Renderings have been revealed for 21st And Ludlow, a multi-family high-rise planned in Center City West. Designed by Eddy Mchenry Architecture and developed by the Parkway Corporation, the tower will rise 21 stories and 377 feet tall, with 304 residential units (31 of which will be designated as affordable housing), ground floor retail space, and 109 parking spaces located underneath the tower.
A new design has been unveiled for a large office development proposed at 2000 Arch Street in Logan Square, Center City. Designed by L2P and developed by the Parkway Corporation, the tower will stand 18 stories and 257 feet tall. Chubb is the key tenant lined up for the 474,193 square foot super structure. A total of 74 parking spaces will be located underneath the building, with four being accessible.
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.
Cladding rises nearly halfway up on the newest office tower in Philadelphia, which is currently under construction at 2222 Market Street in Center City West. The building rises 295 feet and 20 stories tall, situated in an area that will soon become a new development hub, near the Schuylkill River. The project was designed by Gensler, which is also behind several other new projects in the vicinity, and developed by Parkway Commercial Properties, which owns several parking lots around the city which it redevelops when the opportunity arises. The tower at 2222 Market Street is slated to become the new headquarters for law firm Morgan, Lewis, Bockius LLP.
Developer and parking operator Parkway Corporation is looking for opportunities to redevelop a pair of parking lots spanning nearly two entire city blocks at 1222 Vine Street in Chinatown, Center City, just north of the Convention Center. Parkway is notable for holding and operating parking lots throughout the city and beyond and, when a favorable opportunity arises, redeveloping them, whether on their own or with a partner. The case at 1222 Vine Street appears to be the latter, as the site is listed on Parkway’s “opportunities” page. Although specifics vary even depending on Parkway’s own material, the combined site spans somewhere between 52,728 to 62,840 square feet and, under its CMX-4 zoning, may by right yield well over 600,000 square feet of development space it built to a floor-area-ratio of 12 to 1.