PHILADELPHIA—The developer behind the $500-million EastMarket mixed-use project at Girard Square in Center Citysays that demolition work to begin the development will start thissummer.
The first phase of the project, estimated at approximately $230million and totaling 650,000 square feet, will be built on a4.3-acre site that takes up a city block bounded by Market,Chestnut, 11th and 12th streets. The building fronting MarketStreet will be torn down.
Components of the first phase will include a 17-story, 322-unitapartment tower that will have the first two levels dedicated to160,000 square feet of retail space, according to the PhiladelphiaBusiness Journal. Also planned is the renovation and conversion ofthe 200,000-square-foot family court building for retail space onthe street level and office space above.
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