University Place Associates (UPA), a leading commercial real estate development firm committed to sustainability and community engagement, has announced that 3.0 University Place, a state-of-the-art life sciences-enabled building located at 4101 Market Street in West Philadelphia, is scheduled for completion and ready for tenant fit-out in April. The building features 25,000 square feet of prime retail space that developers aim to fill with a restaurant, an urgent care center, and a café in the coming months.
“We believe this location would be perfect for a restaurant, which is something the community has expressed a high interest in having in this neighborhood,” said Anthony Maher, President of UPA. “With plenty of outdoor café seating, an expansive sidewalk on all perimeters, and ample parking, the space offers an inviting atmosphere for people to come and enjoy.”
The development of 3.0 University Place is part of UPA’s Platinum Corridor®, a multi-phase, innovative life sciences campus that spans from 39th to 42nd streets on Market and will transform the area into one of the most sustainable, mixed-use urban centers in the country. The Platinum Corridor® represents a vibrant urban community that intersects with surrounding residential communities, businesses, schools, and universities, creating local jobs and attracting organizations hungry for innovation and talent.
UPA has a strong commitment to community engagement and sustainability, which is evident in the various initiatives the company has undertaken. “Community development has been a very important theme for me and my whole development career,” said Scott Mazo, Founder & CEO of UPA. “Doing what we can to include the people living in the neighborhood, and to include their opinions and visions, is all a part of our mission.”
Early on, UPA engaged world-renowned architect Phil Freelon, a Philadelphia native, to lead discussion sessions between the UPA team and neighborhood leaders. These insights provided invaluable input on how to connect the project to the community in meaningful ways.
UPA also collaborated with the Paul Robeson High School, where developers and contractors of 3.0 University Place helped build a new cafeteria for the school. Additionally, UPA worked with West Park community leader Andrea Foster and State Representative Amen Brown to coordinate a day trip to the Poconos for more than 100 community youth. The UPA team also hosted MyWIC (Mentoring Young Women in Construction), a free construction industry day camp for high school girls, to teach them about environmental responsibility in construction.
In addition, UPA is partnering with Fulton Bank to launch a financial literacy program that leverages the services that the community needs and wants. The Lancaster-based bank signed on to become the first retail client on (date) and will occupy approximately 2,250 square feet on the ground floor.
The 250,000 square-foot, eight-story research and discovery hub will feature lab and office space on the upper floors, as well as an expansive 14,000 square-foot green roof. It is the only building in the market to utilize View Smart Glass technology, which incorporates artificial intelligence to automatically adjust in response to the sun, increasing access to natural light and views while minimizing heat and glare.
Located in one of Philadelphia’s most thriving neighborhoods and home to a diverse community of college students, artists, and families, 3.0 University Place is poised to become a landmark destination for visitors and locals alike.