Philadelphia YIMBY’s recent visit has observed that construction has still not started at a 328-foot-tall, 29-story residential tower proposed at 33 North 22nd Street in Center City West, though a construction permit was issued in November 2021. Designed by Solomon Cordwell Buenz and developed by the PMC Property Group (which is also listed as the contractor), the building will span 456,380 square feet and offer 341 apartments as well as a garage for use both by the building’s residents as well as customers of the adjacent Trader Joe’s supermarket, which currently uses the outdoor parking lot at the building site, which remained in operation at the time of our visit. Permits list a construction cost of $136 million.
Our visit found that the site still persists as an active parking lot, which is used by shoppers at the adjacent Trader Joe’s supermarket.
33 North 22nd Street will be a great addition to the rapidly developing Center City West district, and we wish to see construction work begin in the near future.
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What are they waiting for?
A beautiful building that will help activate both 22nd St. and JFK Blvd.
It could be banks having collective doubts about the viability of this project due to a possible recession and inflationary issues
Likely worried about over-exposure in the area as well as over-supply as PMC has the recently completed river walk as well as two more residential developments going up on 23rd Street.
Sheesh, from that aerial view- still so many parking lots to be filled. Hope this one gets built ASAP.
Some good news: The surface lot at the southwest corner of 22nd and Market is gone, now the site Morgan Lewis’s headquarters 2222 Market.
Bad news: The surface lots at the northwest and southeast corners 22nd and Market, as well as the one at the southwest corner of 21st and Ludlow, are still present.
Good news: There are proposals for the lots at the southeast corner of 22nd and Market (21M, a mixed use office building) and at the southwest corner of 21st and Ludlow (appropriately called 21st and Ludlow), a multi-family high-rise.
Bad news: The large surface lot at the northwest corner of 22nd and Market (PECO lot) will remain as such for the foreseeable future as PECO has no plans for a more appropriate development.