Philly YIMBY recently visited the site of a long-stalled proposal for an office tower at 1301 Market Street in Market East, Center City, half a block to the east of City Hall. Designed by Skidmore, Owings & Merrill and developed by the Oliver Tyrone Pulver Corporation, the building will yield over 700,000 square feet, with floor plates at the lower levels measuring over 25,000 square feet and those at the upper floors at over 17,000 square feet.
As expected, Philadelphia YIMBY’s recent visit to the site of an apparently dormant proposal for a 317-foot-tall, 27-story residential high-rise at 709 Chestnut Street (aka 709-13 Chestnut Street) in Market East, Center City revealed no signs of new construction. The site is located on the north side of the block between South 7th and South 8th streets, a block west of Independence Hall and the Liberty Bell. The project is a development by the Parkway Corporation, a company that specializes in operating parking lots (such as the one at 709 Chestnut Street) while looking for opportunities to redevelop said lots into residential and/or commercial properties, either on their own or in partnership with other developers. The latest iteration for the site at hand was dDesigned by Edry McHenry Architects and had Roseland Properties attached as a co-developer, and was slated to offer 278 residential units.
A recent site visit by Philly YIMBY has captured the latest construction progress at the dazzling, blue-glass-walled Jefferson Specialty Care Pavilion rising at 1101 Chestnut Street in Market East, Center City. The building, rises 364 feet and 23 stories (19 stories if excluding mechanical floors) and comprises the bulk of East Market Phase 3, the final component of the mixed-use, multi-block East Market development. The $762 million medical facility, the single largest real estate investment in nearly 200-year history of Jefferson Health, will span around 462,000 square feet and feature over 300 examination rooms, as well as 58 infusion chairs, ten operating rooms, six endoscopy rooms, imaging and lab services, a pharmacy, and more. The development team consists of Ennead Architects and Stantec as designers, Jefferson Health and National Real Estate Development as developers, and a joint venture of LF Driscoll and Hunter Roberts Construction Group as contractors.
The Market East neighborhood of Center City is currently a hotspot for construction, with the Jefferson Specialty Care Pavilion at 1101 Chestnut Street as one of its most significant projects. Designed by Ennead Architects and Stantec and developed by Jefferson Health and National Real Estate Development, the structure stands 372 feet and 23 stories tall and will features a stunning undulating facade, Jefferson signage near the pinnacle, and a small park to the west. The large building will be a prominent addition to the neighborhood with a refreshing design.
In the Market East section of Center City, a group of new developments will form a noticeable skyline cluster. At 123 South 12th Street, construction is now well underway at a project dubbed 12 + Sansom. Designed by both Bower Lewis Thower Architects and Studios Architecture, while the building was developed by Greystar Real Estate Partners, the tower will rise 265 feet and 20 stories, which will add a good amount of density to the area. The tower, which will feature a whopping 412 rental units along with amenity space, rises close to the Jefferson Health campus.