Axalta Global Innovation Center was built in 2018. “Axalta’s team of scientists and technicians at the Global Innovation Center will develop next generation coatings products and keep pace with emerging application needs,” said Barry Snyder, Axalta’s Chief Technology Officer. The company is building a $75 million headquarters and R&D center at the Navy Yard in South Philadelphia, and has bought a series of smaller companies in a bid to stay independent in the fast-consolidating global paints business, where Axalta's global rivals include AkzoNobel's paint division … The front of the building is reminiscent of the classically inspired buildings preserved in the adjacent historic core of the Navy Yard, while the back of the building resembles the lofts and warehouse facilities nearby. After the public ribbon cutting ceremony, Axalta hosted more than 100 customers for a first look of the Global Innovation Center with tours of the facility. Future growth will support up to 10 million square feet of commercial and residential development. Employees will shift to either the new global headquarters at its existing offices inGlen Mills, Pennsylvania, or to Axalta’s Global Innovation Center in the Philadelphia Navy Yard with key technical staff. Axalta Coating Systems has announced that its new Global Innovation Center will be located at The Navy Yard in Philadelphia, PA. The move will create 190 new, high-paying jobs. The 175,000 square-foot Global Innovation Center offers lab, as well as office space at space in the Philadelphia Navy Yard. If there's a temple to color in America, Axalta Coating Systems has erected it, at the former Navy Yard in South Philadelphia. For more information visit axalta.com and follow us @Axalta on Twitter and on LinkedIn. Find property characteristics, ownership, tenant details, local market insights and more. For Class B office buildings the average office rate is $27/sqft/year. Axalta Global Innovation Center totals 175,000 square feet. Axalta, a leading global supplier of liquid and powder coatings, opened its Global Innovation Center at the historic Navy Yard in Philadelphia, Pennsylvania. Philadelphia, PA – Governor Tom Wolf today announced that Axalta Coating Systems, LLC, a global developer and supplier of coatings and application tools, will establish a new research and development facility at the Philadelphia Navy Yard. Environmental Monitoring, Axalta at The Navy Yard, Philadephia, PA Environmental remediation is key to continued development at The Navy Yard — a 348-acre site being developed into a mixed-use campus in Philadelphia. As a part of this organizational realignment, Axalta will close its Center City Philadelphia offices. Adaptimmune: 351 Rouse Blvd, Philadelphia, PA 19112 A leader in the development of […] The 175,000 square foot facility will be home to Axalta’s global research, product development, and technology initiatives and will partner with the company’s other technology centers in the Americas, Europe, and Asia-Pacific. 1050 Constitution Avenue is located within the Philadelphia Navy Yard complex, one of the premier business parks in … For more information about Axalta’s Global Innovation Center, please visit Axalta.com/GlobalInnovationCenter. Axalta Coating Systems has opened the doors of the world’s largest coatings research and development center, in Philadelphia’s master-planned Navy Yard urban development. Unlock data on CommercialEdge.com. In Navy Yard, there are 8 class A office buildings. With more than 150 years of experience in the coatings industry, the approximately 14,000 people of Axalta continue to find ways to serve our more than 100,000 customers in 130 countries better every day with the finest coatings, application systems and technology. Pennsylvania Governor Tom Wolf also provided remarks, heralding Axalta’s economic contributions to the Commonwealth of Pennsylvania with current and future jobs planned for the Global Innovation Center, in addition to those presently provided by the Company in Philadelphia, Glen Mills, and Exton. At zip code level, there are 25 commercial properties, of which 12 are office buildings over 50,000 square feet. Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. “As the hub for vital research and development functions, every detail of the building has been arranged with the intention to excite and inspire all who work or visit. Looking for more in-depth information on this property? CBRE recently arranged the sale of Axalta’s Global Innovation Center in Philadelphia’s Navy Yard. Apex Capital Investments, a U.S.