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-   -   PHILADELPHIA | 3400 Market Street | 306 FT | 18 FLOORS (https://skyscraperpage.com/forum/showthread.php?t=216955)

summersm343 May 6, 2015 5:11 AM

PHILADELPHIA | 3400 Market Street | 306 FT | 18 FLOORS
 
3400 Market Street

This 18 story building at the intersection of 34th and Market Streets will further advance the Science Center's mission to create a supportive environment for local entrepreneurs. It will create 450,000 SF of available space for tenants ranging from small start-ups and incubators to institutional clients and major corporations. 3400 Market will further activate the area with it's ground level retail.

http://www.ocfrealty.com/sites/www.o...2934030a_o.png

http://www.ocfrealty.com/sites/www.o...l-1170x500.jpg

Title: 3400 Market Street
Project: Office Space, Commercial space, lab space, retail
Architect: ZGF Architects
Developer: University City Science Center and Wexford Science & Technology
Location: 3400 Market Street, Philadelphia, PA
Neighborhood: University City
District: West Philadelphia
Floors: 18 floors
Height: 306 feet

http://ucitysquare.com/site/userfile...y-Overview.pdf
http://issuu.com/zgfarchitectsllp/do...45747/10513963

christof May 7, 2015 3:14 PM

Is there a construction timeline?

summersm343 May 7, 2015 6:09 PM

No exact timeline yet, but will likely be soon. 3737 Market, which was another Science Center office building totaling 13 floors totaling 334,000 sq feet is now 100% occupied. Office space in University City is 97% occupied.

They have been wanting to develop 3400 Market for a while and now that new renderings are out, it is likely going to be happening soon. Cushman Wakefield (commercial real estate brokers for the site) have signs up on site advertising the space.

summersm343 Jun 2, 2015 4:51 PM

University City Science Center forms partnership with plans to double it's size - add 4 million square feet of office space

Quote:

The University City Science Center and Wexford Science + Technology have formed a partnership that seeks to construct up to 4 million square feet of new space at the innovation hub in West Philadelphia.

The Science Center currently has 1.5 million square feet and has room to expand on 17 acres on properties it owns at 3400 Market St., 3800 Market St. and 3850 Market St.

In addition, Wexford bought the former University City High School property in a partnership with Drexel University. That site totals 17 acres, three which Drexel plans to use while the remaining 14 acres will be developed by Wexford with the Science Center.

The Science Center intends to continue its strategy of constructing high-density, mixed-use projects that will create a cohesive, innovative community that is active throughout the day and not just during business hours.

The Science Center and a developer from Tennessee have teamed up in constructing a residential project at 3601 Market St., which is now being built. Next up?

“Stayed tuned,” Tang said. “We have some very interesting and bold plans that we will announce at the right time. This is step one of a several step journey.”
http://www.bizjournals.com/philadelp...y-wexford.html

Philly Fan Jun 3, 2015 4:40 PM

More on the planned University City Science Center expansion:

University City Science Center seeks to double its space

Larry King Jun 3, 2015 4:49 PM

who the hell is leasing all of this office space

Philly Fan Jun 3, 2015 5:13 PM

Quote:

Originally Posted by Larry King (Post 7049286)
who the hell is leasing all of this office space

From the Inquirer article for which I posted the link:

Quote:

Combining the properties to be developed as a whole gives the partners greater flexibility that can help them build facilities for the big corporations that they hope to attract, said Stephen Tang, the center's chief executive.

"We've got more options in terms of pure real estate," said Tang, who declined to provide a budget for the projects. "The thing that we are very excited about is this ability to create an anchor tenant corporate headquarters or significant corporate site."

Tang mentioned Cambridge, Mass., which has attracted big life science and medical entities such as the Novartis Institutes for Biomedical Research, as a model of what the Philadelphia center is trying to achieve.

Google's placement of a laboratory in Pittsburgh to tap technology talent from Carnegie Mellon University was another example.

