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.

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.

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.