Center City District and the Central Philadelphia Development Corporation (CPDC) track real estate development projects across Greater Center City (Girard Avenue to Tasker Street, river to river). This roundup of real estate construction news features projects that are completed, under construction, or proposed this year.  

Since the start of 2025, five key developments have been completed in Greater Center City, supporting the mixed-use environment of the downtown. According to CoStar, 1,297 residential units are under construction, 2,463 have been completed, and 2,936 have been absorbed into the market this year so far.  

For more information about real estate trends in Center City, visit the Center City Real Estate Developments Report, which includes an interactive map of projects. 

Completed Development Projects in Greater Center City 

17 Market West 
📍 1701 Market Street 
🔗 Website 

Following the relocation of Morgan Lewis, Alterra Property Group completed a full office-to-residential conversion of 1701 Market.  17 Market West welcomed its first residents in May. Located in the heart of the West Market office corridor and directly above the Suburban Station concourse, it is the only fully residential building with a direct interior connection to SEPTA’s underground concourse.   

The Dally 
📍 342 W. Girard Avenue 
🔗 Website 

Located at 4th Street and Girard Avenue, between Northern Liberties and Fishtown, The Dally is currently leasing 50 residential units and a 2,500 square foot, ground-level commercial space. This stretch of Girard Avenue is undergoing a flurry of residential development activity, with multiple projects underway between The Dally and the Girard L station. 

Eight7teen 
📍 817-21 N. 3rd Street 
🔗 Website 

Completed early this year, Eight7teen features 48 apartments, basement car parking, a rooftop deck and dog play area, and street-level commercial space in Northern Liberties. A dog daycare is one of the ground-floor tenants. 

Residential with Grocery Store 

Many new projects provide large ground-floor retail space, which has created opportunities for national grocery retailers. These new stores add convenience for residents and support population growth, as noted in our StoryMap, “Supermarkets in Greater Center City.” 

Amazon Fresh at the Carson 
📍 555 Spring Garden Street 
🔗 Website 

Located at the corner of 6th and Spring Garden streets on the ground floor of the Carson, the long-awaited Amazon Fresh opened in August. It is the fifth grocery store in Northern Liberties and the second to open this summer along Spring Garden Street, following Sprouts. 

Giant at OneThousandOne  
📍 1001-29 S. Broad Street 
🔗 Website 

Post Brothers completed the first phase of OneThousandOne Residences. The 14-story development spans a full city block and includes 1,111 residential units and over 65,000 square feet of retail. The anchor retail tenant, a Giant grocery store, is now open and occupies 40,000 square feet of space along Broad Street. Food hall concept Wonder has also leased space in the first phase of the project. 

Sprouts at the Rivermark Northern Liberties 
📍 501 N. Christopher Columbus Boulevard 
🔗 Website 

The Rivermark, a nine-acre waterfront property in Northern Liberties, is now open and leasing. The development offers 470 residential units and 45,000 square feet of retail space.  The building’s anchor tenant, Sprouts Farmers Market, opened in June.  A restaurant concept has been announced for space overlooking the Delaware River just east of Sprouts. 

Under Construction  

CHOP Schuylkill Avenue Research Building (SARB) 
📍 690 Schuylkill Avenue 

Located along the Schuylkill River waterfront, CHOP’s 17-floor complex will house offices and laboratories for pediatric research. The building is expected to be completed by the end of the year, and further expansion is anticipated adjacent to these research buildings. 

Wood Street Lofts 
📍 326 N. 12th Street 
🔗 Website 

Regis Group began construction at the Wood Street Lofts, replacing a surface parking lot in Callowhill. The 31-unit residential building will feature 30,075 square feet of apartments, flexible workspaces, and parking.  

Proposed Projects 

Anderson Hall 
📍 333 S. Broad Street 

Dwight City Group acquired the former University of the Arts’ Anderson Hall in February, with plans to convert it from classrooms to a mixed-use residential and commercial building. The building plans propose 84 apartment units and ground-floor commercial space along Broad Street. 

Chinatown Stitch
🔗 Website 

The Chinatown Stich is a proposed pedestrian bridge and park to partially cap the I-676 Expressway between 10th and 13th streets. The project would reconnect Chinatown and the fast-growing neighborhoods adjacent to Center City, recouping some of the lost real-estate potential and community disruption caused by the expressway. 

Gershman Hall 
📍 401 S. Broad Street  

In July, Lubert-Adler Real Estate Funds acquired the former Gershman Y, the final University of the Arts property to sell after the school's bankruptcy, with undisclosed plans to transform the 75,320 square foot space. 

Hahnemann Hospital Towers  
📍 230-32 N. Broad Street 

Dwight City Group closed an auction bid of $16.25 million for the defunct Hahnemann Hospital towers with plans to turn them into “middle market” rate apartments and amenity space. The residential conversion will offer 288 units totaling 630,000 square feet.  

Hamilton & Furness Halls 
📍 320 S. Broad Street and 1451-1499 Pine Street 

Scout, the owner of South Philadelphia’s Bok Building, purchased Hamilton and Furness Halls and intends to repurpose the former University of the Arts buildings for housing, residencies, and workspaces for artists, designers, architects, and other arts-related organizations. In the meantime, they have opened Frankie’s Summer Club, an outdoor beer garden, in the courtyard of the space.  

HBSE & Comcast Properties on Market East 
📍 920–938 Market Street and 1000–1024 Market Street 

In July, Harris Blitzer Sports & Entertainment and Comcast jointly acquired 920–938 Market Street and 1000–1024 Market Street in a $56 million investment. This multi-building purchase represents a significant opportunity to catalyze new development along the Market East corridor. 

500 N. Christopher Columbus Blvd 
📍 500 N. Christopher Columbus Boulevard 

Aspen Equities LLC recently obtained permits to begin construction at a riverfront parking lot in Northern Liberties for a planned residential development. Approximately 88,853 square feet of apartments will be constructed along with car and bike parking, amenity space, and floodproof design. 

Piazza Alta and the Expansion of OneThousandOne 
📍 1099 Germantown Avenue & 100 S. Broad Street 
🔗 Website 

Post Brothers plans to expand its 1001 and Piazza Alta projects following strong leasing activity. Once the first phase of OneThousandOne is fully leased, the company aims to launch a second phase which will complete the complex up to 13th Street. A third phase is proposed across 13th Street. With Piazza Alta now 97% leased, construction will begin on 431 additional units. 

Did we miss any updates or construction news, or will you have updates to share? Please email us at developments@centercityphila.org with more information.