1153 Chestnut Street

Excavation Nears Completion at East Market Phase 3 Residential Tower at 1153 Chestnut Street in Market East, Center City

Number 21 on Philly YIMBY’s December Development Countdown is 1153 Chestnut Street, a 329-foot-tall, 25-story residential tower proposed as part of the two-tower East Market Phase 3 development in Market East, Center City. Designed by Morris Adjmi Architects and developed by National Real Estate Group, the building will rise on the west side of the complex and will feature a blocky yet eye-catching façade of metal, precast terracotta, and glass. The tower will have a total area of 250,000 square feet and it will include 396 units in what will be one of the tallest residential high-rises in the area. Philly YIMBY’s recent site visit revealed that excavation nears completion.

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East Market Phase 3 Towers Prepare For Foundation Work After Site Clearance

Jefferson Health has already made a great impact on the Market East neighborhood in Center City, yet the campus keeps expanding. In December 2017, the hospital has announced a major lease at 1101 Market Street, long known as the Aramark Tower. The expansion continues as Jefferson is planning a 400-foot Jefferson Health Care Specialty Care Pavilion at 1101 Chestnut Street with 750,000 square feet of medical office space, as well as a 329-foot-tall proposal next door at 1153 Chestnut Street, slated to contain 250,000 square feet of residential space. The two towers, collectively known as East Market Phase 3, will replace a block-spanning, mid-rise commercial and garage structure, which has been recently demolished. BLT Architects and Ennead Architects are listed as project designers.

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