Philadelphia YIMBY’s recent site visit has observed that exterior construction is nearing completion at 12+Sansom, a 240-foot-tall, 20-story residential high-rise under construction at 123 South 12th Street (alternately 123-27 South 12th Street) in Midtown Village, Center City. The 370,860-square-foot development will provide 399 rental apartments, as well as 10,844 square feet of retail. The project team consists of Studios Architecture as the design architect, BLT Architects as the architect of record, Greystar Real Estate Partners as the developer, and Clemens Construction Company as the contractor. The construction cost is specified at $132.25 million.
The building rises on the southeast corner of South 12th and Sansom streets, with alley-like Moravian Street and South Jessup Street running to the south and east, respectively. The development makes for a significant improvement for the large, centrally-located property over its previous use, where a multi-level parking garage once stood.
In recent months, construction work has proceeded at a rather rapid pace. Since our last visit in August, when the concrete frame stood only several stories high, the tower has ben topped out and almost entirely covered in its astute, red-hued façade that pays homage to the neighborhood brick-clad historic architecture. We look forward to further progress on the project as it races toward completion.
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It’s called the Jessup House, leasing in Summer 23!
Annnnd it caught fire today
Literally catches on fire next day lmaoo
Not really a fan of the Gold, when the facade started going on, I was hoping that was like a protective wrap that was on it since I can see it from my apartment at 12th and Locust, but I guess at least it stands out.
Too bad Target is not a subscriber, to Yimby, they missed the boat with the 12th and Chestnut Street location closing, but realistically they are kinda of to blame for it themselves, within a 15 minute walk from that location people in WashWest could be at the bigger better location in Rittenhouse or the even bigger better location on Washington Ave. It is not like they could not have had a bigger store, the commercial space in that complex has never been fully occupied, they should have opted for the upstairs space, it is not as though they no experience with customers taking an elevator or escalator up from the street level to get to a Target. Columbia Heights in DC and Washington Ave in Philly both come to mind.
Target closed for the same reason that all the Wawas closed and the Rite Aid and the CVS etc.
Shoplifters now have more rights than shopowners.