PHILADELPHIA-The owner of 1601 Market St. here is pursuing a plan to expand retail at its property, although it is significantly smaller than its original idea floated back nearly five years ago.
New York City-based APF Properties had originally intended to construct a $30-million, two-story glass structure around the street-level portion of its 36-story Center City building that would have added approximately 50,000 square feet of retail space. Now, the firm is pursuing an $8-million plan that will stay within the envelope of the building, according to the Philadelphia Business Journal.
Plans call for 7,500 square feet of street-level space that will expand two existing storefronts and extend the second floor office space by 20,000 square feet. See story in the Philadelphia Business Journal.
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