A “Pennovation Center,” a business incubator that will have lab space and serve as a hub for innovation, will anchor the University of Pennsylvania’s South Bank campus.
The university has unveiled its master plan for 23 acres along the Schuylkill River that used to be owned by DuPont and sits in the Grays Ferry neighborhood of Philadelphia.
The plan is an integral part of Penn Connects 2.0, which is the school’s long-term campus development strategy to add facilities while expanding the amount of open space it has. Penn has constructed four million square feet of new space on its West Philadelphia campus since 2006. At the same time, it has boosted the amount of open space by 25 percent. Read more about the plan for South Bank to become a research park supporting entrepreneurs.
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