Eastern Tower In Chinatown Set To Break Ground In June

Eastern Tower, the $77M, 23-story mixed-use building planned for the northwest corner of 10th and Vine, is finally set to break ground in June.

The tower, planned by the Philadelphia Chinatown Development Corp (PCDC), was announced all the way back in 2011. Of the 23 stories, the upper 17 will be made up of a proposed 144 apartments, while the rest will be occupied by a community center, 12k SF of retail space and 15k SF of office space, according to PlanPhilly.

As the area of Center City that borders Chinatown is set to grow significantly in density with the Market East development, the PCDC is counting on the Eastern Tower to be the heart of a northward expansion of Chinatown across the Vine Street Expressway. [PP]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Philadelphia Newsletters
Related Stories

Rabobank-Backed BPD Fund Acquires 245 Rental Units In Europe's Largest Timber Housing Project

CBRE IM Acquires Planned 100-Home Amsterdam Scheme For NN Group

Next Phase Of Amsterdamse Poort Redevelopment Kicks Off

Dean Adler Looks To Sell 'The Best Property We Own'

129 Units Approved On Former Home Of Local Newspaper In Philly Suburb

Plano Voters To Decide On New Taxes Tied To Dallas Stars' $3B Sports And Entertainment District

JPMorgan Relocating, Expanding Philly Office

Battersea Power Station Lands £280M Refinancing For Final Phases

Brandywine Lands Full-Floor Tenant At Cira Centre

'Very Desirable Market': Investment Surges Across Houston's Westchase District

Grafton Place Scheme Comes To Market Again, Guiding At €250M

Neshaminy Mall Redevelopment Plans Revealed: The Philadelphia Deal Sheet