The Cira Centre is undoubtedly the tallest building west of the Schuylkill, and the ever-growing University City district is working towards the completion of the first of two potential sister towers, named The Grove at Cira Centre South. Ground was recently broken on The Grove, which will stand 33 stories tall at Chestnut Street between the Schuylkill Expressway and 30th Street. Plans exist for a second larger tower bordering Walnut Street but nothing is set in stone just yet considering the scale of the project.
Funded by Harrison Real Estate Capital (which will own 40%), Brandywine Realty Trust, and Campus Crest Communities Inc. (each of which will own 30%), The Grove will exist solely as residential space and will aim to attract a younger crowd of graduate students and working professionals.
If all goes to plan, we're looking at a tentative completion date of Fall 2014. The tower's design isn't anything terribly interesting, but it's exciting nonetheless to see the Philadelphia skyline continue its slow westward expansion.
Take a look at the video here on the official Cira Centre website (01:50) It mostly showcases the larger undeveloped tower, but offers a solid peek at The Grove.
Curbed will keep you updated with construction photos as the project moves along.
· Brandywine, Campus Crest Partner to Build $158M Student Housing in Philly
[Commercial Property Executive]
· Construction on The Grove at Cira South is Underway [NakedPhilly]