Here's a look at the city's newest collaborative workspace for the life sciences, right on Drexel's campus - Technical.ly Philly

Business

Dec. 2, 2015 3:10 pm

Here’s a look at the city’s newest collaborative workspace for the life sciences, right on Drexel’s campus

Another piece of Drexel's “Innovation Neighborhood” falls into place.

One Drexel Plaza is launching a collaborative workspace for health IT companies and service providers.

(Courtesy photo)

Life sciences companies have a new home at Drexel.

A real estate development company called PHL Next Stage Med is launching a 20,800-square-foot shared office space for health IT and medical device companies on the first floor of Drexel’s One Drexel Plaza (3001 Market St.).

Like many shared office spaces, it’s meant to be a place for companies that aren’t quite ready for their own space and a longterm lease, said PHL Next Stage Med cofounder Richard Hayden. It feels like an alternative to the University City Science Center, which also houses life sciences companies but generally in private offices.

The four-floor One Drexel Plaza building is currently a mix of classrooms and office spaces, so the new coworking space is a way for Drexel to turn the building into part of its “Innovation Neighborhood” vision.

Inside the new coworking space at One Drexel Plaza.

Inside the new coworking space at One Drexel Plaza. (Courtesy photo)

A mix of life sciences companies and service providers are moving into the space. Initially, there’s more of an emphasis on medical device companies, rather health IT. Here’s a look at the early tenants:

phl next stage med2

(Courtesy photo)

This is PHL Next Stage Med’s first project, said Hayden, an attorney with Saul Ewing.

The PHL Next Stage Med team is made up of three husband-and-wife pairs: Richard and Kathy Hayden, Rob and Lynn Reisley and Mike and Annette Turner.

Reisley runs a private equity investment firm called Evergreen Industries, where PACT CEO Dean Miller is a partner. Reisley’s on the board of Basho, the Cambridge, Mass.-based big data company that makes Riak, according to his LinkedIn.

You must appreciate accurate, relevant and productive community journalism.  Support this sort of work from professional reporters with seasoned editors.  Become a Technical.ly member for $12 per month
Organizations: Drexel University
-30-
LEAVE A COMMENT

Advertisement

Pitch to win up to $360,000 in funding at WeWork’s Creator Awards

CHOP spinout Bainbridge Health raises $1.6 million to expand mission, team

At Dreamit’s HealthTech Demo Day, a penchant for machine learning and AI

SPONSORED

Philly

Pitch to win up to $360,000 in funding at WeWork’s Creator Awards

Chesterbrook, PA

Deacom

EDI Specialist

Apply Now
Philadelphia, PA

Linode

Data Center Operations Specialist

Apply Now
Philadelphia

Perpay

Product Designer

Apply Now

This new startup is turning Philly restaurants into daytime coworking spaces

Leadership shift at 1776: Jenn Maher named sole CEO

1776’s Ambler Yards location is officially open

SPONSORED

Philly

Vistar Media’s tech stack is not for the faint-of-heart

Philadelphia

Practice

Director of Sales

Apply Now
Philadelphia, PA - Old City

WebLinc

Agile Project Manager

Apply Now
Conshohocken, Pa

ShopRunner

Lead UI Engineer

Apply Now

Sign-up for daily news updates from Technical.ly

Do NOT follow this link or you will be banned from the site!