Mack-Cali Realty Corp

709 Chestnut Street (aka 709-13 Chestnut Street). Credit: Edry McHenry Architects

The 20th Place on Philadelphia YIMBY’s December Countdown Goes to 27-Story Tower Planned at 709-13 Chestnut Street in Market East, Center City

The 20th place on Philadelphia YIMBY’s December 2021 Development Countdown goes to the 317-foot-tall, 27-story residential high-rise proposed at 709-13 Chestnut Street in Market East, Center City. Designed by Edry McHenry Architects and developed by the Parkway Corporation and Roseland Properties, the building will replace a parking lot on the north side of Chestnut Street between 7th and 8th streets and will offer 278 market-rate single-family units. Although the proposal was well-received by both the City’s Planning Commission and the Civic Design Review Committee upon its reveal in 2018, no construction permits have yet been filed and YIMBY’s recent site visit revealed no signs of ongoing work at the still-operational parking lot.

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709 Chestnut Street (aka 709-13 Chestnut Street). Credit: Edry McHenry Architects

Construction Anticipated for 327-Foot-Tall Residential Tower at 709 Chestnut Street in Market East, Center City

In 2015, the Mack-Cali Realty Corp. and Parkway Commercial Properties jointly proposed a high-rise apartment building at 709 Chestnut Street in Old City, a block west of Independence Hall. Two years later, Mack-Cali has left the development team and the building design has since changed. The latest iteration, designed by Edry McHenry Architects, is proposed to stand 327 feet and 27 stories tall, sporting 278 residential units. As of today, the proposal site consists of a still-active parking lot.

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