"I think those are great candidates for the kind of company we'd love to have here in University City to collaborate with the great institutions that are all around us," such as the University of Pennsylvania, Drexel University, and the Children's Hospital of Philadelphia, he said.
http://www.philly.com/philly/busines...Mx9C1O5cf73.99

MadhattersLT Jun 3, 2015 10:10 PM

Hopefully some of the developments Are more Vertical!!

summersm343 Nov 5, 2015 1:03 AM

Some new signs up are on the site for leasing info.

summersm343 Apr 5, 2016 1:19 AM

New rendering and info from the uCity Square overview PDF

https://scontent-iad3-1.xx.fbcdn.net...22&oe=57BD6D39

https://scontent-iad3-1.xx.fbcdn.net...ff&oe=57B8FE74

https://scontent-iad3-1.xx.fbcdn.net...40&oe=578F890C

http://ucitysquare.com/site/userfile...y-Overview.pdf

mja Apr 5, 2016 1:35 AM

Another angular building with lots of glass. That seems to be a recurring motif in U City these days.

christof Apr 5, 2016 2:51 AM

Comcast's 3rd tower will be built before this is.

Human Scale Apr 5, 2016 3:06 AM

Quote:

Originally Posted by summersm343 (Post 7394691)

If the 'basic bitch' were a building.

http://youtu.be/dKY0FsUEMyw

Cro Burnham Apr 5, 2016 3:06 AM

Quote:

Originally Posted by christof (Post 7394815)
Comcast's 3rd tower will be built before this is.

That's a kind of packed statement. Why do you think so?

jsbrook Apr 5, 2016 12:05 PM

Quote:

Originally Posted by christof (Post 7394815)
Comcast's 3rd tower will be built before this is.

Why? I don't see anything that would indicate this won't be happening or will be long delayed.

PhilliesPhan Apr 5, 2016 1:54 PM

I actually think this tower looks great! Plus, I would rather have this in front of an El stop rather than a surface parking lot. BUILD IT!

christof Apr 5, 2016 2:06 PM

Quote:

Originally Posted by Cro Burnham (Post 7394834)
That's a kind of packed statement. Why do you think so?

Science Center has had plans to develop this piece of land for over a decade. Still nothing. And there is other open parcels that the Science Center controls that will develop before this one does.

boxbot Apr 5, 2016 2:35 PM

Quote:

Originally Posted by Human Scale (Post 7394832)
If the 'basic bitch' were a building.

http://youtu.be/dKY0FsUEMyw

I don't understand what that means, but I assume it's negative. Why the hate? This will be just as impactful in University City as 3737, The Summit and 3601.

Arch+Eng Apr 5, 2016 7:35 PM

I can dig it

summersm343 Sep 22, 2016 11:10 AM

New signage up on site

https://scontent-iad3-1.xx.fbcdn.net...94&oe=587C63B7

christof Sep 22, 2016 2:25 PM

Science Center seems to be dragging on a building they have tenants already for. This one will not be built this decade, if it ever gets built at all.

jsbrook Sep 22, 2016 4:34 PM

Quote:

Originally Posted by christof (Post 7570817)
Science Center seems to be dragging on a building they have tenants already for. This one will not be built this decade, if it ever gets built at all.

Debbie Downer, why all the negative pronouncements in every thread with no facts? And yet you are surprised at University City buildings that are clearly moving forward.

Jawnadelphia Sep 22, 2016 4:52 PM

Maybe after seeing South Park's episode last night on Internet trolling he got inspired.., or the untimely death of the Twitter philly guy (@tombrodude)with the naked man pictures! It's a trolling fest by christof!

christof Sep 23, 2016 12:39 AM

I followed the Science Center since I was an undergrad at Penn in the late 90's. Science Center has its heart in the right place, but the factional ownership structure - dozens of universities, from UD to Lehigh, with the largest being Penn, with single digit ownership, is the fatal flaw.

They have had plans, like the ones for 36th Street for decades. Never been built. Not sure if they will ever be built by the Science Center.

What is painful is the University City High School part. I thought there was a lot of juice behind it, especially with Drexel involved. But I'm getting the impression that Drexel's priority is with the Innovation Neighborhood / Schuylkill Yards and this has become a secondary development.

You need to read the tea leaves.

christof Sep 23, 2016 12:41 AM

Btw - Drexel's Innovation Neighborhood has a significant advantage over Penn's Pennovation plans. Its all about location, location, location, and the Dupont property is a great piece of land, in a terrible spot (transportation wise).

