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 One Dock Street, a 31-story, 272-unit residential high-rise in Society Hill, Center City. Designed by Bower Lewis Thrower Architects, he tower will rise 374 feet tall, making it the tallest structure in Society Hill. Amenities will include a roof deck and rooftop pool. The current four-story Marriott Hotel at the site will remain with the new, 288,997-square-foot tower being attached to the existing 63,200-square-foot building. The permit lists construction costs at $66,552,000.
Demolition work has been finished at 204 South 12th Street in Washington Square West, Center City, and a recent site visit observed an uptick in activity after a period of pause. Designed by BLT Architects, the tower will rise 32 stories tall and make a meaningful impact on the Philadelphia skyline. The development will hold 448 residential units, occupying 340,253 square feet of space and bringing significant density to the property. The project will also include 39,999 square feet of retail space, creating a significant commercial presence on 12th Street, and 68 underground parking spaces in a 41,380-square-foot garage.
Developer RREI LLC, run by the father-son team of Neal and Victor Rodin, has announced the completion of the $16 million purchase of the 105,899-square-foot lot at 501 Spring Garden Street (aka 501-39 Spring Garden Street) in Northern Liberties, North Philadelphia, where they plan to construct a large mixed-use project. Designed by BLT Architects, the 13-story building will feature 382 residences and 60,810 square feet of retail, as well as 211 parking spaces. The acquisition was complicated by the site’s ownership being split between 11 different entities, and took five years to complete as the result. Having finally completed the transaction, the team is ready for the next steps in adding this important project to the up-and-coming neighborhood.
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.