Science Center, in a Bid to Become World’s Foremost Science and Technology Commercialization Engine, Breaks Ground for New Laboratory/Office Building

The Science Center will break ground on the first building in its $600 million expansion at 10:00 am. on Monday, October 23, 2006. When completed, the expansion will more than double the Science Center’s campus size from 1.7 million square feet to 3.5 million square feet The new building is part of a real estate and biotech commercialization strategy to position the Science Center and Philadelphia as the premiere science and technology center in the world.

The new building, at 3711 Market Street, will provide 150,000 sq. ft. of laboratory and office space. The ground breaking and reception will highlight the Science Center’s plan to attract international companies to the region, and more innovation and high-paying jobs to Philadelphia. The additional space will enable Science Center companies to remain in University City as they grow.

WHO:

U.S. Congressman Chaka Fattah

State Senator Anthony Williams

State Senator Vincent Hughes

Speaker of the House John Perzel

John Dougherty, Regional Development Authority

Joe Hoeffel, Deputy Secretary, Office of International Business Development Commonwealth of PA (representing Governor Rendell)

Pradip Banerjee, President and CEO, Science Center

Philadelphia Councilmember Jannie Blackwell

 

WHAT:

Groundbreaking reception to kick off phase one of Science Center’s master real estate plan to double in size

 

WHEN:

Monday, October 23, 2006

9:45 A.M. – Press check-in; 10:00 – 11:30 A.M. – Reception

 

WHERE:

The Science Center

3711 Market Street

Philadelphia, PA 19104

(Free parking provided)

 

NOTE:

RSVP: Keith Campbell for Science Center: ScienceCenterRSVP@mbooth.com, 212-481-7000