The 25th entry on Philly YIMBY’s December 2020 Development Countdown is a 317-foot-tall, 27-story residential tower planned for 709 Chestnut Street in Market East, Center City. The 278-unit building is being developed by Roseland Properties and Parkway Corporation and is designed by Edry McHenry Architects, which recently revealed a rendering of a 350-foot building at 2100 Market Street. The structure will span almost the entirety of the 170-by-170-foot site that currently operates as an active parking lot. Permits have yet to be filed for the project, and no demolition preparations have begun.
The site sits next to the next to the Lincoln Legacy mural on the west face of 707 Chestnut Street.
709 Chestnut Street site looking north. Photo by Thomas Koloski
709 Chestnut Street site looking south. Photo By Thomas Koloski
Lincoln Legacy Mural. Photo by Thomas Koloski
The first proposal appeared in 2015 when HLW International released renderings of a 32-story building. Featuring a mix of glass and stone cladding, that structure was to yield 282 units. The design was changed when Edry McHenry stepped in on the project and revealed an updated design in August 2018. The current proposal features a mostly white stone-clad exterior with narrow columns of windows and gray and yellow accenting throughout.
No completion date has been announced, though the building may be finished by 2023 if construction starts soon.
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