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PENN CONNECTS | A VISION

FOR THE FUTURE

November 19,2007

Vicki Duncan

Adrienne WarrellRichard S. Reid

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PENN CONNECTS |A VISION FOR THE FUTURE

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Penn Connects is anambitious expansion of the University of Pennsylvania’s campuseastward toward thebanks of the SchuylkillRiver and Center CityPhiladelphia

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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

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PENN CONNECTS | A VISION FOR THE FUTURE

QUESTIONS ANDQUESTIONS AND

COMMENTS?COMMENTS?