Penn Approves Final Design for $77.6 Million Perelman Center
- Jan 30, 2015
The West Philadelphia Title and Trust Company building in University City is ready for a three-year, multi-million renovation and expansion project.
The property’s owner, the University of Pennsylvania, will build a new academic center designed to bring under the same roof the departments of Political Science and Economics in Penn’s School of Arts and Sciences with some of the school’s most popular majors such as economics, political science, international relations and the interdisciplinary philosophy, politics and economics program.
The University of Pennsylvania Board of Trustees recently green-lighted KPMB Architects’ design plans for the building, which will be renamed into the Ronald O. Perelman Center for Political Science and Economics. Penn News reports that construction at the 100,000-square-foot center is scheduled to start in December this year, with an anticipated completion date set for January 2018.
Plans for the new academic center were revealed in early 2013. The University of Pennsylvania received a $25 million donation from Ronald O. Perelman, a University of Pennsylvania alumnus.
To complete the $77.6 million project, the development team will rehab the existing 9-story building located at 133 S. 36th Street in the heart of Penn’s campus, which totals 54,440 square feet and was designed by Davis, Dunlap, & Barney in the mid-1920s. The structure will be expanded to the north with a 56,700-square-foot addition that will resonate with the vertical style of the historic West Philadelphia Title and Trust Company building. The two structures will be connected, according to project details revealed by the university, and will include an auditorium, class rooms, offices and lounge space for the departments and programs that will relocate in the new center.
Rendering courtesy of KPMB Architects