PHILADELPHIA—A host of dignitaries including Lt. Gov.Jim Cawley and Philadelphia Mayor MichaelNutter are expected to be on hand today for the officialgroundbreaking of the East Market Street projecthere.

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Today's ceremony will mark the start of demolition andconstruction at the 4.3-acre site bordered by Market, Chestnut,11th and 12th streets. The first phase of the East Market Streetproject will total 650,000 square feet and cost $230 million tobuild. Plans call for the construction of a 17-story, 322-apartmenttower that will have the first two levels dedicated to 160,000square feet of retail space.

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The initial phase will also include renovating the family courtbuilding with retail space on the street level and office spaceabove. See story in the Philadelphia Business Journal.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.