CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Keystone announced it will convert an additional 200,000 square feet of The Curtis for life sciences and biotech to provide the mission-critical infrastructure needed to meet the surging demand for lab space in Philadelphia's Center City.
The reconfiguration will give The Curtis more than 325,000 square feet of laboratory space in the 12-floor, 912,245-square-foot building, creating one of the most dynamic life science ecosystems in the city.
Work will begin in the first quarter of 2023 and include the installation of a state-of-the-art exhaust system that will provide tenants with airflow of 147,000 cubic feet per minute. Additional hot water loops and steam infrastructure for heating and humidification will also be part of the renovations.
"With these improvements in place, tenants can begin envisioning and building their new laboratory facilities today without having to wait for a new building to be constructed — and at rates that are much more attractive than new ground-up University City developments," said Jamie Rash, Regional Director at Keystone. "The combination of technology, infrastructure, and a highly connected location make The Curtis an unparalleled destination for growing biotech companies seeking laboratory space in Center City."
These enhancements are in addition to the unique features that have already made The Curtis a burgeoning hub for life sciences companies seeking space within walking distance of Thomas Jefferson University and other Philadelphia research institutions. They include 15-foot deck-to-deck ceiling heights, 15 watts of power per square foot, 1,100 kilowatts of dedicated life science backup power, vibration-resistant floors capable of supporting 200 pounds per square foot, fresh air intakes, dual power supply, loading dock bays and freight elevators, and venting chases.
For leasing opportunities, contact Tim Conrey of Scheer Partners at (215) 805-5440 or tconrey@scheerpartners.com.
About Keystone
Keystone is a vertically integrated commercial real estate development and investment company. It delivers value for investors and tenants by creating mixed-use developments that revitalize neighborhoods, empower people, and drive productivity and collaboration. Headquartered in West Conshohocken, Pennsylvania, its portfolio of iconic projects attracting world-class companies includes 10 million square feet of office and mixed-use properties with 2 million square feet under development and spans locations along the East Coast. Keystone has offices in Philadelphia; Morristown, New Jersey; and Miami.
For more information, please visit www.keystone.us.
