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When will Chinatown's Eastern Tower Actually Break Ground?

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Renderings via MSC Retail

We've been somewhat patiently waiting for the Eastern Tower Community Center project at 10th and Vine to break ground this year, but it looks like we'll have to wait until 2016. That's because the Philadelphia Chinatown Development Corporation (PCDC) has spent the past year raising more money for the project, a 23-story tower that will include a 17,000-square-foot recreation center and event space, a daycare center, a pharmacy, a restaurant, office space, and high-end residential units. Currently, the projected budget for the center is $77 million. Final closing on the development's financing should be finished by December and construction should start by early next year.

· An extra year of fundraising has Chinatown's Eastern Tower poised for construction [Flying Kite Media]
· Chinatown's Eastern Tower gets groundbreaking pushed to 2016 (Renderings) [Property]
· Here are a few more looks at Chinatown's Eastern Tower [Curbed Philly]
· State grant injects new life into Eastern Tower project [Curbed Philly]