Philadelphia, PA — GMH Capital Partners, L.P. (GMH) and Wexford Science & Technology, LLC (Wexford) announced “ANOVA at uCity Square,” - a six-story, innovative apartment community in Philadelphia. Located in University City, Philadelphia’s “Cellicon Valley,” ANOVA at uCity Square will offer 461 smart apartment units; 14,000 s/f of ground-floor retail; a 2-level parking garage with 157 spaces; and 12,500 s/f of amenity space for residents. Construction of the development began in March 2020 and is slated to open in August of 2021.
ANOVA at uCity Square is centrally located at 3700 Lancaster Ave. It joins uCity Square - also known as the heart of Philadelphia’s innovation district - a 6.5 million-s/f mixed-use community consisting of retail, residential, clinical, office, and laboratory space concentrated around an open-air public square. uCity Square provides a place for entrepreneurs and experts to connect and collaborate, and is home to companies including Amicus Therapeutics, NRG, Spark Therapeutics, and Penn Medicine. ANOVA at uCity Square will provide the perfect living option for the neighborhood’s growing population of students, young professionals, and third-shift workers adjacent to Drexel University, University of Pennsylvania, Children’s Hospital of Philadelphia, Penn Presbyterian Medical Center, and others.
“At GMH, we see a tremendous value in providing innovative and simplified housing that is designed to meet the growing needs of professionals working in the life science sector,” said Gary Holloway, Jr., president of GMH Capital Partners. “By understanding the needs and busy lives of the innovation district worker and student, GMH is developing and managing communities to provide effortless living to our residents. Through our partnership with Wexford Science & Technology, we believe ANOVA at uCity Square will foster the perfect live-work blend for those entrepreneurs, innovators, healthcare professionals, professors, and graduate students learning or working in the heart of Philadelphia’s innovation district.”