700 Block of Market Street (addition to Litt Bros. Building)
429 ft (131 m)
35 above street level (existing 5 + 30 new)
- Office 110,741 ft^2
- Retail 9,839 ft^2
- Residential 360171 ft^2 (342 units)
- Parking: 0 spaces
Independence Center Realty L.P.
Stantec Architecture Inc.
Rendering from philadelphiaheights
Rendering of MIC Tower by Stantec Architecture, via Philadelphia
As plans to revitalize Market East gain steam between the Market8 proposal, Kmart’s closing and its possible replacements, and the Girard Estate block, the Mellon Independence Center has thrown its hat in the rebirth ring with a 429′ mixed-use tower. Carefully crafted by New York’s Stantec Architecture to defer to the existing Lit Brothers structure, the tower would be set back 180′ from Seventh, Market, and Eighth Streets; its façade would primarily consist of white and gray hues, to intentionally not distract from the Lits complex. Likewise, its north-south orientation and setback would largely protect the Market Street view corridor.
Location: 700 Block of Market Street
It is not 100% clear from the article, but it looks like this will be 30 stories above
the current 5 story Litt Bros. building so that we will have 5 floors of office/retail and another 29 to 30 floors of residential.