Baltimore-based Cordish Cos. said Thursday that it planned to build an $80 million office building at the Philadelphia Sports Complex, where the city’s professional sports teams play.
The real estate developer will partner with Comcast Spectacor, the entertainment and sports arm of the cable giant Comcast Corp. on Pattison Place, which will include 200,000 square feet of offices with 20,000 square feet of ground-floor retail shops.
The building will rise next to Cordish’s entertainment and retail center Xfinity Live, which also was built with Comcast Spectacor. It is the first of several expected announcements for the expansion of the center that opened in 2012.
“It is incredibly exciting for The Cordish Cos. to grow our partnership with Comcast Spectacor to deliver a signature, Class-A office tower in the heart of the Philadelphia Sports Complex,” Blake Cordish, principal of The Cordish Cos., said in a statement. “Pattison Place will offer first class amenities in an unparalleled location amid Philadelphia’s professional sports teams.”