You know that gaping hole at the corner of 20th and Market St. that's been sitting there for what seems like forever just begging for a tall, shiny buildling? Well, as you may already know, Brandywine Realty Trust owns it and announced today their immediate plans for the site. While they're similar to the ones released in 2013, Brandywine tweaked it a little, bumping up the residential units from 278 to 321, this time they're touted as "luxury apartments with concierge amenities" in a press release. They've also entered into a "50/50 joint venture partnership with LCOR/CalSTRS" — who will oversee the construction, marketing, leasing and management of the apartments. Brandywine will be in charge of the retail and parking components. Those of you waiting for another skyline-redefining skyscraper will have to wait. You won't have to wait for construction on this bad boy, it's expected to begin immediately.
It's a mixed-use project that will combine the luxury apartments with 24,000 sq. ft. of ground floor retail. Brandywine says that 90% of that space is already leased up by CVS and Independence Blue Cross, 1919's taller neighbor.
The building, designed again by Barton Partners, will be 29 stories high and comprised of the 321 apartment units and a parking garage on the north side of the property that can accommodate 215 residential and public spaces, which is down from 223 in the previous proposal. It looks like the parking structure on Commerce St. is still in the plans, which was an issue that troubled the Civic Design Review committee around this time last year.
As far as the building goes, what good is a luxury apartment building without a roof deck? Let's quote up the press release shall we?
"...rooftop amenities that include fitness center, club room with demonstration kitchen, outdoor roof garden with fire pit and ledge pool, and fully-equipped game room including golf simulator."
The project is slated to be completed in spring of 2016. · Brandywine seeks zoning approvals for 1919 Market Street apartments [PlanPhilly]
· Vacant field amid Center City towers 'eliminates the opposition' [The Inquirer]
· More Brandywine Realty Trust coverage [Curbed Philly]