Longfellow Real Estate to Develop New 455,000 Square Foot Life Sciences Facility at Pennovation Works

Penn announced that Longfellow Real Estate Partners will be developing a 455,000 square foot facility along 34th Street and Grays Ferry Avenue to further expand the life sciences hub at Pennovation Works. Craig Carnaroli, Penn’s Executive Vice President, explained why the time is right for expansion: “The pace of innovation coming out of Penn is astounding. We have brilliant scientists generating a record number of new FDA approvals in the life sciences. We also have the policies in technology transfer to align with industry to bring new life-saving therapies and treatments to market. And, with Pennovation Works, we operate a campus where these ideas can be nurtured into companies.” Read the full story on Penn Today.

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