Philly Fan Sep 23, 2016 12:55 AM

Quote:

Originally Posted by christof (Post 7571745)
Btw - Drexel's Innovation Neighborhood has a significant advantage over Penn's Pennovation plans. Its all about location, location, location, and the Dupont property is a great piece of land, in a terrible spot (transportation wise).

I think you're comparing apples to oranges here. The Innovation Neighborhood is intended to be a full-service, fully integrated urban neighborhood with offices, research facilities, residences, restaurants, etc. Pennovation has much more limited ambitions, to essentially be a highly specialized urban office park containing Penn and Penn-affiliated research and development facilities and related small companies and start-ups:

Quote:

The Pennovation Works is the 23-acre property located at the intersection of 34th Street and Grays Ferry Avenue in Philadelphia. This property is designed to be a unique blend of offices, labs and production spaces.

The Pennovation Center is one building on the Pennovation Works site, complete with labs, creative spaces, and coworking areas.
https://www.pennovation.upenn.edu/faqs

christof Sep 23, 2016 11:53 AM

Unless Penn builds some sort of monorail or tram system between the main campus and the Dupont property, the Dupont property will never be properly utilized. Getting to the South campus is hell. I dare you to try one day. Go from 34 and Walnut to the Dupont property, and tell me what you think.

I doubt that some sort of transit system will ever be put in place, since that would cost a lot of money. Long term, it may be best to move a couple of the athletic fields to Dupont and develop that land.

Philly Fan Sep 23, 2016 1:14 PM

Quote:

Originally Posted by christof (Post 7572121)
Unless Penn builds some sort of monorail or tram system between the main campus and the Dupont property, the Dupont property will never be properly utilized. Getting to the South campus is hell. I dare you to try one day. Go from 34 and Walnut to the Dupont property, and tell me what you think.

I doubt that some sort of transit system will ever be put in place, since that would cost a lot of money. Long term, it may be best to move a couple of the athletic fields to Dupont and develop that land.

Penn already provides on-demand transportation from the main campus to Pennovation:

Quote:

Penn Transit Services offers an on-demand shuttle service to Pennovation Works, Monday to Friday from 7:00AM to 7:00 PM to all Penn community members holding a valid PennCard.
https://www.pennovation.upenn.edu/si...%20version.pdf (see page 5)

However, the primary goal is to foster small tech start-ups--and especially those utilizing Penn-developed technologies--by providing specialized lab and co-working space. So many, if not most, of the people working there will NOT be coming from the Penn campus on a regular basis. A couple of years ago, Penn hired a prominent outside planning firm to develop a long-term master plan for this site that allows for flexibility and evolution as needs develop over the next several decades. It's not as if Penn bought the place and suddenly decided to just plop some R&D there. In fact, Penn bought this site because it previously was a light industrial R&D facility, relatively near campus but not on or directly adjoining campus, and it's location was a key factor in the decision to purchase it. Again, it's intended to be essentially a specialized R&D and high-tech industrial park that is fairly close and accessible to Penn without altering the character of the main campus, and is NOT supposed to become the full-blown bustling urban neighborhood that Drexel plans for its Innovation Neighborhood.

christof Sep 23, 2016 2:10 PM

[QUOTE=Philly Fan;7572173]Penn already provides on-demand transportation from the main campus to Pennovation:

I dare you to try and get from Penn campus to the Dupont land during the day. Try it and you will understand what I am saying.


The south campus is 23 acres in size. Pennovation should only take up a segment of that space. Honestly, this is nice piece of land, but I am doubtful it will ever be fully utilized because of logistics.

Philly Fan Sep 23, 2016 2:24 PM

Quote:

Originally Posted by christof (Post 7572249)
I dare you to try and get from Penn campus to the Dupont land during the day. Try it and you will understand what I am saying.


The south campus is 23 acres in size. Pennovation should only take up a segment of that space. Honestly, this is nice piece of land, but I am doubtful it will ever be fully utilized because of logistics.

Dude, you're such a downer these days! Gotta have more faith! :tup: Let's drink a highball at nightfall, with a toast to dear old Penn. :cheers:

summersm343 Nov 15, 2016 3:08 PM

University City sites get Keystone Opportunity Zone extensions

Quote:

Two development sites in the University City neighborhood of Philadelphia have received 10-year extensions on a Keystone Opportunity Zone designation that had been scheduled to expire next year.