-based real estate investment management firm and a subsidiary of Kuwaiti-based Dimah Capital, acquired the asset for $61.2 million. The office space availability for the 19112 zip code is 31,646 Sqft, in 3 office spaces. Axalta has partnered with Serviam as part of it’s commitment to STEM education, which includes the Axalta All-Pro Teachers Program with the Philadelphia Eagles, the Philadelphia Science Festival with the Franklin Institute, and several other programs that honor STEM educators and students throughout Greater Philadelphia, North America, and other regions globally. Axalta, headquartered at Two Commerce Square in Center City, employed 14,000 as of February. The 175,000-foot Global Innovation Center offers specialty labs, as well as office space. Axalta’s Global Innovation Center on 11th Street (Photo Credit: Halkin Mason Photography), “Axalta’s Global Innovation Center will become the central hub for our global research, product development, and technology initiatives where we develop and deliver the most innovative coatings products in the world,” said Robert Bryant, Interim Chief Executive Officer, Axalta. It sold the Axalta property shortly before its acquisition by San Francisco-based warehouse giant Prologis Inc. closed this week. CBRE today announced the sale of Axalta’s Global Innovation Center located at 1050 Constitution Avenue in Philadelphia’s Navy Yard. Axalta’s long-term lease at the property expires in the fall of 2037. The average asking office rent per sq. For more information about PIDC, visit www.PIDCphila.com and follow us @PIDCphila on Twitter. Axalta, which was called DuPont Performance Coatings when the Carlyle Group bought it from DuPont for $4.9 billion in 2013, employs more than … Axalta Opens World’s Largest Research & Development Center Dedicated to Coatings and Color at the Navy Yard in Philadelphia November 7, 2018 / in News, Press Releases, Tenants, Welcome / by The Navy Yard Axalta, which employs 14,000, earned $499 million in profits last year on sales of $4.6 billion. In 2018, the company opened a 175,000-square-foot Global Innovation Center at the Philadelphia Navy Yard. From light OEM vehicles, commercial vehicles and refinish applications, to industrial electric motors, buildings, and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. 1-855-6 AXALTA. Apex Capital Investments, a U.S.-based real estate investment management firm and a subsidiary of Kuwaiti-based Dimah Capital, acquired the asset for $61.2 million. There are 3 office spaces for lease in the Navy Yard neighborhood, totaling 31,646 Sqft of available office space. Axalta Opens World’s Largest Research & Development Center Dedicated t... https://www.navyyard.org/theyardblog/wp-content/uploads/2018/11/axalata-ribbon.jpg, https://www.navyyard.org/theyardblog/wp-content/uploads/2019/02/Navy-Yard-Logo.jpg, Axalta Opens World’s Largest Research & Development Center Dedicated to Coatings and Color at the Navy Yard in Philadelphia, PIDC Welcomes A New Addition to the Navy Yard Team, Philadelphia Navy Yard Receives Arboretum Status. Take a look at these 20 Navy Yard businesses that you could work for in 2020! For more information about the Navy Yard, please visit www.navyyard.org and follow us @NavyYardPhila on Twitter. The building, which is owned and developed by Liberty Property/Synterra, was designed by Erdy McHenry and merges design elements present throughout the Navy Yard. Axalta Coating Systems Ltd. has moved more than 200 engineers and scientists that were located in Wilmington into a new research facility developed for … Axalta Coating Systems has selected the Navy Yard as the site of a new international research-and-development hub, drawn by the campus' open green spaces, its existing name-brand tenants, and a generous helping of public funds. About Axalta Bryant and Axalta Chief Technology Officer Barry Snyder were joined at today’s ceremony by Philadelphia Mayor Jim Kenney, Councilman Kenyatta Johnson, PIDC President John Grady, Liberty Property Trust Senior Vice President and Regional Director John Gattuso, and Axalta employees. The Navy Yard is a 1,200-acre, dynamic urban development, offering the Philadelphia region a unique and centrally-located waterfront business campus committed to smart … For more information about Synterra, visit www.synterraltd.com. “Today we celebrate this exceptional new building and our strong partnership with Axalta, which entrusted Liberty with the important job of designing and developing their first Global Innovation Center,” said John Gattuso, senior vice president and regional director for Liberty Property Trust. Axalta Global Innovation Center is located at 1050 Constitution Avenue in the Navy Yard neighborhood, PA, Philadelphia, 19112. Axalta Opens World's Largest Research & Development Centre Dedicated to Coatings and Colour at the Navy Yard in Philadelphia, USA New 16,000m2 Global Innovation Center at the Philadelphia Navy Yard - More than 200 engineers and scientists at the forefront of colour and coatings innovation Axalta will close itsCenter City Philadelphia offices. In Navy Yard, there are a total of 3 LEED certified office buildings. It’s location in Philadelphia’s historic Navy Yard enables collaboration among Axalta employees, business partners, and customers throughout the Philadelphia area and beyond. Opening in 2018, this 175,000sf Global Innovation Center located in Philadelphia’s historic Navy Yard, brings research, product development, and technology initiatives together in one location. “Whether in color technology, polymer and formulation chemistry, or application knowledge, the world-class capabilities and talent at Axalta’s Global Innovation Center will fuel new products and deliver the solutions that our customers want to grow their businesses into the future.”. Axalta Global Innovation Center is located at 1050 Constitution Avenue in the Navy Yard neighborhood, PA, Philadelphia, 19112.  