April 28, 2017
By Connie Capone | March 9, 2017 | Home & Real Estate
Three of the city's hottest redevelopment projects are blending history and innovation.
Aramark goes green at its new headquarters at 2400 Market Street.
Nestled along the Schuylkill River Trail is the newly acquired headquarters for Aramark (937-660-4708) at 2400 Market Street. The facility for the global leader in food distribution will be housed within the nine-story, 600,000-square-foot structure that focuses on modern design and sustainability. Scheduled for completion in Fall 2018, Aramark will occupy the top five floors including a dining facility for the corporation’s 1,200 associates, a fitness center, and meeting spaces. With a commitment to green industrialization, the facility also plans to incorporate 8,000 square feet of outdoor terraces.
“2400 Market is the most unique office redevelopment in the city with access to everything the city has to offer,” says Adriano Calvanese, vice president of PMC Property Group, developer of 2400 Market. “There are open, light-filled workspaces with 14-foot ceilings, floor-to-ceiling windows with beautiful river views, and state-of-the-art sustainable building systems. Together this inspires the sense of innovation and culture that defines today’s workplace.”
A historic renovation on 1222 Locust Street is gearing up to be one of the most highly anticipated luxury rental redevelopments of the year. The Lincoln (267-519-3652), part of PRDC Properties, is on The National Register of Historic Places and within steps of Midtown Village. “We saw the need and opportunity to bring a uniquely differentiated residential experience to the market,” says David Perlman, CEO of PRDC Properties. “The end product is what can be achieved when the public and private communities work together.”
With 44 units available for preleasing, the pet-friendly residence boasts junior suites, one- and two-bedroom units, and a trio of penthouses for rent. Open floor plans, Porcelanosa counters, hardwood floors, and stainless steel appliances are some of the features, with a rooftop deck that’s prime for everything from sunrise yoga sessions to sunset happy hours. The Lincoln, named for one of the building’s previous owners over the last century, boasts a restored brick facade.
Closer to Broad Street, a new Rittenhouse high-rise is being peddled by the same company that brought street-level sportswear brand Under Armor to 16th and Walnut streets. The Beacon (610-529-4444) is the latest in a string of ventures undertaken by Pearl Apartments. A former Brown Brothers Harriman bank, the property is preserving the original architecture by making use of the building’s historic limestone.
The 14-floor residential tower totals 100,000 square feet over 64 units, all with one- to two-bedroom living accommodations. Features include floor-to-ceiling windows, natural stone countertops and stainless steel kitchen appliances, and private balconies and terraces in select apartments. The Beacon also boasts competitive amenities such as a gaming area, fitness center, and a 2,000-square-foot rooftop terrace with unbeatable views of Rittenhouse Square. The Beacon is slated for a summer opening.
April 28, 2017