FS Investments is relocating from the Philadelphia Navy Yard to Brandywine Realty Trust’s new $300 million mixed-use tower at 3025 John F. Kennedy Boulevard in Schuylkill Yards. The 16-year lease will expand FS’s space by 46%, from 80,000 to 117,000 square feet, across four floors in the 28-story tower. FS plans to move nearly 300 local employees by January 2026.

This move marks FS’s third use of Keystone Opportunity Zone tax credits. CEO Michael Forman emphasized that without access to a KOZ building near 30th Street Station, the company might have relocated its headquarters out of Philadelphia. The new space, near major employers like the University of Pennsylvania and Drexel University, offers proximity to transit and high-demand amenities.