The recent release of Center City District's report on Philadelphia retail came with some updates on four major developments that are sure to change the area east of Broad Street. According to the report, Market East will feature more than 1.8 million-square-feet of new retail space by 2017, totaling a $675 million investment in this part of the city. The four developments include the Fashion Outlets of Philadelphia at Market East, East Market, 1112-1128 Chestnut, and the Curtis Center. Let's have another look at what to expect with each one.
↑ Fashion Outlets
Location: Market St. between 8th and 11th St.
Developer: PREIT & Macerich
Size: 1.5 million sq ft
Investment: $325 Million
Completion: 2017
↑ East Market
Location: City block of Market and Chestnut Streets, and 11th and 12th Streets
Developer: National Real Estate Development
Size: 775,000 sq ft
Investment: $250 million
Completion: 2016
↑ 1112-1128 Chestnut
Location: 1112-1128 Chestnut
Developer: Brickstone Realty
Size: 192,000 SF
Investment: $75 Million
Completion: Spring/Summer 2016
↑ The Curtis Center
Location: 699 Walnut St.
Developer: Keystone Property Group, Mack-Cali Realty Corp & Roseland, a Mack-Cali Company
Size: 885,000 sq ft
Investment: $25 million
Completion: Spring 2017
· Center City Reports: Philadelphia Retail [Official]
· Residences at the Curtis to be central hub for Washington Square West [Curbed Philly]
Loading comments...