Historic office campus to convert into $250m life sciences park

SkyREM has plans to convert Philadelphia’s historic Quartermaster site into the Quartermaster Science + Technology Park. In addition to planned restaurants, a hotel and other amenities, the $250 million mixed-use commercial redevelopment will include wet and dry lab space for both life sciences startups and established companies to conduct full-scale research and development, and bio-manufacturing.

“We had a vision to preserve the legacy of this built-to-last historic Philadelphia landmark and transform it to create a vibrant space where the best and brightest want to innovate, collaborate, and work,” said Alex Dembitzer, CEO and founder of SkyREM, owner of Quartermaster. “As we invest in making a positive impact on the community, the Quartermaster Science + Technology Park will meet the great need for additional quality life science space in the Philadelphia area, one of the largest bioscience clusters in the United States.”

The Quartermaster Science + Techn