Pharma-Biotech Industry Leads Pennsylvania's $10.2 Billion in Projects Under Construction

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than $10.2 billion worth of projects that are presently under construction in Pennsylvania. With more than $5 billion worth of projects underway, the Pharmaceutical-Biotech Industry leads the state in terms of the value of construction, followed by the Industrial Manufacturing Industry.

Among Pennsylvania's largest projects in the life sciences category is Children's Hospital of Philadelphia's (Philadelphia, Pennsylvania) pediatric research and development center at its Philadelphia campus. Construction of the facility began late last year and entails building a 14-story, 350,000-square-foot building, equipped with laboratory space and meeting the Silver certification for the Leadership in Energy and Environmental Design (LEED) program. General contractor Gilbane Building Company is expected to wrap up the project in mid-2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pharma-Biotech Project Database can click here for the project report.

Another significant Pharma-Biotech project kicked off in Philadelphia earlier this year. Drexel University (Philadelphia) is in the midst of constructing an 11-story, 509,000-square-foot research facility boasting LEED Gold certification. Drexel will occupy about 60,000 square feet of the building, while the remainder is planned to house multiple life science firms. The building will include 68,000 square feet dedicated to biomanufacturing. Construction is expected to be completed next year. Subscribers can click here for more details on the project.

Other Industries
Among Pennsylvania's largest projects under construction is the addition of a new terminal at the Pittsburgh International Airport. Multiple contractors are responsible for different aspects of the $1 billion+ project, which includes an 811,000-square-foot terminal along with roads, bridges, baggage handling and utility systems, a 3,000-space parking garage and a ground transportation center. The project kicked off in 2021, and the facilities are expected to be in operation by early 2025. Subscribers to Industrial Info's Industrial Manufacturing Project Database can click here for more information.

Rounding out the state's top three industries by project value is the Power Industry, thanks largely to solar projects cropping up throughout the state. Nearing completion is the 70-megawatt Adams photovoltaic solar farm in York Springs. Construction began earlier this year and entails installing approximately 146,000 solar panels manufactured by First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona). The project is expected to be completed by the end of this year. Subscribers to Industrial Info's Power Project Database can click here for more information.

Keeping pace in the energy transition era, Waste Management Incorporated (NYSE:WM) (Houston, Texas) is constructing a grassroot renewable natural gas (RNG) plant at a landfill in Fairless Hills. The facility will capture methane generated from the area and process it into pipeline-quality RNG for a nearby commercial gas-distribution network. The facility is expected to be completed toward the end of next year. Subscribers to Industrial Info's Alternative Fuels Project Database can click here for the project report.

In its hometown of Hershey, Pennsylvania, The Hershey Company (NYSE:HSY) is constructing a grassroot confectionary production plant. According to local news media, the 249,000-square-foot facility will produce iconic candy brands like Kit-Kat, Reese's and Hershey's lines of products. The project kicked off earlier this year and is expected to be completed next summer. Subscribers to Industrial Info's Food & Beverage Project Database can click here for more project details.

Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).