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 Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. Bryant and Axalta Chief Technology Officer Barry Snyder were joined at todayâs 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. âWhether in color technology, polymer and formulation chemistry, or application knowledge, the world-class capabilities and talent at Axaltaâs Global Innovation Center will fuel new products and deliver the solutions that our customers want to grow their businesses into the future.â. 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. Unlock data on CommercialEdge.com. Environmental Monitoring, Axalta at The Navy Yard, Philadephia, PA Environmental remediation is key to continued development at The Navy Yard â a 348-acre site being developed into a mixed-use campus in Philadelphia. ft. in Navy Yard is $27/sqft/year. As a part of this organizational realignment, Axalta will close its Center City Philadelphia offices. 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. Axalta Global Innovation Center totals 175,000 square feet. Axalta Coating Systems has announced that its new Global Innovation Center will be located at The Navy Yard in Philadelphia, PA. 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 Global Innovation Center was built in 2018. Axalta Opens Worldâs 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 Worldâs 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. Pennsylvania Governor Tom Wolf also provided remarks, heralding Axaltaâs 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. Adaptimmune: 351 Rouse Blvd, Philadelphia, PA 19112 A leader in the development of [â¦] CBRE today announced the sale of Axaltaâs Global Innovation Center located at 1050 Constitution Avenue in Philadelphiaâs Navy Yard. âThe City of Philadelphia is known for the innovative spirit that founded our nation. There are 3 office spaces for lease in the Navy Yard neighborhood, totaling 31,646 Sqft of available office space. For more information about PIDC, visit www.PIDCphila.com and follow us @PIDCphila on Twitter. I thank Axalta for their contributions to our region and wish the company many prosperous years at the Navy Yard.â. Axalta is a leading global coatings provider dedicated to the development, manufacturing, delivery, and service of liquid and powder coatings. For more information visit axalta.com and follow us @Axalta on Twitter and on LinkedIn. 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. Find property characteristics, ownership, tenant details, local market insights and more. The 175,000 square foot Global Innovation Center offers unparalleled specialty labs, as well as office space. For more information about the Navy Yard, please visit www.navyyard.org and follow us @NavyYardPhila on Twitter. Opening in 2018, this 175,000sf Global Innovation Center located in Philadelphiaâs historic Navy Yard, brings research, product development, and technology initiatives together in one location. Axalta will close itsCenter City Philadelphia offices. The 175,000 square foot facility will be home to Axaltaâs global research, product development, and technology initiatives and will partner with the companyâs other technology centers in the Americas, Europe, and Asia-Pacific. Itâs location in Philadelphiaâs historic Navy Yard enables collaboration among Axalta employees, business partners, and customers throughout the Philadelphia area and beyond. 1-855-6 AXALTA. Developing products to suit these and other needs will be the mission of the Global Innovation Center and Axaltaâs worldwide research and development network.â, âThere 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 todayâs 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,â said John Grady, President of PIDC. 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. 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.  The increasing use of light-weight plastic and composite materials in vehicles to save fuel require new coatings formulations. âFive years ago, Axalta showed its commitment to Philadelphia by relocating its global headquarters to Center City. Axalta Opens World's Largest Research & Development Center Dedicated to Coatings and Color at the Navy Yard in Philadelphia - New 175,000 square foot Global Innovation Center at ⦠Axalta, headquartered at Two Commerce Square in Center City, employed 14,000 as of February. Axalta Coating Systems has opened the doors of the worldâs largest coatings research and development center, in Philadelphiaâs master-planned Navy Yard urban development. Today, they open the doors to the Global Innovation Center, bringing new, highly-skilled jobs to Philadelphia. Looking for more in-depth information on this property? 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. 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 move will create 190 new, high-paying jobs. Take a look at these 20 Navy Yard businesses that you could work for in 2020! It ⦠1. 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. 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. In Navy Yard, there are a total of 3 LEED certified office buildings. 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. The average asking office rent per sq. The Class A Office building was completed in 2018 and features a total of 175,000 Sqft. 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. Axalta’s Global Innovation Center on 11th Street (Photo Credit: Halkin Mason Photography), âAxaltaâs 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,â said Robert Bryant, Interim Chief Executive Officer, Axalta. âToday 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,â said John Gattuso, senior vice president and regional director for Liberty Property Trust. The 175,000 square-foot Global Innovation Center offers lab, as well as office space at space in the Philadelphia Navy Yard. CBRE recently arranged the sale of Axaltaâs Global Innovation Center in Philadelphiaâs Navy Yard. COPYRIGHT © PIDC ALL RIGHTS RESERVED – DESIGNED BY LEVLANE. 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. 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. 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 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. There are 3 office spaces for lease in the Navy Yard neighborhood, totaling 31,646 Sqft of available office space. 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. At zip code level, there are 25 commercial properties, of which 12 are office buildings over 50,000 square feet. 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.â. Axalta Opens Worldâs 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 For more information about Liberty Property Trust, visit www.libertyproperty.com. 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 & ⦠Axaltaâs long-term lease at the property expires in the fall of 2037. 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. Employees will shift to either the new global headquarters at its existing offices inGlen Mills, Pennsylvania, or to Axaltaâs Global Innovation Center in the Philadelphia Navy Yard with key technical staff. Axalta, a leading global supplier of liquid and powder coatings, opened its Global Innovation Center at the historic Navy Yard in Philadelphia, Pennsylvania. 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. âRegulations and customer demands call for newer technologically advanced coatings. 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! For Class B office buildings the average office rate is $27/sqft/year. Axalta Global Innovation Center is located at 1050 Constitution Avenue in the Navy Yard neighborhood, PA, Philadelphia, 19112. 1050 Constitution Avenue is located within the Philadelphia Navy Yard complex, one of the premier business parks in ⦠... Two Commerce Square 2001 Market St. Suite 3600 Philadelphia, PA 19103. In Navy Yard, there are 8 class A office buildings. Its location in Philadelphiaâs historic Navy Yard enables collaboration among Axalta employees, business partners, and customers throughout the Philadelphia area and beyond. âWe are proud to gather today with our partners to cut the ribbon on Axaltaâs Global Innovation Center at the Navy Yard and continue this tradition of innovation for years to come.â. Philadelphia, PA â 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. 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