1200 Market Street

PSFS Building. Image from Hagley Digital Archives

A Look Back at the Construction Of The PSFS Building at 1200 Market Street in Market East, Center City

8:00 am on July 15, 2021 By Thomas Koloski

In the early 1900s, skyscrapers of ever-increasing heights began to rise all over the world, including in Philadelphia. By the late 1920s, the Philadelphia Savings and Fund Society was looking for extra space in the city and was looking to construct a new building for their needs. The PSFS selected architects George Howe and William Edmond Lescaze to design a skyscraper that would stand at 1200 Market Street. Upon its completion in 1932, the PSFS Building not only dominated the skyline with its height of 491 feet and 36 stories, but was also notable as one of the first major International-style skyscrapers in the world.

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PSFS Building. Image from Hagley Digital Archives

A Look Back at the PSFS Building, the First Modern Skyscraper in the United States

8:00 am on March 29, 2021 By Thomas Koloski

The Loews Philadelphia Hotel, formerly known as the PSFS Building, located at 1200 Market Street in the Market East section of Center City, is a remarkable skyscraper for Philadelphia as the building was ahead of its time when it was built. Upon completion, it was the most massive structure in the skyline as the large, T-shaped tower rose almost as high as the clock tower of City Hall. The 36-story building originally stood at a height of 491 feet, the first skyscraper to be built just under the informal Gentleman’s Agreement height limit. The International Style tower was designed by George Howe and William Edmond Lescaze. William later on went to design One New York Plaza just three years before his death in 1969. The developer of the skyscraper was the Philadelphia Savings and Fund Society, which still has their iconic initials attached to the east and west sides of the blue crown above the main roof.

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