The 600,000 square feet Spring House Innovation Park in Lower Gwynedd, which bills itself as “the premier, suburban Philadelphia multi-tenant business and research campus” was recently profiled by Philadelphia magazine. The former Rohm & Haas campus is now offering state-of-the-art research and development facilities, build-to-suit laboratories, office/coworking space, and lots of amenities.
From Philadelphia magazine:
Lower Gwynedd Township in Montgomery County is now home to a new innovation hub born of old bones. Spring House Innovation Park (SHIP), a 600,000-square-foot business and research campus, sits on more than 133 acres of land that are being revitalized by real estate development firm MRA Group in the former R&D facility of chemical manufacturer Rohm and Haas.
The developers assumed a massive undertaking when they purchased the then-vacant campus back in 2017. They’ve since spent nearly $50 million, roughly half of what they have earmarked for the project, bringing the dated and poorly maintained campus up to modern standards. More than half of MRA Group’s planned renovations for the site are complete; the rest, including a host of attractive amenities, is currently under construction. But that hasn’t stopped companies from claiming their place on the campus. In October 2019, international cancer diagnostics biotechnology firm AnPac Bio leased a 6,724-square-foot space to establish its U.S. corporate headquarters and the company’s first clinical lab site on the east coast.
Read the full article here.