The Wistar Institute Signed the Lease for its 8,000-Square-Foot Discovery Center
Early-stage scientific discovery organization The Wistar Institute announced this week that it will open an 8,000-square-foot space at 3.0 University Place at 41st and Market streets to support collaboration among STEM researchers.
The space, dubbed the Wistar Discovery Center, will be on the third floor of the building, and will maintain a long-term lease of 10 years with the option to take over more space within the 250,000-square-foot building. The nonprofit research institution will launch programing with adjacent organizations and aims to create lab partnerships with other companies in the building.
Wistar will maintain its HQ at 36th and Spruce streets.
“The creation of a new Discovery Center at UPA 3.0 will enable Wistar to further expand its educational, research and innovation mission through a unique culture of collaboration and partnership,” Dario Altieri, president and CEO of the Institute, told Technical.ly. “This initiative is expected to function as a powerful catalyst to support the expansion of the burgeoning fields of biotechnology and life sciences in our region.”
Wistar is one of a handful of organizations moving into the space with the intention on collaboration. It joins 3.0 University Place alongside orgs like Ben Franklin Technology Partners (BFTP), which signed a lease in June of last year on an “innovation floor.” The proposed 28,500-square-foot space will focus on supporting early-stage technology-focused companies with incubation space, support services and strategic resources, BFTP said.
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