Drexel and Brandywine Realty Trust announced Wednesday an ambitious, 20-year, multibillion dollar project to transform the area around 30th Street Station into the “Schuylkill Yards.”
The 14-acre development, which includes a public park and eight new high-rises, is a centerpiece of Drexel President John Fry’s vision for an “Innovation Neighborhood,” where tech companies and their employees can live, work and play. (Kind of like what the University City Science Center is doing slightly farther west, but at a larger scale.)
During the flashy, hourlong announcement inside a white tent next to 30th Street Station, Fry rattled off names of tech companies and organizations that call University City home, like DreamIt Ventures, First Round Capital and even young 3D-printing startup Orange Maker, which Drexel helped lure to the East Coast.
This is "one of the best days ever in University City," says Drexel prez John Fry. Unveiling "Schuylkill Yards" pic.twitter.com/aHuIgRsSqw
— Technical.ly Philly (@TechnicallyPHL) March 2, 2016
While creating a tech hub in University City is clearly the goal, one term kept coming up again and again during the event: “inclusive development.”
“Inclusion is at the heart of this project,” Fry said. “It’s a value, not a side benefit.”
What he means is that Drexel and Brandywine are committed to making the current residents of nearby Mantua and Powelton Village part of the Schuylkill Yards, rather than pushing them out.
It’s a bold, public promise for Drexel to make and a somewhat groundbreaking one, at that. At the event, the Brookings Institution’s Bruce Katz, who’s working with Drexel on the Schuylkill Yards, said Drexel is “setting a new bar for urban universities” with this promise. He later told us that he’s seen inclusive development on a city-wide scale but not on a district-wide level.
What does inclusive development look like? It’s not entirely clear yet, but one early initiative around this goal is the launch of Science Leadership Academy Middle School, a neighborhood school, at Drexel’s Dornsife Center this fall. (The school is slated to move into the former University City High School site, which Drexel owns and is still being developed. That site is part of the University City Science Center’s $1 billion uCity Square project, another development that has a stated goal of inclusivity.)
John Fry talking BIG game on social inclusion: sustainable social progress on level never done before. NO disruption to fabric of local hood
— Jim Saksa (@Saksappeal) March 2, 2016
Inclusive development is about “investing in every part of the pipeline,” said Lucy Kerman, Vice Provost of University and Community Partnerships at Drexel. The hope, she said, is to educate students from the neighborhood so that they’re ready for the high-tech jobs inside the Schuylkill Yards skyscrapers by the time they’re built.
It’s a big deal to hear an institution like Drexel, which is making an enormous investment in University City, talk about working to make sure that the benefits of the tech scene reach more than just a small few. If it succeeds, this project could help cement Philly’s status as a tech scene that’s known for its diversity and could become a model for other cities to follow.-30-
Here’s the tech powering Temple’s stunning new library
Why scientist Dr. Jaye Gardiner draws comics to encourage diversity in STEM fields
Philly Tech Sistas’ Ashley Turner on why ‘you cannot go at your career alone’
7 biz resources we learned about at Super Meetup Philly 2019
Get equity on your calendar: September is Technologists of Color Month
These are the 13 winners of Philly’s new grant program for underrepresented founders
USciences just announced an MBA program for the business of cannabis
Paid family leave adds to the perks at Chariot Solutions
Sign-up for daily news updates from Technical.ly Philadelphia