One of the fastest-growing corridors in Philadelphia — thanks to a booming life sciences sector and ever-expanding higher ed institutions — is the stretch along and adjacent to Market Street in University City.

This fall, the region was named seventh in the country for top life sciences clusters, based on the region’s life sciences job base, the amount of lab space inventory and the amount of funding it attracts from investors and the National Institutes of Health.

We’ve ranked above New York City, Seattle and Los Angeles, and while Philly already had a lot of momentum in this industry, CBRE EVP Bob Zwengler told Technical.ly in October that the pandemic has pushed this acceleration even further. Some of the city’s largest life science tenants include Century Therapeutics in University City, with 32,000 square feet. The city has also seen an increase in construction with projects like One uCity Square, a mixed lab and office space coming early next year.

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