On Dec. 3, Gattuso Development Partners announced it has begun construction on a speculative, 130K SF biomanufacturing, lab and office building at 2500 League Island Blvd. in the Philadelphia Navy Yard. The project is backed with joint venture equity capital from Boston-based The Baupost Group and a construction loan from Citizens Bank for what Philadelphia Business Journal reports will cost upward of $50M.
Image: A rendering of Gattuso's speculative life sciences project at 2500 League Island Blvd. in the Philadelphia Navy Yard.
