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. Follow him on Instagram



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
New Record Pressing Plant Drops The Needle In Old Bread Factory

New Record Pressing Plant Drops The Needle In Old Bread Factory

July 15, 2019  |  News

The vinyl revival is coming to Lawncrest where a new record pressing plant is setting up shop in the old Bond Bread building. Bryan Bierman has the scoop > more

After The Trocadero’s Closing, Preservationists Ponder Saving The Interior

After The Trocadero’s Closing, Preservationists Ponder Saving The Interior

July 12, 2019  |  News

Philly's famous Trocadero Theater closed in May after 149 years of continuous use. Protections are already in place for the facade of the building, but can the interior be saved too? Kimberly Haas takes a look > more

Op-Ed: Painted Bride Art Center Mosaic A Lesson In Limits To Historic Designation

Op-Ed: Painted Bride Art Center Mosaic A Lesson In Limits To Historic Designation

July 10, 2019  |  Soapbox

Last fall the Philadelphia Historical Commission declined to legally protect a colorful mosaic, nominated by Philadelphia's Magic Garden, on the exterior of Painted Bride Arts Center in Old City. In this editorial Sharon Barr opines that the decision was the right one and unpacks the thorny issues of designating public artwork and ownership rights > more

A Crude Awakening: Explosion On The Schuylkill Brings Philly's History Of Oil Refineries Into Focus

A Crude Awakening: Explosion On The Schuylkill Brings Philly’s History Of Oil Refineries Into Focus

July 8, 2019  |  Vantage

Ed Duffy gives us a history lesson on Philadelphia's 150-year-old oil industry following the explosion, fire, and pending closure of Philadelphia Energy Solutions' oil refinery in Southwest Philly > more

Summer Break

Summer Break

July 1, 2019  |  News

Hidden City Daily is taking a short summer vacation. We'll be back on Monday, July 8. Have a great Fourth of July! > more

Rare Collection Of Early American Flags Explores The Evolution Of Old Glory

Rare Collection Of Early American Flags Explores The Evolution Of Old Glory

June 28, 2019  |  News

An antique flag dealer teamed up with the Museum of the American Revolution to put our nation's Stars and Stripes into perspective with "A New Constellation: A Collection of 13 Star Flags." Virginia Lindak has the details > more