Bridge Business Center shows off Bucks site
Philadelphia Business Journal
November 7, 2008

The Bridge Business Center held an open house on Friday to showcase a newly renovated building on the 30-acre Bucks County campus, a portion of which the Bucks County Community College will begin leasing in January.

BCCC will lease 3,500 square feet of space for chemistry classes, becoming one of the first tenants in the 50,000 square feet of renovated laboratory and research-and- development space.

Keystone Redevelopment LLC, which is redeveloping the Bristol Township parcel that once housed Rohm and Haas Co. Inc. research laboratories, has also received a commitment for another 1,500 square feet of space from a firm involved with laser
spectroscopy R&D and has proposals out to secure commitments for another 18,000 square feet.

The entire park is geared toward attracting life science companies, Robert Loughery, a managing member of Keystone Redevelopment Group said. A total of 170,000 square feet of existing lab and office space is being converted for reuse by life science firms and 60,000 square feet of new industrial flex space will be added to the center, which is located off of Route 413.

“We are not standing in an industry that is completely flat on its back right now, they have challenges but one of the things we can offer them right now is affordable office and research space,” Loughery said of the space, which is being leased in the low to mid teens per square foot. “The closer you can get people to their homes , where they’re not driving as much that adds a lot of opportunity to grow and expand and that is why I think our site in Bucks County will do well.”

The site is located within a state Enterprise Zone and Keystone Innovation Zone, which makes tax breaks and other incentives available to companies that locate there, Loughery said.