Fulton Bank Moves Forward With Fit-Out at 3.0 University Place With Opening Planned for Late Summer 2023
June 01 2023 - 3:45PM
Business Wire
Fulton Bank will occupy first floor retail
space in the new eight-story 250,000 sq. ft. commercial lab and
office building on Market St. at 41st St. in University City.
As 3.0 University Place nears completion, interest in the first
floor retail space is gaining momentum following Fulton Bank’s
decision to lease 2,250 sq. ft. in the life sciences showcase
building.
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“Fulton Bank is one of the premier community banking
organizations in the Mid-Atlantic region and their decision to join
us at 3.0 is already attracting other retail partners,” said Scott
Mazo, developer for 3.0 University Place and CEO of University
Place Associates. “We are in the enviable position of selecting
from a pool of outstanding retail partners to complete the retail
fit-out. These discussions are moving quickly and we expect to have
announcements regarding additional tenants in the near future.”
“Our objective from the start was to build the most
technologically and sustainably advanced life sciences campus in
the country,” said Anthony Maher, President of University Place
Associates. “We have a prime University City location in one of the
hottest life sciences markets in the country and we are on track to
achieve LEED and WELL Platinum certifications to create the
healthiest lab, office and retail space in the United States.”
“We’re excited to be opening another financial center here in
Philadelphia, which will allow us to engage with the local
community in this vibrant neighborhood,” said Curt Myers, Fulton
Financial Corporation Chairman and Chief Executive Officer. “This
is an important part of our strategic growth plan and we are
delighted to partner with University Place Associates on this
project.”
“As we look for locations to expand, proximity to both
commercial and residential areas is a top priority,” said Terry
Cain, Senior Vice President, Corporate Real Estate at Fulton Bank.
“3.0 University Place provides a location that is close to the
University City and West Philadelphia communities in a world-class
lab and office space.”
“With every Fulton Bank project, we try to take advantage of the
unique features the building has to offer and integrate them into
the design of the new space.” said Rosemary Espanol, president of
IEI Group, a local architecture and design firm that has been
working with Fulton Bank on its financial center fit-outs for the
last 15 years. At 3.0 University Place, the inclusion of LEED
principles presented the opportunity for 17-foot-high glazing and
an angled ceiling at the entrance to flood the teller area with
natural light and enhance the banking experience.
“We’re excited that our project is nearing completion, thanks to
our amazing partners, including the McDonald Dale Strategic
Alliance [a partnership of building and construction management
companies and contractors] and The Sheward Partnership, our
building designer, " said Mazo. “They have played a major role in
keeping this project on schedule along with many other suppliers
and their teams.”
Leasing Contact Nadia Bilynsky, MPN Realty 267-546-1718
nbilynsky@mpnrealty.com
About University Place Associates University Place Associates
[UPA] is Philadelphia's leading sustainable and socially conscious
commercial real estate development firm. Based and focused in the
University City area of Philadelphia, UPA is dedicated to creating
the finest quality, state-of-the-art, healthiest commercial
developments in a socially conscious and environmentally
responsible way. UPA also seeks to engage and intersect with the
surrounding residential communities, startup businesses, schools,
and universities, to create local jobs, and attract organizations
hungry for innovation and talent. For more information, please
visit www.upaphila.com and follow @upaphila on Twitter and
UniversityPlaceAssociates on Facebook.
About 3.0 University Place: University Place Associates (UPA),
along with partners Silverstein Properties and Cantor Fitzgerald
have activated an ecosystem of innovation in 2023. 3.0 University
Place, a 250,000 sq. ft. epicenter for life sciences, delivers in
March of 2023 and will be elevating possibilities within
Philadelphia and, ultimately, the world with its state-of-the-art
laboratory space, GMP facilities, vivarium capabilities, and Market
Street retail opportunities. A benefit for cell/gene therapy,
critical cure research, re-imagined lab infrastructure, and optimum
health for all tenants. 3.0 is the first life science building in
the United States to achieve the highest LEED® and WELL® Platinum
certifications and is creating a community with health and wellness
in-mind. For more information, please visit
www.universityplacephl.com and follow @universityplphl on Twitter
and UniversityPlacePHL on Facebook.
About Fulton Bank, N.A. Headquartered in Lancaster, Pa., Fulton
Bank is a premier community bank in the Mid-Atlantic region. As a
subsidiary of Fulton Financial Corporation, a $27 billion financial
services holding company, Fulton Bank offers a broad array of
products and services at more than 200 financial centers across
Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At
Fulton Bank, we seek to change lives for the better by building
strong customer relationships, providing significant community
support and empowering more than 3,300 employees to do the same.
Through the Fulton Forward® initiative, we’re helping build vibrant
communities. Learn more at www.FultonBank.com Fulton Bank, N.A.,
Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20230601005994/en/
Media: Rick Gillespie, for University Place Associates,
215-870-7000 Lacey Dean, Director Corporate Communications, Fulton
Bank, 717-735-8688
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