One of Philly’s largest development projects is on the cusp of breaking ground.
What’s happening: Hilco Redevelopment Partners (HRP) will begin the initial phase of its multibillion-dollar project in South Philly, dubbed the Bellwether District, in the coming months.
- The site spans 1,300 acres along the Schuylkill River and is slated to take 10-15 years to complete.
Why it matters: The development will transform the site of a shuttered, century-old refinery into what’s expected to be one of the country’s largest life science campuses.
- The project, which includes an industrial and logistics area, is estimated to create approximately 19,000 jobs when completed.
- And HRP is conducting a massive environmental cleanup at the site to make the project a reality.
*Article courtesy of Axios Philadelphia
For more information about Philadelphia land sites for sale or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.
Please visit our websites for a full listing of Philadelphia land sites for sale through our Philadelphia commercial real estate brokerage firm.