Comcast Corp. Announces Major Expansion in Philadelphia
30 Jan, 2014
Comcast Corp. and Liberty Property Trust recently announced they will jointly develop the Comcast Innovation and Technology Center in Center City Philadelphia. The proposed $1.2 billion 59-story, 1,121-foot tower will be a neighbor to Comcast Center, Comcast Corp.’s global headquarters, and become a dedicated home for the company’s growing workforce of technologists, engineers, and software architects.
The facility will also create a media center in the heart of the city by becoming home to the operations of local broadcast television stations NBC 10/WCAU and Telemundo 62/WWSI, and will offer incubator space for local technology startups. The incubator space will be located in the new building to centralize many of Comcast’s technology-based job functions and will include space for some of Philadelphia’s tech startups.
“Liberty is thrilled to again have the opportunity to develop a transformative project for the city of Philadelphia, a project that will significantly contribute to the continuing renaissance of Center City as a forward-looking yet uniquely livable urban environment,” says William P. Hankowsky, chairman and CEO, Liberty Property Trust.
Image courtesy of Select Greater Philadelphia
Source: Select Greater Philadelphia