Brandywine Starting $3.5B Schuylkill Yards Project in Philadelphia  

Rendering of Drexel Square portion of Schuylkill Yards redevelopment, Philadelphia, PA

PHILADELPHIA, PA—Brandywine Realty Trust, in partnership with Drexel University, is beginning Phase I construction of the mixed-use, master-planned Schuylkill Yards development in the University City submarket of Philadelphia, PA.

The first phase of the $3.5 billion, multi-year project will create a 1.3-acre community park at the corner of 30^th and Market Streets to be known as Drexel Square, followed by a redesign of the former Philadelphia Bulletin Building, and the development of two towers at 3003 JFK Boulevard and 3025 JFK Boulevard. This first phase of development will produce 4.6 acres of entrepreneurial space, educational facilities, research laboratories, corporate offices, residential and retail spaces, hospitality venues and open public spaces.