Center City

735 Arch Street. Credit: Parkway Corporation

Parking Lot Available for Nearly 200,000-Square-Foot Development at 735 Arch Street in Market East, Center City

7:30 am on December 11, 2021 By Vitali Ogorodnikov

Developer Parkway Corporation is looking to redevelop a 39,564-square-foot parking lot at 735 Arch Street in Market East, Center City, into a building that may yield 197,820 square feet with a floor-to-area ratio of 5:1. No permits have been filed for the site nor have any specific proposals, if they exist, been revealed to the public. It appears that Parkway is currently seeking a development partner or anchor tenant, given that the parcel is listed in its “opportunities” section. The lot is situated within a Federal Opportunity Zone, an economic development program that encourages investment in specially designated “distressed areas” by providing major tax incentives to developers.

702 Sansom Street. Credit: SLCE Architects

The 22nd Place on Philly YIMBY’s December Countdown Goes to 24-Story Tower Planned at 702 Sansom Street in Market East, Center City

8:00 am on December 10, 2021 By Vitali Ogorodnikov

The 22nd place on Philadelphia YIMBY’s December 2021 Development Countdown goes to the 315-foot-tall, 24-story tower proposed at 702 Sansom Street in Market East, Center City. Designed by SLCE Architects and developed by Toll Brothers, the development will hold 85 residential units. Its location on Jewelers’ Row has been somewhat controversial and has led to considerable design revisions. Our recent site visit revealed that the cleared site still sits vacant with no work in progress, appearing just as it did a year ago.

The Laurel Rittenhouse. Credit: Southern Land Company

Steel Assembly Continues Atop The Laurel Rittenhouse in Rittenhouse Square, Center City

7:30 am on December 10, 2021 By Thomas Koloski

The cross-braced steel parapet is being erected at the top of The Laurel Rittenhouse, a high-rise building under construction at 1911 Walnut Street in Rittenhouse Square, Center City. The tower is designed by Solomon Cordwell Buenz and developed by the Southern Land Company, with Hunter Roberts Construction Group as the contractor and the Harman Group responsible for structural engineering. Located at just across the street from Rittenhouse Square Park, the tower now reaches the top of the parapet, rising 599 feet high and 48 stories tall. The development will feature 185 rental units and 60 luxury condominiums.

1810 Chestnut Street. Credit: Cecil Baker + Partnenrs

Freeman Auction House Set for High-Rise Vertical Extension at 1810 Chestnut Street in Rittenhouse Square, Center City

8:00 am on December 9, 2021 By Vitali Ogorodnikov

The 23rd place on Philly YIMBY’s December 2021 Development Countdown goes to the 25-story, 312-foot-tall residential high-rise proposed at 1810 Chestnut Street in Rittenhouse Square, Center City. Designed by Cecil Baker + Partners, the project consists of a 19-story vertical addition atop the existing six-story Samuel T. Freeman & Co. Auction House, built in 1923. The vertical addition will house 19 apartments, many of which will be full-floor and duplex units. The renovated historic building will hold several stories of retail, tenant amenities, and automated underground parking for around ten cars. Though our recent site visit revealed no signs of ongoing work, it may begin at any time as a partial demolition and construction permit was issued in November 2020.

As Facade Ascends at 2222 Market Street, YIMBY Looks Back at the Year’s Progress at the 295-Foot-Tall Office Building Rising in Center City West

8:00 am on December 7, 2021 By Vitali Ogorodnikov

The 25th place on Philly YIMBY’s December 2021 Development Countdown goes to the 295-foot-tall, 19-story office building under construction at 2222 Market Street in Center City West. Designed by Gensler and developed by the Parkway Corporation (alternately Parkway Commercial Properties), with IMC Construction as the contractor, the development will feature 329,100 square feet of tenant floor area, with 324,826 square feet of Class A office space and 4,274 square feet of retail, as well as a 47-car underground garage. The structure is being built as the new headquarters for Morgan Lewis, a major law firm. Features will include ten-foot-high ceilings, floor-to-ceiling windows, several landscaped outdoor decks, flexible workspace plans, a conference center, a fitness center, Zoom conference rooms, expanded areas for servicing out-of-office visitors, and rooms with advanced audio technology to facilitate virtual court hearings.

1443-49 Cherry Street. Credit: Parkway Corporation

Parking Lot Awaits Possible Million-Square-Foot Development at 1443-49 Cherry Street in Logan Square, Center City

7:00 am on December 7, 2021 By Vitali Ogorodnikov

Developer Parkway Corporation is seeking to redevelop a block-spanning, 53,568-square-foot parking lot at 1443-49 Cherry Street in Logan Square, Center City. The developer’s “opportunities” page states that the site is currently available for development and can support 642,816 square feet of buildable space at a floor-to-area ratio of 12:1, or whopping 1,071,360 square feet at an FAR of 20. Discounting any potentially applicable height limits, the site is theoretically capable of housing a skyscraper that rises well over 50 stories, a podium with ample retail space, and still have enough leftover room for a public plaza and/or promenade.

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

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

7:00 am on December 6, 2021 By Vitali Ogorodnikov

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.

20th + Arch at 2000-24 Arch Street. Credit: L2P

Progress Still Stalled at 20th + Arch, 15-Story Office Tower Planned at 2000-24 Arch Street in Center City West

8:00 am on December 4, 2021 By Vitali Ogorodnikov

The 28th place on Philadelphia YIMBY’s December 2021 Development Countdown goes to 20th + Arch, a 260-foot-tall, 15-story office tower planned at 2000-24 Arch Street (also known as 2020-2024 Arch Street) in Center City West. Designed by L2P and developed by the Parkway Corporation (alternately Parkway Commercial Properties), the building would replace a parking lot that spans the eastern part of the block between North 20th and North 21st streets. And though we have first reported on the tower over a year ago, no permits have yet been filed for the development and our recent site visit revealed no demolition nor construction activity at the still-operational parking lot.

Facade Nearly Finished at Riverwalk South at 60 North 23rd Street in Center City West

7:30 am on December 4, 2021 By Thomas Koloski

Facade work is nearly finished at Riverwalk South, a skyscraper that is under construction at 60 North 23rd Street in Center City West. The main portion of the structure is currently topped out at 32 stories, and the building will soon reach its full height of 362 feet. Designed by Gensler and developed by the PMC Property Group, the building, which stands next to the Schuylkill River, is part of the two-towered Riverwalk complex. The development is part of a new hub of high-rise buildings that will soon form a cluster along Market Street and near the river, with most projects featuring residential programming. The two new towers symbolize the new high-rise growth that is destined to dominate the area in the near future.

Remote Work-Friendly Features Announced for 2222 Market Street in Center City West

7:00 am on December 4, 2021 By Vitali Ogorodnikov

A set of new remote work-friendly features has recently been revealed at 2222 Market Street, a 295-foot-tall, 19-story office building under construction in Center City West. Designed by Gensler and developed by the Parkway Corporation (alternately Parkway Commercial Properties), with IMC Construction as the contractor, the building will offer 329,100 square feet of tenant floor area, with 324,826 square feet of Class A office space and 4,274 square feet of retail. Parking for 47 vehicles will be available in an underground garage. The development was built to spec for Morgan Lewis, a major law firm that will use the building as its new headquarters.

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