26-30 South 21st Street

26-30 South 21st Street. Credit: Parkway Corporation

Parking Lot Awaits Development at 26-30 South 21st Street in Center City West

Parkway Corporation, the proprietor of multiple parking lots and other real estate in Center City and beyond, seeks to redevelop a parking lot, likely in conjunction with a partner, at 26-30 South 21st Street in Center City West. The 26,127-square-foot, L-shaped site is bounded by 21st Street to the east, Van Pelt Street to the west, and Ludlow Street to the north. According to Parkway documentation, the site is situated within a CMX-4 mixed-use district and can accommodate 130,635 square feet of built space at a floor-to-area ratio of 5:1, or 313,524 square feet of space at an FAR of 12:1. With the right design, and height limits notwithstanding, the site may accommodate a development rising around 30 or so stories.

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