Hilco Redevelopment breaks ground on vertical construction at The Bellwether District
Hilco Redevelopment Partners (HRP) broke ground on the first phase of vertical construction on The Bellwether District's 1,300-acre South Philadelphia site.
Demolition of the former Philadelphia Energy Solutions refinery is now substantially complete, resulting in a 16 percent reduction in emissions in Philadelphia. The former refinery site will be home to a 14-million-square-foot campus, divided into two main areas: 250 acres dedicated to Innovation and 750 acres for industrial/logistics facilities. The Bellwether District is now poised to transform Philadelphia's innovation ecosystem, building on the life sciences and research infrastructure in nearby University City and bringing supply-chain logistics and advanced manufacturing to the site near Philadelphia International Airport and PhilaPort.
The development of The Bellwether District is projected to create 19,000 direct permanent jobs and nearly 28,000 direct construction jobs over a 10- to 15-year timeline. Today