U.S. Markets close in 6 hrs 7 mins

Brandywine to overhaul sprawling Main Line office complex (Gallery)

Natalie Kostelni
Brandywine to overhaul sprawling Main Line office complex (Gallery)

Brandywine Realty Trust plans to spend $14 million to upgrade 150 Radnor Financial Center in Radnor with communal gathering spaces, a new café and center with a series of glass-enclosed conference rooms.  The additions also include redesigning a lobby and atrium in the sprawling 350,000-square-foot office building, a lounge area outfitted with a fireplace, television and water features, a patio with Adirondack chairs surrounding a fire pit and a bocci court. Brandywine (NYSE:BDN) joins other suburban and Center City landlords spending millions of dollars to upgrade older office properties with amenities such as conference centers, dining options, a variety of work areas outside of a tenant’s formal office and outdoor gathering spaces. In many cases, these vintage office buildings have become functionally obsolete or no longer meet the needs of today’s discerning tenants who desire contemporary spaces with amenities that can to help improve productivity as well as attract and retain employee talent.