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.
Terms of the partnership were not disclosed. However, Wexford, which is a division of BioMed Realty, has been involved in developing three projects — 3701 Market St., 3711 Market St. and 3737 Market St. — with the Science Center, which offers lab and office space, as well as support services to entrepreneurs and other established companies. Those developments involved lab, office and clinical spaces, parking and retail spaces and gave the Science Center a certain level of comfort with the company.
“It was an opportunity for us to look in the future and do more,” said Stephen S. Tang, president and chief executive officer of the Science Center. “We have worked with Wexford on three projects so far and had a great experience working with them."
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