Groundbreaking At East Market; Substantial Project Underway

 

Mayor Michael Nutter at East Market groundbreaking | Photo: Michael Bixler

Mayor Michael Nutter at East Market groundbreaking | Photo: Michael Bixler

“The renaissance of East Market is now underway,” said Mayor Michael Nutter this morning, as ground was broken on the multi-use development at 12th and Market Streets in Center City. The project–in multi-phases over a million square feet–is expected to effectively link the Liberty Bell and Independence Hall with City Hall and the rest of Center City.

Beginning today, the low slung retail block known as Girard Square between Market and Ludlow, 11th and 12th Streets, will be demolished to make way for the first phase of the project, a $260 million, 17 story residential and retail tower designed by BLT Architects, as well as the renovation of an existing office building, most recently used for administrative courts, for retail and residential use.

“My hope is that this project will actually inspire others to finally move forward on the north and south side of Market Street,” continued Nutter, who estimated that the first phase would create two million hours of work. The project has substantial investment from entities related to the Electricians Union, including National Real Estate Development.

11th and Market, East Market development | Image: BLT Architects

11th and Market, East Market development | Image: BLT Architects

Lt. Governor Jim Cawley added that “Were taking Market Street back and making it a showplace of the entire city and the entire commonwealth.” The development received $14 million in State of Pennsylvania and City of Philadelphia funds toward the project.

Chestnut Walk, East Market | Image: BLT Architects

Chestnut Walk, East Market | Image: BLT Architects

About the author

Michael Bixler is a writer, photographer, and managing editor of Hidden City Daily. He is a former arts and entertainment reporter with Mountain Xpress weekly in Asheville, North Carolina and a native of South Carolina. Bixler has a keen interest in adaptive reuse, underappreciated architecture, contemporary literature and art, and forward-thinking dialogue about people and place. mmbixler.tumblr.com

Send a message!



3 Comments


  1. Is land still owned by The Girard Estates?

    • Yep. Girard Estate is leasing the land to National Real Estate Development, Joss Realty Partners, Young Capital and SSH Real Estate.

    • Thank you Kevin! That was my question… I would like to know more details about the deal… How it was put together to the extent that is public information.I am doing
      indepth research on Stephen Girard(“My Black Woman Hannah”) and the vast estate… Please tell us more.

Leave a Reply

Comment moderation is enabled, no need to resubmit any comments posted.

Recent Posts
The Gallery: Finally The Destination Ed Bacon Hoped For?

The Gallery: Finally The Destination Ed Bacon Hoped For?

March 23, 2017  |  Vantage

PREIT's transformation of The Gallery into an upscale shopping outlet promises to be the suburban-minded downtown destination that the first mall failed to deliver. Contributor Chris Giuliano takes a look at the redevelopment of East Market and Edmond Bacon's original plan. > more

New Life For An Old Coal Country Outpost In Society Hill

New Life For An Old Coal Country Outpost In Society Hill

March 20, 2017  |  The Shadow Knows

The Shadow takes a stroll down to Society Hill where business is stirring at an old 19th century coal company headquarters after 12 years of vacancy > more

New Exhibition Gives Movement To The Philadelphia School

New Exhibition Gives Movement To The Philadelphia School

March 17, 2017  |  Buzz

Two fans of Modernism re-evaluate architectural history with the exhibition, "What Was the Philadelphia School?" > more

Tracking The Evolution Of Industry At 34th And Grays Ferry

Tracking The Evolution Of Industry At 34th And Grays Ferry

March 16, 2017  |  Vantage

The site of Penn's new riverside research campus has a long, decorated history of industrial enterprise. Contributor Madeline Helmer dives deep into the backstory > more

Emergency Excavation In Old City Reveals Lack Of Oversight

Emergency Excavation In Old City Reveals Lack Of Oversight

March 15, 2017  |  News

The last-minute salvage excavation of First Baptist Church Burial Ground in Old City has the archaeological community up in arms. Is the City or the developer to blame? John Henry Scott reports > more

Ode To Old Philadelphia

Ode To Old Philadelphia

March 10, 2017  |  Buzz

Inspired by photographs from Hidden City's 2016 calendar, aging Philadelphians share their thoughts and memories of the city through poetry. Ann de Forest has the backstory > more