Greystar Real Estate Partners

12+Sansom at 123-27 South 12th Street. Rendering credit: Studios Architecture

12 + Sansom Rises Above Ground At 123 South 12th Street In Market East, Center City

8:00 am on April 27, 2022 By Thomas Koloski

In the Market East section of Center City, a group of new developments will form a noticeable skyline cluster. At 123 South 12th Street, construction is now well underway at a project dubbed 12 + Sansom. Designed by both Bower Lewis Thower Architects and Studios Architecture, while the building was developed by Greystar Real Estate Partners, the tower will rise 265 feet and 20 stories, which will add a good amount of density to the area. The tower, which will feature a whopping 412 rental units along with amenity space, rises close to the Jefferson Health campus.

Permits Issued for Foundation Work for 12+Sansom at 123-27 South 12th Street in Midtown Village, Center City

8:00 am on March 6, 2022 By Vitali Ogorodnikov

Permits have been issued for the construction of the foundation at 12+Sansom, a 240-foot-tall, 20-story residential high-rise under construction at 123 South 12th Street (alternately 123-27 South 12th Street) in Midtown Village, Center City. Designed by Studios Architecture and developed by Greystar Real Estate Partners, with BLT Architects as the architect of record and Clemens Construction Company as the contractor, the building will offer 399 rental units and 10,844 square feet of retail. The structure will rise from a 33,462-square-foot footprint and hold 370,860 square feet of floor space. The cost of foundation work is listed at $6 million, which amounts to nearly five percent of the previously listed total construction cost of $132.25 million.

Excavation Underway at 12+Sansom at 123-27 South 12th Street in Midtown Village, Center City

7:30 am on December 1, 2021 By Vitali Ogorodnikov

Philadelphia YIMBY’s recent site visit discovered that excavation work is making steady progress at 12+Sansom, a 240-foot-tall, 20-story residential high-rise under construction at 123-27 South 12th Street in Midtown Village, Center City. Designed by Studios Architecture, with BLT Architects as the architect of record, and developed by Greystar Real Estate Partners, the building will offer 399 residential units and 10,844 square feet of retail. The structure will span an entire city block, rising from a 33,462-square-foot footprint and holding 370,860 square feet of interior space. Clemens Construction Company is the project contractor. Construction costs are listed at $132.25 million.

Garage Mostly Demolished at 12 + Sansom Street Site at 123 South 12th Street in Market East, Center City

8:00 am on September 22, 2021 By Thomas Koloski

A massive parking garage that took up nearly an entire block is mostly demolished at 123 South 12th Street in Market East, Center City. The large residential building, dubbed 12 + Sansom, will make a positive impact on the area with its addition of 412 residential units. Designed by Studios Architecture and Bower Lewis Thower Architects and developed by Greystar Real Estate Partners, the building will stand 265 feet and 20 stories tall, a significant height for the neighborhood, though more residential towers are on their way to join the area.

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

7:30 am on February 26, 2021 By Thomas Koloski

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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