Market East

PSFS Building. Image from Hagley Digital Archives

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

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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Thomas Jefferson Specialty Care Pavilion (1101 Chestnut Street) via Jefferson Health

Crane Erected at 1101 Chestnut Street for the Jefferson Specialty Care Pavilion in Market East, Center City

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.

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New Massing for 12 + Sansom at 123 South 12th Street in Market East, Center City

In a follow-up to the recent design update to the 12 + Sansom project at 123 South 12th Street, Philadelphia YIMBY shares with its readers exclusive, brand new massing models of the 265-fot-tall, 20-story building’s future presence on the skyline. Designed by Studios Architecture (with Bower Lewis Tower Architects as the architect of record) and developed by Greystar Real Estate Partners, the 412-unit residential building will significantly boost the density in the Market East section of Center City. The tower’s shape and exterior have completely changed since the last iteration.

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Garage Still Active at the Future Site of Jefferson University Caroline Kimmel Biomedical Research Center in Market East, Center City

The five-story parking garage at 900 Locust Street in Market East, one of many parking garages in Center City slated for redevelopment, remains active as per Philly YIMBY’ recent site visit. Jefferson Health plans to replace the garage with the Jefferson University Caroline Kimmel Biomedical Research Center, which will stand 170 feet and 12 stories tall. The structure will be located on the between Walnut Street and Locust Street and will add 220,000 square feet of space medical center’s campus, which takes up a major portion of the neighborhood. Designed by Payette, the glass-walled facility will bring a unique design to the neighborhood.

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Philly YIMBY Reveals Concept Massings for the Blue Ivy Hotel at 122 South 11th Street in Market East, Center City

The Market East section of Center City is rapidly transforming, with a number of developments currently proposed, notably on the 1100 block between Walnut Street and Sansom Street, where three high-rises are proposed close to one another, bringing mass to the local skyline. The shortest of the three is the 200-foot-tall, 86-unit Blue Ivy Hotel proposed at 122 South 11th Street. Designed by DAS Architecture and developed by Estia Group, the structure will be located at the southwest corner of South 11th Street and Sansom Street and will rise 14 stories.

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