TerraPower Isotopes Anchors 250,000 Square-foot Built-to-Suite Manufacturing Facility at The Bellwether District in Philadelphia
Authors
Tessa Bonnstetter
PHILADELPHIA, PA - April 23, 2026 – JLL announces today, TerraPower Isotopes (TPI) leased a 250,000 square-foot built-to-suit manufacturing facility to support the development of cancer-fighting drugs at The Bellwether District. At 1,300 acres, The Bellwether District is a reimagined former energy refinery developed by HRP Group into a state-of-the-art campus that delivers global infrastructure, world-class talent and an unrivaled consumer base in south and southwest Philadelphia.
TPI's new cGMP Bellwether Laboratory in South Philadelphia will serve as the company's flagship production facility, increasing manufacturing capacity 20-fold and positioning TPI as the premier global distributor of actinium-225 for cancer treatments. TPI conducted an extensive national search before choosing The Bellwether District, assessing more than 350 potential sites across the United States and completing 49 site visits in eight metropolitan areas.
“Philadelphia emerged as the clear choice, driven by its deep pool of specialized talent, proximity to world-class research institutions and a region that has cemented itself as one of the country's premier destinations for GMP manufacturing – underscored by major recent commitments from Merck & Co., Eli Lilly and Johnson & Johnson,” said Tyler Vandegrift and Ron Cariola of JLL in a joint statement. “TPI is the next chapter in that story and we believe it's just the beginning. This is the first domino to fall at The Bellwether District, which has ample capacity to accommodate future growth. We expect this announcement to be a catalyst for significant additional investment and economic opportunity for the region for years to come."
The Bellwether District is comprised of nearly two percent of Philadelphia's total landmass. The 1,300-acre site is strategically positioned less than three miles from Center City, Philadelphia International Airport, I-95 and I-76 – and within five miles of PhilaPort – with direct connectivity to existing rail and maritime infrastructure. Under HRP's vision, the former industrial site is being reborn as a global model of sustainable development and design. There are two sections of the campus – the Innovation Campus and the Industrial Campus.
"The Bellwether District represents one of the most extraordinary development opportunities in the country. With TPI now anchoring the Innovation District, Building A and Building C are available for custom, built-to-suit tenants, both delivering in 2027,” said Joe Colletti, Managing Director at JLL. “The canvas here is unlike anything else in the region. We envision Bellwether as Pennsylvania's premier innovation destination, a place where the world's most forward-thinking companies can build, scale and define the industries of the future."
JLL’s Joe Colletti represented HRP, and JLL’s Tyler Vandegrift and Ron Cariola represented TPI. For more information and for leasing opportunities at Bellwether’s Innovation District, visit JLL.com.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.