The developer of Discovery Labs is proposing an additional 1 million square feet of new lab and office space in a dozen buildings on its King of Prussia campus — significantly expanding its footprint and capacity to attract life sciences companies to the site.
Representatives from Discovery Labs presented plans before Upper Merion zoning officials that involve constructing the buildings on what is now existing surface parking lots at 411 Swedeland Road. The development would take place over phases with full buildout of the space targeted by 2030 or 2035. MLP Ventures, the developer of Discovery Labs, has been transforming the former GlaxoSmithKline property into a life sciences hub and another 640,000 square feet at Renaissance Park into Innovation at Renaissance. It bought the former Philadelphia Inquirer printing plant on River Road and has proposed converting it into Innovation 800, an 859,838-square-foot life sciences manufacturing facility.
Separately, the Center for Breakthrough Medicines, which is housed within the 3-million-square-foot Discovery Labs bio-innovation hub, said this week it plans to accelerate its plans to build capacity to manufacture more than 10,000 patient cell therapies.
*Article courtesy of Philadelphia Business Journal
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