

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PENN CONNECTS |
A VISION FOR THE FUTURE
INCREASED CONNECTIVITY WITH PHILADELPHIA AND GREEN SPACE

ACADEMIC AND RESEARCH DEVELOPMENT OFFICE AND COMMERCIAL DEVELOPMENT

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PENN CONNECTS | A VISION FOR THE FUTURE

INCREASED CONNECTIVITY WITH PHILADELPHIA AND GREEN SPACE

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PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIA AND GREEN SPACE

BRIDGES OF CONNECTIVITY • Living Learning Bridge
• Sports Recreation Bridge • Health Sciences / Cultural Bridge • Research Bridge • Literary and Symbolic Connection - West Campus to East Campus - Penn to Philadelphia

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PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIA AND GREEN SPACE

GREEN SPACE
The expansion plan includes the creation of recreation parks and green space in addition to buildings and parking lots. •Penn Park •Weave Bridge •Palestra Green •Franklin Field Pavilion Open Public Green Space •Athletic Fields •Retail shopping and dining corridor •Art and cultural venues

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PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIA AND GREEN SPACE

INFRASTRUCTURE AND THEGreener Plan ENVIRONMENT Growing
• Climate neutrality • High-performance buildings • Smart land use • Enhanced transportation

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PENN CONNECTS | A VISION FOR THE FUTURE

ACADEMIC AND RESEARCH DEVELOPMENT

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PENN CONNECTS | ACADEMIC AND RESEARCH DEVELOPMENT

OVERVIEW
Key Locations of these new facilities include: •32nd Street and Civic Center Boulevard •3200 Block of Walnut Street •University Avenue and Woodland Walk The new academic facilities are in various stages of completion, construction or planning.  

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PENN CONNECTS | ACADEMIC AND RESEARCH DEVELOPMENT

32ND STREET AND CIVIC CENTER BOULEVARD • New Research Building, School of
Medicine • Perelman Center for Advanced Medicine • Proton Therapy Center  

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PENN CONNECTS | ACADEMIC AND RESEARCH DEVELOPMENT

3200 BLOCK OF WALNUT STREETNanotechnology Center • Krishna P. Singh

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PENN CONNECTS | ACADEMIC AND RESEARCH DEVELOPMENT

UNIVERSITY AVENUE AND WOODLAND WALK • Lynch Biology Laboratory
• Neural-Behavioral Sciences Building

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PENN CONNECTS | A VISION FOR THE FUTURE

OFFICE AND COMMERCIAL DEVELOPMENT

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PENN CONNECTS |OFFICE AND COMMERCIAL DEVELOPMENT

REDEVELOPMENT OF THE POSTAL LANDS City West: Development Center
promotes expansion of Philadelphia CBD into West Philadelphia. Development Highlights: •Large-scale partnership between the University of Pennsylvania and Brandywine Realty Trust •Walnut Street Tower – 500,000 sq. ft. office space – 225-room hotel – 125,000 sq. ft., 50-unit residential condominium. • Chestnut Street Tower • 300,000 sq. ft. for rent residential • 20,000 sq. ft. of lobby retail • Area located in a KOIZ
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PENN CONNECTS |OFFICE AND COMMERCIAL DEVELOPMENT

WALNUT STREET GATEWAY
High rise development lining the south side of Walnut Street across from the Postal Lands Redevelopment. •Creates a new “front door” for the University of Pennsylvania and helps provide better linkage to Center City •Brings together office, commercial, residential, academic and recreational development.

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PENN CONNECTS |OFFICE AND COMMERCIAL DEVELOPMENT

ECONOMIC IMPACT
• Expansion of the Philadelphia CBD into West Philadelphia could promote additional large-scale office development in West Philadelphia in the future. Increased land rent costs in the immediate as well as the surrounding areas. Multiplier effect

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OVERALL ECONOMIC IMPACT Benefits Costs
• • • • Preservation of historic Post Office Multiplier effect Clean-up and improvement of environment Limited impact on neighboring residents because expansion is into area that was industrial not residential, unlike Temple or Columbia, where expansion has effect on neighboring residents. Repositioning of unused industrial corridor to attractive space Lost Post Office jobs replaced by IRS jobs Localization around existing research and commercial facilities Increased marginal productivity Capital deepening Destination Penn • • • Gentrification costs: no longer economically feasible for the area to remain mixed income? Diversion of funds from student services Should Penn take such an active role in the local economy? What are the risks and consequences of too much economic centralization?

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PENN CONNECTS | A VISION FOR THE FUTURE

QUESTIONS AND COMMENTS?

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