LRSM Century Bond Project

Recent Updates:

February 2023

The Century Bond project is complete but that contractors will still have a small presence in the building to support the commissioning process and miscellaneous close-out items.   They are:

  • Final acceptance test of the new emergency generator – one hour – probably 6:00 AM to 7:00 AM; date TBD (noise & electrical blinks)
  • Change out of fire smoke damper at AHU 1 – major weekend shutdown – date TBD
  • Change out of fire smoke dampers at AHU 2 - major weekend shutdown – date TBD

Project Accomplishments:

  • Upgraded building HVAC system. New system meets modern energy efficiency standards and research laboratory requirements.
  • New fume hoods installed throughout building.
  • New sprinkler system servicing entire building.
  • Aging electrical switchgear replaced with new.
  • New emergency power generator.


Archived Construction Presentations

Previous Construction Presentations:

January Construction/Move Town Hall
Slides (PDF)

November Construction/Move Town Hall
Slides (PDF)

Fall 2021 LRSM Construction Town Hall
Slides (PDF)
Zoom Meeting Recording
Student Town Hall Presentation Slides

Updated Project Timeline

An up-to-date project timeline can be found by clicking the link below.

HBS LogoP. Agnes Logo

Project Team

Ruth Macqueen, Project Manager: 215-316-0615
Chris Kern, Director: 215-416-6357

P. Agnes (construction)
Erik Everly, Project Manager: 215-651-1100
Christian Hochstetler, MEP Project Manager: 215-651-0771
John McKeown, Superintendent: 267-738-9464

HBS (move management)
Dave Stepelevich, Executive Vice President: 215-384-8562
Chris Piechnik, Assistant Project Manager: 610-405-8742

Swing Office Space

For the duration of the building’s renovation, we have arranged a swing office space to be available. If you are a graduate student that works on the floor and need temporary dry office space during your lab’s renovation, please email Dave Stepelevich ( and Joanne Titcomb ( as soon as possible. Please include your email and what lab you’re associated with and they will be in touch to assign a desk to you.

Floor by Floor Renovation Timeline

Floor by Phase Dates
6.1 - Basement 5/07/21 - 8/30/21
6.2 - 4th Floor (South) 5/14/21 - 7/30/21
6.3 - 4th Floor (North) 7/23/21 - 10/06/21
6.4 - 3rd Floor (South) 10/4/21 - 12/13/21
6.5 - 3rd Floor (North) 12/10/21 - 2/17/22
6.6 - 2nd Floor (South) 2/14/22 - 4/25/22
6.7 - 2nd Floor (North) 5/18/22 - 7/25/22
6.8 - 1st Floor 5/18/22 - 8/29/22

Floorplans by Phase

Phase 6.1

Phase 6.2 4th Floor S.

Phase 6.3 4th Floor N.

Phase 6.4 3rd Floor S.

Phase 6.5 3rd Floor N.

Phase 6.6 2nd Floor S.

Phase 6.7 2nd Floor N.

Phase 6.8 First Floor

Penn's Century Bond Program

construction of the LRSM building

Construction of the LRSM started in 1962.

Penn's Century Bond program is funded by a $300M bond issued in spring 2012 that has a 100-year term. Of that total, $200M is directed towards financing upgrades in lighting and HVAC systems that support energy efficiency and reduce deferred maintenance. The program will help Penn fulfill its goal of reducing the institution's carbon footprint as outlined in its Climate Action Plan. Of the $200M directed towards energy efficiency upgrades and deferred maintenance, approximately $8.5M has been invested in energy efficient lighting upgrades and $190M is planned for HVAC improvements. The remaining funds will be used for other strategic priority projects.

The utility cost savings realized through lighting upgrades and HVAC upgrades will be used to offset debt service and the principal repayment of the HVAC projects will be used to fund future projects.

More in the History of the LRSM