PSH Announces Office Relocation in Center City, Philadelphia
What happened
The Pennsylvania Horticultural Society is moving its offices from 100 N. 20th St. to a new location at 1900 Market St. in Center City. The organization, which is the nonprofit behind the Philadelphia Flower Show, is undertaking this move as it prepares to mark its 200th anniversary next year. President Matt Rader stated that the current hybrid work schedule, which has been in place since 2022, will change at the new office, requiring employees to work in the office three days a week.
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Why it matters
The move involves the organization downsizing its office footprint from 31,000 square feet to 18,000 square feet. This shift affects the commercial real estate market in the area where the society operates.
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Who's involved
- Pennsylvania Horticultural SocietyOrganization moving offices and hosting the headquarters of the Philadelphia Flower Show.
- PhiladelphiaCity where the society operates and seeks locations.
- Center CityNeighborhood where the organization operates.
- Matt RaderPresident of the Pennsylvania Horticultural Society.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- PhiladelphiaSpeculative
The city might experience shifts in commercial real estate demand due to the organization's office move.
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The entities involved
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Philadelphia
largest city in Pennsylvania, United States
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Pennsylvania Horticultural Society
organization in Philadelphia, United States
Nothing else this week.
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Center City
neighborhood of Philadelphia, PA
Nothing else this week.
Related events
- PSH pop-up garden closes in Manayunk, and the organization is seeking a new location within city limits.
- A new academic initiative focused on urban research in Philadelphia has been launched, involving the Penn Institute for Urban Research and featuring Kasim Reed as inaugural scholar.
- The Pennsylvania Horticultural Society expands its LandCare program into Chester, where Stefan Roots serves as Mayor and PHS President.
- Philadelphia is a major US city as the US invests in fundamental science research focused on KRAS, leveraging institutions like the University of Pennsylvania.
- An investigation began in the Center City neighborhood of Philadelphia.