Proposed 38-story office tower in Market East is now leasing

At the end of 2016, it was announced that a glassy, 38-story office tower designed by Skidmore, Owings, & Merrill (SOM) was going to replace a parking lot across the street from City Hall. And although it will be another three years before doors open, the tower has already started leasing.

Oliver Tyrone Pulver (OTP) has announced that JLL will be the exclusive leasing agent for the tower at 1301 Market Street, which is being touted as the first large block of trophy office space to become available in Center City.

The announcement also offered a few more details about the proposed tower’s amenities. There will be two roof top terraces—one will be on the fifth floor—a fitness area, a conference center, and retail and restaurant on the ground floor.

In addition, the tower will feature a glass-enclosed podium that will include a double-height lobby.

The tower’s location is worth pointing out, too. 1301 Market will join a string of new developments popping up and down Market East—East Market and the Fashion Outlets of Philadelphia—which was just named the most affordable retail corridor in the country.

OTP’s president Donald Pulver acknowledged the office tower’s location in a statement, while adding that the goal is for 1301 Market to become the “most productive workspace available today.” A marketing brochure for the tower points out the tower’s floor-to-ceiling windows, 20,425-square-foot, column-free floor plates, and new technology.

The 840,000-square-foot tower is expected to be move-in ready by early 2020.

• SOM-designed office tower planned for 13th and Market parking lot [Curbed Philly]
• 7 major projects set to transform Philly’s parking lots [Curbed Philly]