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.