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.

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 -30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Success in life sciences begets more success: What Philly leaders say about the industry’s growth

Take a look inside Offsite, the Fitler Club’s new luxury coworking space

Philadelphia is having its best year for VC deals since 2000

SPONSORED

Philly

How ShopRunner’s mentorship program is pushing its employees to think beyond their fields

Philadelphia

Vistar Media

Sr. Software Engineer

Apply Now

Blue Bell, PA

Pinnacle 21

Senior Software Engineers

Apply Now

Philadelphia

Vistar Media

Front End Engineer

Apply Now

CIC will host 36 startups in need of ‘space, support and opportunity’ — for free

In 2019, Philly’s gained the most ‘flexible’ work space yet

Exton cell and gene therapy company Fibrocell will be acquired for $63.3M

SPONSORED

Philly

How Relay is helping enterprise clients get proactive about customer engagement

Philadelphia, Pa

Inspire

Event Sales Ambassador

Apply Now

Philadelphia

Linode

Systems Engineer

Apply Now

Philadelphia

Linode

Data Center Operations Engineer

Apply Now

Sign-up for daily news updates from Technical.ly Philadelphia

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