Rumors about development at the lot at 2100 Market Street at the boundary of Rittenhouse Square and Center City West have circulated for a long time, with the site being perfectly suited for a new tower. Though there has been no official announcement from Brandywine Realty Trust, the company website shows a project rendering as part of a greater graphic. The new tower will sit on a lot that measures nearly 29,000 square feet.
Permits have been filed for 2633 Annin Street in Grays Ferry, South Philadelphia. Plans call for a four-story, five-unit structure with a finished basement and rooftop deck. The new construction units will be apartments. The building will replace what is currently a vacant lot with a few trees.
Permits have been filed for the construction of a new building at 187 West Norris Street in Norris Square, Kensington. Located at the corner of West Norris Street and Palethorp Street, the new property will replace a grassy lot next to a three-story row home. The property is owned by Donna Methratta and Paul Metthratta.
The skyscraper cluster of Center City is seeing a sustained demand for hotels. The first Hyatt Centric Hotel in the city of Philadelphia stands at 1620 Chancellor Street and will soon welcome visitors. The 179-foot, 13-story, 175,000-square-foot building will offer 332 guestrooms with a 40-suite addition at the corner of South 17th and Chancellor streets.
Ocean City, New Jersey sits 50 miles southwest of Philadelphia, but the beachfront city falls well within the extended Philadelphia area, and its development affects the greater metropolis. Here, the large surface lot at 1101 Ocean Avenue, adjacent to the Flanders Hotel, is set to be developed into a six-story, 111-unit condo resort. The project, dubbed The Soleil Resort, will sit less than a block off of the boardwalk and the beach. The project will feature a cafe/restaurant and a shop for sundries and will include nearly 400 parking spaces in a covered garage.