Permits have been issued for the construction of the Thomas Jefferson Specialty Care Pavilion at 1101-53 Chestnut Street in Market East, Center City. Developed by National Real Estate Development, the structure will rise 364 feet and 23 stories tall, becoming the tallest addition to the neighborhood in more than three decades. The interior will hold 750,000 square feet of space, most of which will be allocated for medical use by Jefferson Health. The structure is part of the two-tower East Market Phase 3 complex, which is the latest extension to the multi-block East Market development. Philly YIMBY covered the project in extensive detail in a recent feature article.
Permits have been issued for the parking garage at 1101-53 Chestnut Street, part of the East Market Phase 3 development in Market East, Center City. The garage will be situated underground beneath the two future towers with three levels of underground parking and 300 parking spaces, which will be shared between the two superstructures. t will include 37 compact parking spots with 15 spaces for preferential parking, as well as 15 electric vehicle spaces with chargers and eight ADA spaces, where two will be van-accessible. The garage will total 156,456 square feet and cost an estimated $42,357,933 to construct.
In the late 1980s, in rapid succession, a series of skyscrapers broke through the long-held “Gentlemen’s Agreement” that unofficially restricted Philadelphia’s buildings from rising above the 548-foot-tall pinnacle of City Hall, creating the now-iconic skyline of Center City. While the skyscraper cluster transformed the area to the west of City Hall, the Market East district to the east continues to lag behind in terms of an imposing skyline. However, East Market Phase 3, developed by National Real Estate Development as part of the East Market complex and currently under construction at 1101-53 Chestnut Street, will boost the local skyline with a pair of towers rising 364 and 288 feet tall. The buildings will bring one million square feet of medical office, residential, and retail space to the neighborhood, and add a sizable public plaza. Today we take a detailed look at the transformative project.
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.
A red tower crane has been erected at the Jefferson Specialty Care Pavilion at 1101 Chestnut Street, which is part of the two-tower East Market Phase 3 development in Market East, Center City. Designed by Ennead Architects and Stantec and developed by Jefferson Health, the 372-foot-tall, 24-story building will stand on the east side of the block, next to the 329-foot residential high-rise at 1153 Chestnut Street that is planned as the second phase. The 712,000-square-foot tower will feature an attractive wavy glass façade with Jefferson logos at the top of the building.