On Thursday the Philadelphia Industrial Development Corporation and Commerce Department released the Lower Schuylkill Master Plan, a blueprint that aims to put 68% of the city’s vacant, industrial land back to work. The plan envisions an “Innovation District” at the northern end of the Lower Schuylkill, just south of University City, where industrial properties will be reused for new ventures spun off from university research.
At this point most of the “Innovation District” is a mix of underutilized or vacant industrial relics. But there is an early outpost that makes the aspirations for new enterprise in the Lower Schuylkill feel real: The University of Pennsylvania’s South Bank campus, a 23-acre former DuPont property along the Gray’s Ferry Crescent that the university plans to transform into a buzzing hive of technology transfer and product innovation. Read more here…
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