The first securities exchange to be formed in the United States, the Philadelphia Stock Exchange (PHLX) was created in 1790, and it trades equity, currency and index options. Previously called PHLX, the Philadelphia Stock Exchange was bought by Nasdaq in 2008 and has progressed under Nasdaq primarily due to the independent tech unit maintained in Philadelphia.
Nasdaq engaged Watchdog to provide a full scope of project management services when moving from their location at 1900 Market Street to their new 75,000 SF location in FMC Tower at 2930 Chestnut Street. Tenant fit-out began while the core and shell of the tower were still under construction. The new office includes a private café for Nasdaq employees and a trading floor. Watchdog also needed to make base-building modifications in order to accommodate an intercommunicating stair, which is a primary feature of Nasdaq’s new office space.
A major aspect of the project was managing the build-out of the onsite Critical Data Center (CDC) which required specific generator and infrastructure support. Watchdog coordinated with the building landlord in order to make base building modifications that supported the critical systems involved in Nasdaq’s fit-out. Our team worked on the client’s behalf.