Center City

The Terrace on 18th at 1776 Benjamin Franklin Parkway. Credit: Pearl Properties

Residential Conversion Complete at The Terrace on 18th at 1776 Benjamin Franklin Parkway in Logan Square, Center City

A recent site visit by Philadelphia YIMBY revealed that residential conversion work appears to be complete at The Terrace on 18th at 1776 Benjamin Franklin Parkway in Logan Square, Center City. The 267-foot-tall, 27-story high-rise was built in 1964 and previously known as Embassy Suites Philadelphia Center City. The development was gradually overhauled over the course of the past year from hotel into a 288-unit rental apartment building, and upon our site visit the development appeared as complete, with no visible of signs of construction remaining. The Pearl Properties website indicates that the building is currently available for lease.

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Rendering of 2012 Chestnut Street. Credit: JKRP Architects.

2012 Chestnut Street Goes To Civic Design Review In Rittenhouse Square, Center City

A high-rise development located at 2012 Chestnut Street in Rittenhouse Square, Center City, is going to the Civic Design Review. Designed by JKRP Architects, the building will stand 14 stories tall, a significant height, although likely not notable enough to make for a notable skyline addition. The ground floor will hold 3,200 square feet of commercial space, adding a sizable retail addition to Chestnut. Above, there will be 156 residential units, down from the original 162. A roof deck will be situated at the top of the structure.

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2012 Chestnut Street. Credit: JKRP Architects

Construction of 14-Story Tower Anticipated at 2012 Chestnut Street in Rittenhouse Square, Center City

Philadelphia YIMBY’s recent site visit revealed no signs of demolition nor construction work at 2012 Chestnut Street in Rittenhouse Square, Center City, the site of a proposed 14-story residential tower. Designed by JKRP Architects and developed by the Philadelphia Housing Authority (also the owner) and Alterra Property Group, the building, also known under its full address of 2012-14 Chestnut Street, will feature 162 residential units, of which 130 would run at market rate and another 32 would be classified as “workhouse housing.” The plan also includes around 4,500 square feet of retail space on the ground floor.

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1222 Vine Street aka 1127 Race Street. Credit: Parkway Corporation

Parkway Corporation Seeks to Redevelop Two-Block Parking Lot at 1222 Vine Street in Chinatown, Center City

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.

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One Liberty Place. Image by Nadia MacKenzie via ageofstock

Looking Back At One Liberty Place Shortly After Completion

Between 1984 and 1987, a new monolith was constructed in the city of Philadelphia. For a long time the skyline was dominated by beige and brown buildings along with City Hall, but the blue-glass One Liberty Place at 1650 Market Street in Center City has broken out of the blocky and old styles and also broke the unofficial 548-foot height limit. Designed by Helmut Jahn of Murphy/Jahn and developed by Willard Rouse of Rouse and Associates, the tower rises 945 feet and stands 61 stories tall. In this feature, Philadelphia YIMBY looks back at One Liberty Place shortly after its completion.

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