🔬 Why Center City Philadelphia Is the Next Hub for Life Science Innovation

Philadelphia has quietly transformed into one of the fastest-growing life science markets in the country — and nowhere is that growth more visible than in Center City. Surrounded by world-class hospitals, research institutions, and a dense network of biotech talent, Race Street Labs stands at the epicenter of this momentum.


🧠 A Strategic Location in the Heart of Discovery

Located just minutes from Jefferson Health, the University of Pennsylvania, and Drexel University, Center City offers unparalleled access to academic partnerships and clinical resources. Companies based here benefit from being within walking distance to Philadelphia’s strongest medical and research ecosystem — making collaboration effortless and recruitment easy.

At Race Street Labs, tenants are steps away from:

  • Jefferson Hospital and Wistar Institute
  • Suburban Station and 30th Street for regional connectivity
  • Premier dining and housing for staff relocating to Philadelphia

⚗️ Purpose-Built Laboratory Space Designed for Flexibility

Whether you’re an early-stage startup or an established research firm, Race Street Labs provides plug-and-play wet and dry lab suites that can adapt as your company grows.

Features include:

  • Flexible bench layouts and private offices
  • Independent HVAC and enhanced air filtration
  • Gas lines, floor drains, and dedicated power infrastructure
  • Shared amenities such as autoclave, cold storage, and conference facilities

Our turnkey infrastructure reduces downtime — so you can move in and focus on results from day one.


🌐 A Connected Community of Innovators

The Race Street corridor is surrounded by a growing cluster of biotech and medical device companies, creating a synergistic environment where collaboration thrives. By choosing Center City, you’re not just leasing a lab — you’re joining a community built on innovation.

Race Street Labs actively partners with:

  • PIDC and Life Sciences PA to attract early-stage biotech firms
  • Local universities for talent pipelines and grant partnerships
  • Property management and concierge services that simplify operations

🚀 Why Companies Are Relocating to Philadelphia

As Boston and New York lab rates soar, many companies are turning to Philadelphia for affordable, high-quality research space without compromising access to talent or transportation.

The city offers:

  • A lower cost of living for scientists and researchers
  • Access to major NIH-funded institutions
  • A deep pool of technical talent from nearby universities
  • Strategic proximity to the I-95 corridor and international airports

🏙️ Schedule a Private Tour

Philadelphia’s life science ecosystem is expanding — and Race Street Labs is ready to grow with it. Explore flexible lab space tailored to your company’s next phase.

👉 Schedule a tour today at wtprops.com or call 215-833-1102 to learn more about available suites.