Brandywine Plotting for Next Steps in Schuykill Yards

Brandywine CEO Jerry Sweeney 'reading economic tea leaves,' won't build next Schuylkill Yards tower on spec

With the first two ground-up buildings at Schuylkill Yards in their final stages of development, Brandywine Realty Trust is plotting its next steps for the third.

Philadelphia-based Brandywine (NYSE: BDN) is relaunching marketing efforts for its planned 800,000-square-foot East Tower at 3001 John F. Kennedy Blvd., but it’s waiting to begin construction until the building is at least 50% pre-leased and the company has confidence in market conditions.

*Article courtesy of Philadelphia Business Journal

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