Joseph N. DiStefano
POSTED: THURSDAY, OCTOBER 31, 2013, 9:42 AM
As I first suggested in this Sept. 9 Inquirer story, FMC Corp. has agreed to move its headquarters from 1745 Market St. in Center City to 30th and Walnut Sts., the new tower that Brandywine Realty Trust has been trying to build in University City for the past 5 years. The FMC Tower will rise 47 stories and include 575,000 sq ft of offices, 10,000 sq ft of retail, and 260 apartments. FMC will move 546 workers by June 2016, said spokesman Jim Fitzwater.
FMC will lease 253,000 sq ft for 16 years, the University of Pennsylvania will rent another 100,000 sq ft for 20 years. Brandywine arranged state and city tax breaks for the site back in 2008, before a previous tenant agreement fell through.
Philadelphia beat competing sites in New Jersey and Delaware to keep the headquarters.
http://www.philly.com/philly/blogs/inq-p...tory-West-Philly-tower-FMC-a-tenant.html
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