PHILADELPHIA-The Hub, which owns the only privately held LEED Silver rated meeting and event facility in the US, is expanding its presence in here with a third site in the historic Chemical Heritage Foundation building on Chestnut Street. The new space, which will be owned by Chemical Heritage Foundation but managed by the Hub, is scheduled to open the first week of October.

The CHF site will consist of a 5,000-sf exhibit hall featuring the chemical industry’s contributions throughout history and a 14,000 sf meeting space. The space is being built to LEED specifications, although CHF does not plan to pursue LEED certification. Cost of retrofitting the space is estimated to be about $450 per sf.

The expansion is part of CHF’s plan to attract more visitors to the Foundation. “What they wanted was to get more people through the door and make the Foundation a hub of activity for businesses,” explains Hub COO and president Bill Decker. “That’s why they reached out to us. They saw what we deliver and they want us to bring businesses of all shapes and sizes into the facility to have their meetings, and if they learn something about the chemical industry in that afternoon, our mission is accomplished.”

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