Delos Aligns With TPP Capital Management Group to Advance Accessibility of Health and Well-Being Solutions Across Qualified Opportunity Zones
PHILADELPHIA, December 6, 2020 /3BL Media/ -- Delos, a global wellness real estate and technology company based in New York, today announced its intended collaboration with TPP Capital Management Group (TPP), a Philadelphia based Black-led social impact private equity fund manager and healthcare real estate development firm, to advance health and wellness through buildings in urban communities. Supported by Forefront, a consultant that will provide on-the- ground support and counsel, the partnership will launch with a focus on evidence-based healthy building strategies and solutions for the Tioga District, a federal qualified opportunity zone and a food, health and wellness desert in Upper North Philadelphia.
Delos and TPP are currently planning on integrating Delos Home Wellness features across 82 workforce housing condominiums for middle-income service workers and 84 fully furnished mixed-Income 55+ senior residences for seniors with chronic medical conditions ( e.g., hypertension, heart disease, diabetes, obesity) and restrictive diets. Among many of Delos’ Home Wellness features is DARWIN™, a system designed to enhance human health and well-being by monitoring, calibrating and responding to changing indoor environmental conditions. The DARWIN network focuses on four main components: air filtration to help eliminate pathogens, allergens, and other airborne pollutants; water purification to remediate water quality concerns; and dynamic circadian lighting and comfort-focused technologies to help improve sleep quality and improve energy levels.
“Delos and its CEO Paul Scialla are the catalysts of the health and wellness building movement, and we are excited about our planned partnership,” said Clinton Bush, Chief Strategic Officer at TPP. “It gives us the competitive edge in innovation and technology to build healthy buildings across our asset class, and to build a healthy community, a healthy environment, a healthy city, a healthy state, and a healthy nation, because a healthy sustainable planet matters, a healthy environment matters, and black and brown health matters.”
In response to COVID-19, Delos will also support TPP and Forefront to bring Delos’ advanced air purification solutions, along with broader health and wellness interventions, to Black urban neighborhoods in qualified opportunity zones throughout the country. Delos was recently selected by the New York City Department of Education to provide its air purification units to NYC schools and will leverage its experience in the education sector as part of this collaboration.
Delos has fostered research collaborations with leading medical institutions, architects, scientists, and wellness thought leaders to introduce wellness standards, programs and solutions into the built environment. Informed by more than eight years of research and rigorous analysis of environmental health impacts on people, Delos and its subsidiaries offer an array of evidence-based technology and solutions for residential, commercial and hospitality spaces.
“Now more important than ever, our health and well-being are fundamental to the economic growth of our communities,” said Scialla, CEO of Delos. “By committing to leverage buildings and shared spaces within the Tioga District as vehicles for public health, TPP is demonstrating tremendous leadership across real estate and city planning, social impact and economic development.”
About Tioga District
The Tioga District will be built in a federal qualified opportunity zone, food, health and wellness desert in Upper North Philadelphia, Pennsylvania’s distressed neighborhood of Tioga with 85.5% Black population, 45% of which have high blood pressure, 43.3% obesity, 19.3% diabetes, 42% of people in poverty, $17,052 median household income and 18% unemployment rate. The District is adjacent to Temple University Health Sciences Campus and Temple University Hospital. As planned, the project beginning construction in the first quarter of 2021 will add to the neighborhood, all within a five city-square-block area, 1,407 residential units for rent or sale, 172,870 square feet of commercial/office space, 107,000 square feet of retail space and 92,392 square feet of pedestrian, streetscape and stormwater improvements.
TPP Capital Management Group (TPP) is a Philadelphia-based Black-led social impact private equity fund manager and healthcare real estate development firm on a mission to change the face of Black health by investing in and transforming as many as five urban blighted and underserved black neighborhoods into integrated and scalable compact, dense and community health, and wellness-centric focused districts over the next 10 years. TPP makes investments of $100MM to $300MM in each neighborhood.
Delos is a wellness real estate and technology company guided by the mission to be the world’s leading catalyst for improving the health and well-being of people around the world by improving the indoor environments where they live, work, sleep and play. Informed by more than seven years of research and rigorous analysis of environmental health impacts on people, Delos and its subsidiaries offer an array of evidence-based technology and solutions for residential, commercial and hospitality spaces. Delos is the founder of the WELL Building Standard™, the premier standard for buildings, interior spaces and communities seeking to implement, validate and measure features that support and advance human health and wellness. Its subsidiary, the International WELL Building Institute, administers and continues WELL’s development and drives market adoption. Delos’ advisory board is comprised of leading professionals across real estate, government policy, medicine and sustainability. For more information about Delos, please visit www.delos.com.