National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Hilco Unit Plans “Bellwether District” at Former PES Refinery in South Philadelphia
Hilco Redevelopment Partners (HRP), an operating company within Hilco Global, has announced a new brand and identity for the former PES refinery in South Philadelphia. The 1,300-acre South Philadelphia property will now be called The Bellwether District.
Its name a result of extensive research, The Bellwether District encompasses 2% of the land mass of Philadelphia. As an employment hub, it will generate an estimated 19,000 permanent jobs over 15 years and create a path to long-term professional opportunities for Philadelphia and the surrounding region’s residents, says HRP.
“Nowhere is the story of re-creation and re-envisioning being played out more dramatically than it is here at The Bellwether District in Philadelphia,” said Roberto Perez, CEO of HRP. “The Bellwether District is a holistic, thoughtful reimagining of post-industrial property into a cleaner, greener, and more sustainable workplace for generations of people and businesses.”
- ◦Development
