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. 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. The 175,000 square-foot Global Innovation Center offers lab, as well as office space at space in the Philadelphia Navy Yard. 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. “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.”. 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. 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 … This spirit still permeates today with countless companies choosing our city to put down roots for growth,” said Mayor Kenney. For more information about Synterra, visit www.synterraltd.com. In Navy Yard, there are 8 class A office buildings. 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 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. Future growth will support up to 10 million square feet of commercial and residential development. 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. 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. CBRE today announced the sale of Axalta’s Global Innovation Center located at 1050 Constitution Avenue in Philadelphia’s Navy Yard. 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. Axalta Coating Systems has announced that its new Global Innovation Center will be located at The Navy Yard in Philadelphia, PA. Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. “Five years ago, Axalta showed its commitment to Philadelphia by relocating its global headquarters to Center City. 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. 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. 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 … 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 175,000 square foot Global Innovation Center offers unparalleled specialty labs, as well as office space. Looking for more in-depth information on this property? For Class B office buildings the average office rate is $27/sqft/year. 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