The Philadelphia Industrial Development Corporation (PIDC), Philadelphia’s public-private economic development corporation, is seeking proposals from experienced, resourced real estate firms — with knowledge of, and experience in, the life sciences sector— who can provide developer solicitation services for PIDC’s properties within the Lower Schuylkill Innovation District.
Over the last decade PIDC has worked on behalf of the Philadelphia Authority for Industrial Development (PAID) to assemble and remediate two parcels of land located along the western bank of the Schuylkill River in the Southwest Philadelphia neighborhood of Kingsessing. Because these sites are located on either side of the historic Bartram’s Garden, PIDC has designated these parcels as Bartram’s North and Bartram’s South. Consistent with the City of Philadelphia’s Lower Schuylkill Master Plan, PAID has designated these sites for the development of up to one million square feet of cell and gene therapy (CGT) manufacturing space. PIDC is managing all aspects of this development on behalf of PAID.
PIDC is initiating the process of selecting one or more life science developer(s) who will plan, design, permit, attract, and execute modern CGT production and distribution campuses for the Bartram’s North and Bartram’s South sites. Accordingly, PIDC seeks assistance from a real estate firm with whom we will partner to prepare content for the solicitation of qualifications —and then proposals—from developers for the two sites. The scope of work in question will include assisting in positioning the opportunity, creating market awareness, and preparing content for the solicitation of qualifications from developers —or end-users— interested in developing up to one million square feet of state-of-the-art CGT production space. The selected firm will assist PIDC with the process of attracting —and ultimately selecting— qualified developers capable of executing the City of Philadelphia’s vision for the Lower Schuylkill Innovation District.
PIDC envisions a Philadelphia economy that is growing, diversified, and inclusive, producing a high quality of life for all residents, businesses, visitors, and workers. To that end, PIDC deploys its resources to address racial inequality and poverty in Philadelphia. We seek a real estate firm that is aligned with this commitment.