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Discovery Labs Proposes $500M Co-Working Project for Healthcare, Life Science, Tech Sectors

Discovery Labs is targeting major markets across the US and also has several international locations in its plans as well. Target domestic markets include: Boston; New York City; Northern New Jersey; Washington, DC; Raleigh-Durham, NC; Chicago, Houston, Austin, San Diego, Los Angeles, San Francisco and Seattle.

The exterior of the 1-million-square foot Discovery Labs in Upper Merion, PA The exterior of the 1-million-square foot Discovery Labs in Upper Merion, PA

PHILADELPHIA—Discovery Labs announced today at the Bio 2019 conference here it will embark on a $500-million project that will be part of an even larger initiative intended to create the largest co-working ecosystem for healthcare, life sciences and technology-enabled companies in the nation.

The King of Prussia-based firm, a platform company formed by Radnor, PA-based MLP Ventures, stated at the conference at the Pennsylvania Convention Center in Philadelphia today that it intends to redevelop GlaxoSmithKline’s 1-million square foot Upper Merion West Campus and the 640,000 Innovation at Renaissance Campus in King of Prussia into co-working facilities for the for healthcare, life sciences and technology sectors.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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