The new owners of a 34-acre office and life sciences campus in Montgomery County have launched a major renovation and expansion of the property, writes Paul Schwedelson for the Philadelphia Business Journal. 

David Werner Real Estate Investments and GreenBarn Investment Group, New York-based partners, plan to add up to 1.4 million square feet of new office, lab, and manufacturing space to The Bridge at Collegeville.

The plan is to increase the size of the 1.9 million-square-foot campus by about 75 percent to attract more life sciences tenants.

The work will also include renovations to existing space, and adding a variety of luxury lifestyle amenities. 

David Werner said in a statement that the redevelopment project will elevate the campus “into a world-class facility.”

“The Bridge represents an outstanding opportunity to take advantage of robust demand for state-of-the-art life sciences research and office space in the Philadelphia metro market,” he added. 

Specific renovation plans include a new entrance to the atrium, a new fitness center, a golf simulator, pickleball courts, an outdoor fire pit, an amenity center, and a food truck plaza.

Werner and GreenBarn paid a reported $180 million to acquire The Bridge at Collegeville from Pfizer in August 2023.

Read more about the planned redevelopment of The Bridge in the Philadelphia Business Journal.

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