Foundation work is underway for a residential building that was formerly planned at 1153 Chestnut Street in Market East, Center City, as part of the East Market Phase 3 development. Developed by National Real Estate Development, the project is the latest phase of the East Market complex. The work is in progress on the west side of the project, where three stories of underground parking, capped with a public space, are currently planned, though the space may be replaced with a high-rise building in the future. The previous plan, designed by Morris Adjmi Architects, was proposed to stand at 329 feet and 24 stories tall, with an interesting terra cotta cladding.
1153 Chestnut Street
A second tower crane has been erected at East Market Phase 3, the two-tower project under construction at 1101 Chestnut Street and 1153 Chestnut Street in Market East, Center City, two blocks to the south of Reading Terminal Market. The 372-foot Thomas Jefferson Specialty Care Pavilion was designed by Ennead Architects and Stantec, and the 329-foot residential tower to the east is designed by Morris Adjmi Architects. The Jefferson building will have a wavy glass exterior, while the other tower will be clad with glass and orange terracotta with rounded edges. National Real Estate Group is the developer for the project.
Excavation is complete at the massive site for the two-tower East Market Phase 3 project at 1101 Chestnut Street and 1153 Chestnut Street in Market East, Center City. The towers are individually designed by different architects, with the Thomas Jefferson Specialty Care Pavilion designed by Ennead Architects and Stantec and the residential building to the west designed by Morris Adjmi Architects. The gigantic site for the buildings used to be a prewar style parking garage that was purchased by developer National Real Estate Group. Both towers will have a combined square footage of over 712,000 square feet. The Jefferson building will consist of office space and the residential building will have 396 units. The terracotta clad residential building will stand 329 feet tall and the glass clad Jefferson tower will rise 372 feet tall, adding bulk to the skyline near the Loews Hotel and Jefferson Center (formerly Aramark Tower).
Number 22 on Philly YIMBY’s December 2020 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, which will be one of the tallest residential high-rises in the area, will yield 250,000 square feet with 396 units. Philly YIMBY’s recent site visit revealed that excavation is getting close to completion.
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.