The booming area around the Loews Hotel and Jefferson Center, at the junction of the Washington Square West and Market East neighborhoods in Center City, is getting ready for the construction of yet another high-rise development. Demolition and construction permits have been filed at 1101 Walnut Street, a site that is currently occupied by a single-story Wendy’s fast food restaurant. It will be replaced by a 259-foot-tall, 23-story skyscraper with an L-shaped footprint, as the property extends to the north. The structure will house 111 residential units and 6,000 square feet of retail on the first and second floors. JKRP Architects have brought a vibrant mix of materials, with irregular stone patterns that will make the tower stand out on the cityscape. The permits list ARD 1105 Walnut LLC and now LD Investment Partners LLC as the current owner.
The eighth-tallest building on Philly YIMBY’s Annual December Countdown is the 460-foot-tall, 32-story office tower proposed at 1301 Market Street in Market East, Center City, half a block to the east of City Hall. Designed by the the globally renowned architecture firm Skidmore, Owings, and Merrill and developed by the Oliver Tyrone Pulver Corporation, the massive building will bring over 700,000 square feet of floor space, with floorplates at the lower levels measuring over 25,000 square feet and those at the upper floors at over 17,000 square feet. The project is being marketed by Jones Lang LaSalle Incorporated.
At number 12 on Philly YIMBY’s Annual Development Countdown is the Thomas Jefferson Specialty Care Pavilion, a 372-foot-tall, 24-story tower underway at 1101 Chestnut Street in the rapidly growing Market East neighborhood in Center City. Designed by Ennead Architects and Stantec and developed by National Realty Corp., the sleek glass tower will bring a modern presence to the area and feature over 426,000 square feet of medical office space, which will be occupied by Jefferson Health. The building is part of the two-tower East Market Phase 3 project, which will also feature a 329-foot-tall, 25-story residential tower at 1153 Chestnut Street to the west. Philly YIMBY’s recent site visit revealed that excavation is almost complete for the 712,000-square-foot-plus complex.
Number 21 on Philly YIMBY’s December Development Countdown is 1153 Chestnut Street, a 329-foot-tall, 25-story residential tower proposed as part of the two-tower East Market Phase 3 development in Market East, Center City. Designed by Morris Adjmi Architects and developed by National Real Estate Group, the building will rise on the west side of the complex and will feature a blocky yet eye-catching façade of metal, precast terracotta, and glass. The tower will have a total area of 250,000 square feet and it will include 396 units in what will be one of the tallest residential high-rises in the area. Philly YIMBY’s recent site visit revealed that excavation nears completion.
The 26th entry on Philly YIMBY’s December Development Countdown is the 317-foot-tall, 27-story residential tower planned at 709 Chestnut Street in Market EastMarket East, Center City. The 278-unit building is planned to at the site of a currently an active parking lot next to the Lincoln Legacy Mural on the west face of 707 Chestnut Street. The building is designed by Edry McHenry Architects, who recently revealed a rendering of a 350-foot building at 2100 Market Street. The building will span almost the entirety of the site which measures approximately 70 by 170 feet. The property is developed by Roseland Properties and Parkway Corporation, the latter of which is responsible for developing many of their own parking lots all over the city. No permits have yet been filed and our recent site visit revealed that work has not yet started.