The increasing use of light-weight plastic and composite materials in vehicles to save fuel require new coatings formulations. The Class A Office building was completed in 2018 and features a total of 175,000 Sqft. Axalta Opens R&D Center In Philadelphia The 175,000-square-foot Global Innovation Center at the Philadelphia Navy Yard is the world's largest research & … The morning ribbon cutting began with a ceremonial rendition of the national anthem by the choir of Serviam Girls Academy, based in New Castle, Delaware. Axalta, a leading global supplier of liquid and powder coatings, today celebrated the official opening of its Global Innovation Center, the largest coatings research and development (R&D) center in the world, with a ribbon cutting ceremony. I thank Axalta for their contributions to our region and wish the company many prosperous years at the Navy Yard.”. As a historic, thriving waterfront district in Philadelphia, the Navy Yard is bustling with 15k people, 175 companies, and hundreds of career opportunities for all! “Five years ago, Axalta showed its commitment to Philadelphia by relocating its global headquarters to Center City. For more information about Liberty Property Trust, visit www.libertyproperty.com. In the Navy Yard, Axalta will also benefit from the campus-like and collaborative environment set among many other leading-edge companies in their respective fields.”. In 2018, the same year Axalta Global Innovation Center was built, 10 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Philadelphia, featuring 2,242,214 square feet of commercial space. ... Two Commerce Square 2001 Market St. Suite 3600 Philadelphia, PA 19103. The front of the building also features a two-story glass façade to maximize daylight while utilizing angled vanes to reduce glare and shade staff from the low angles of the late afternoon sun. Axalta Coating Systems, a leading global supplier of liquid and powder coatings, announced today that its new Global Innovation Center will be located at The Navy Yard in Philadelphia. Axalta Chairman and CEO Charlie Shaver (Photo: Axalta) NEWS RELEASE Axalta Coating Systems Will Locate New Global Innovation Center at The Navy Yard in Philadelphia 9/9/2015 Global Innovation Center to be Hub of Company's Worldwide R&D and Dynamic Addition to Business Campus COPYRIGHT © PIDC ALL RIGHTS RESERVED – DESIGNED BY LEVLANE. The Class A Office building was completed in 2018 and features a total of 175,000 Sqft. This spirit still permeates today with countless companies choosing our city to put down roots for growth,” said Mayor Kenney. ft. in Navy Yard is $27/sqft/year. Axalta is a leading global coatings provider dedicated to the development, manufacturing, delivery, and service of liquid and powder coatings. Axalta Coating Systems, a leading global supplier of liquid and powder coatings, announced today that its new Global Innovation Center will be located at The Navy Yard in Philadelphia. Its location in Philadelphia’s historic Navy Yard enables collaboration among Axalta employees, business partners, and customers throughout the Philadelphia area and beyond. 1500 John F. Kennedy Blvd, Philadelphia, PA 19102, 100 South Broad Street, Philadelphia, PA 19110, 255 South 17th Street, Philadelphia, PA 19103, 1628 John F. Kennedy Blvd, Philadelphia, PA 19103, 1701 John F. Kennedy Blvd, Philadelphia, PA 19103, 510 Walnut Street, Philadelphia, PA 19106, Feasterville Trevose Office Space Listings, Feasterville Trevose Commercial Real Estate. The 175,000 square foot Global Innovation Center offers unparalleled specialty labs, as well as office space. Axalta employs 14,000 at its plants and paint labs worldwide, including its new central research and development facility at the Navy Yard business center and its Americas offices in Glen Mills. Liberty built the project as the main developer of the Navy Yard’s central business campus before shifting its focus to industrial projects in 2018. 1. “Regulations and customer demands call for newer technologically advanced coatings. The Navy Yard location offers an attractive workplace for new talent, and the Axalta campus was built with researchers in mind, modeling an academic setting with a variety of indoor and outdoor spaces to foster teamwork and creativity. There are 3 office spaces for lease in the Navy Yard neighborhood, totaling 31,646 Sqft of available office space. “We are proud to gather today with our partners to cut the ribbon on Axalta’s Global Innovation Center at the Navy Yard and continue this tradition of innovation for years to come.”. “The City of Philadelphia is known for the innovative spirit that founded our nation. The Navy Yard is considered the most successful redevelopment of a former military facility in the country and today is a growing community where companies and their employees thrive. Developing products to suit these and other needs will be the mission of the Global Innovation Center and Axalta’s worldwide research and development network.”, “There has been a long history of innovation at the Navy Yard, from the design and construction of state-of-the-art battleships and commercial vessels to today’s leading companies working on innovations like therapies to treat cancer, electric microgrids, energy efficiency buildings, and now coatings and color technologies that are used on products all around the world,” said John Grady, President of PIDC. Today, they open the doors to the Global Innovation Center, bringing new, highly-skilled jobs to Philadelphia. 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