9/30/2011

Cira Centre South

Cira Centre South has been in the works for almost 5 years now and finally it seams as though phase two of the project may actually happen.  Penn Connects offerers some nice updated renderings of the planned mixed use development that will soon be the neighbor of the IRS at the former Post Office and Penn Park.


The Post Office Annex development, as presented in a preliminary design by Brandywine Realty Trust, proposes two mixed-use towers fronting on Walnut and Chestnut Streets, and a 1667-car parking garage with street level retail in the middle of the block.  The now complete Parking garage will soon host its first tenants, Old Nelson Food Market and the Schulykill River Development Corporation.





The Walnut Street Tower will offer 500,000 sf of office space, with Penn leasing 115,000 sf; 12,000 sf of retail and restaurant space; 200,000 sf for a 225 room Hotel; and a 125,000 sf, 50 unit condominiums.  The Chestnut Street tower will provide 300,000 sf of apartments and 7,000 sf of possible retail along Chestnut Street.



Total project Cost: $520,000,000
Area: 1,888,000 GSF
Developer: Brandywine Realty Trust
Architect: Pelli Clarke Pelli Architects

3 comments:

  1. What is your basis for saying that this will finally happen other than some retail for the existing garage.

    Penn was a partial tenant for the tower, but Black Rock was supposed to be given KOZ status and they backed off. So, is there a major tenant that will take up the remaining space that Black Rock was supposed to occupy?

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  2. Yeah, im also pretty skeptical that this is happening. Penn has had this on the website for years, and the completion date still says 2011. I haven't seen ANYTHING that makes me feel like its going to be built.

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  3. Who knows but we can only hope that it happens. There are many projects under way right now and hopefully this will be a huge projects that does take off for Philly!

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