The parcels involve 3400 Market St. and 3800 Market St., which are part of the uCity Square mixed-use community that is being developed over the next decade between the University City Science Center and Wexford Science & Technology. The opportunity zones will now expire in December 2026.

Both 3400 Market and 3800 Market are in pre-development but are being marketed to tenants. The proposed building at 3400 Market will stand 16 stories and total 400,000 square feet of office and lab space while 3800 Market is a 19-story, 400,000-square-foot structure.
http://www.bizjournals.com/philadelp...t-wexford.html

summersm343 Nov 17, 2016 3:51 AM

http://ucitysquare.com/wp-content/up...l-1170x500.jpg

Quote:

Currently in pre-development, 3400 Market is a state-of-the-art lab and office building offering ground floor retail and convenient access to public transportation. Within one block of both the University of Pennsylvania and Drexel University campuses, 3400 Market Street provides unprecedented access to a young and talented workforce in the heart of a vibrant innovation district.
http://ucitysquare.com/property/3400-market-street/

1487 Nov 17, 2016 1:26 PM

I will be glad when one of these towers actually breaks ground. There has been a lot of talk and a lot of renderings thrown around but nothing is actually moving forward at the UCity HS site or on Market.

McBane Nov 17, 2016 3:25 PM

Do these uninspired mid-rise glass boxes that are quickly lining up Market Street in Univ City remind anyone else of DC?

Philly Fan Nov 17, 2016 3:49 PM

Quote:

Originally Posted by McBane (Post 7625433)
Do these uninspired mid-rise glass boxes that are quickly lining up Market Street in Univ City remind anyone else of DC?

Yep--I've been thinking that for a while (having grown up in the DC area). :yes:

Parkway Nov 17, 2016 3:49 PM

Even before the lasted round of glass boxes that stretch of Market reminded me of DC.

Groundhog Nov 17, 2016 3:51 PM

I've thought the same for years.

Knight Hospitaller Nov 17, 2016 7:40 PM

Ditto.

Parkway Nov 17, 2016 8:31 PM

I think it's the mix of wide street and shorter, modern buildings.

summersm343 Dec 20, 2016 1:25 AM

Big Project Forthcoming at 3400 Market?

http://www.ocfrealty.com/naked-phill...at-3400-market

1487 Dec 20, 2016 2:17 PM

I did notice the lot consolidation zoning permit a few weeks back. So something is happening.

Scottydont Dec 20, 2016 3:22 PM

Did this thing always have a sloped roof?

Groundhog Dec 20, 2016 4:07 PM

Quote:

Originally Posted by Scottydont (Post 7656740)
Did this thing always have a sloped roof?

I believe so.

So what do people think will get built first of the remaining uCity Square developments - 3400 Market, 3675 Market, 3700 Lancaster or something else?

christof Dec 20, 2016 8:10 PM

Anyone want to guess my odds on this ever getting built?

:)

jsbrook Dec 20, 2016 8:32 PM

Quote:

Originally Posted by christof (Post 7657099)
Anyone want to guess my odds on this ever getting built?

:)

117.114% :tup: :cheers:

1487 Dec 20, 2016 9:17 PM

Quote:

Originally Posted by Groundhog (Post 7656791)
I believe so.

So what do people think will get built first of the remaining uCity Square developments - 3400 Market, 3675 Market, 3700 Lancaster or something else?

3675 is about to break ground. They are about to start drilling- so it will be first.

summersm343 Dec 21, 2016 1:34 AM

Permit up on site - 12/20/2016

https://scontent-lga3-1.xx.fbcdn.net...bc&oe=58E04FE0

mcgrath618 Aug 29, 2017 1:28 PM

Sorry to bump an old thread for something as insignificant as this, but this site has advertisements for leasing space. Not sure if it did before and I never noticed, or if this is a new thing.

summersm343 Aug 29, 2017 11:09 PM

^^It's been there for a little while now... nothing new unfortunately.

summersm343 Jun 11, 2019 1:47 PM

Found this on LoopNet:

https://images1.loopnet.com/i2/4rlpz.../112/image.jpg

https://images1.loopnet.com/i2/Vtofv.../112/image.jpg

https://www.loopnet.com/Listing/3400...ia-PA/4196746/


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