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8/14/2019 Penn Connects 2[1]-2
http://slidepdf.com/reader/full/penn-connects-21-2 1/18
PENN CONNECTS | A VISION
FOR THE FUTURE
November 19,2007
Vicki Duncan
Adrienne WarrellRichard S. Reid
8/14/2019 Penn Connects 2[1]-2
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PENN CONNECTS |A VISION FOR THE FUTURE
.
Penn Connects is anambitious expansion of the University of Pennsylvania’s campuseastward toward thebanks of the SchuylkillRiver and Center CityPhiladelphia
8/14/2019 Penn Connects 2[1]-2
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PENN CONNECTS |A VISION FOR THE FUTUREINCREASED
CONNECTIVITY WITHPHILADELPHIA AND
GREEN SPACEACADEMIC AND
RESEARCHDEVELOPMENT
OFFICE ANDCOMMERCIAL
DEVELOPMENT
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PENN CONNECTS | A VISION FOR THE FUTURE
INCREASEDINCREASED
CONNECTIVITY WITHCONNECTIVITY WITHPHILADELPHIA ANDPHILADELPHIA AND
GREEN SPACEGREEN SPACE
PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIA
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BRIDGES OFCONNECTIVITY
PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIAAND GREEN SPACE
• Living Learning Bridge• Sports Recreation Bridge• Health Sciences / Cultural
Bridge• Research Bridge• Literary and Symbolic
Connection- West Campus to East
Campus- Penn to Philadelphia
PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIA
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GREEN SPACE
PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIAAND GREEN SPACE
The expansion plan includes the creation of
recreation parks and green space inaddition 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
PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIA
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INFRASTRUCTURE ANDTHE ENVIRONMENT
PENN CONNECTS |INCREASED CONNECTIVITY WITH PHILADELPHIAAND GREEN SPACE
Growing Greener Plan• Climate neutrality• High-performance
buildings• Smart land use• Enhanced
transportation
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PENN CONNECTS | A VISION FOR THE FUTURE
ACADEMIC ANDACADEMIC AND
RESEARCHRESEARCHDEVELOPMENTDEVELOPMENT
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OVERVIEW
PENN CONNECTS | ACADEMIC AND RESEARCH DEVELOPMENT
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 variousstages of completion, construction orplanning.
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32ND STREET AND CIVICCENTER BOULEVARD
PENN CONNECTS | ACADEMIC AND RESEARCH DEVELOPMENT
• New Research Building, School of
Medicine• Perelman Center for Advanced Medicine• Proton Therapy Center
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3200 BLOCK OF WALNUTSTREET
PENN CONNECTS | ACADEMIC AND RESEARCH DEVELOPMENT
• Krishna P. Singh Nanotechnology Center
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UNIVERSITY AVENUE ANDWOODLAND WALK
PENN CONNECTS | ACADEMIC AND RESEARCH DEVELOPMENT
• Lynch Biology Laboratory• Neural-Behavioral Sciences Building
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PENN CONNECTS | A VISION FOR THE FUTURE
OFFICE ANDOFFICE AND
COMMERCIALCOMMERCIALDEVELOPMENTDEVELOPMENT
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REDEVELOPMENT OF THEPOSTAL LANDS
PENN CONNECTS |OFFICE AND COMMERCIAL DEVELOPMENT
Center City West: Development
promotes expansion of PhiladelphiaCBD into West Philadelphia.
Development Highlights:•Large-scale partnership betweenthe University of Pennsylvania andBrandywine 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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WALNUT STREET GATEWAY
PENN CONNECTS |OFFICE AND COMMERCIAL DEVELOPMENT
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 toCenter City•Brings together office, commercial, residential,academic and recreational development.
PENN CONNECTS |OFFICE AND COMMERCIAL DEVELOPMENT
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ECONOMIC IMPACT
PENN CONNECTS |OFFICE AND COMMERCIAL DEVELOPMENT
• Expansion of the Philadelphia
CBD into West Philadelphia couldpromote additional large-scaleoffice development in WestPhiladelphia in the future.
• Increased land rent costs in theimmediate as well as thesurrounding areas.
• Multiplier effect
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OVERALL ECONOMICIMPACT Costs
• Gentrification costs: no longereconomically feasible for thearea to remain mixed income?
• Diversion of funds from studentservices
• Should Penn take such an active
role in the local economy? Whatare the risks and consequencesof too much economiccentralization?
Benefits• Preservation of historic Post
Office• Multiplier effect• Clean-up and improvement of
environment• Limited impact on neighboring
residents because expansion isinto area that was industrial notresidential, unlike Temple orColumbia, where expansion haseffect on neighboring residents.
• Repositioning of unusedindustrial corridor to attractive
space• Lost Post Office jobs replaced by
IRS jobs• Localization around existing
research and commercialfacilities
• Increased marginal productivity• Capital deepening• Destination Penn
PENN CONNECTS | A VISION FOR THE FUTURE