The developer of East Market, a mixed-use project between
11th and 12th Streets along Market Street, may add 250 more residential units
at the site in response to what it sees as strong demand for living spaces in
the area.
National Real Estate Development managing director Daniel
Killinger said during an appearance at the Urban Land Institute conference in
Philadelphia Thursday that his company will decide next month whether to pursue
the expansion.
The new units would add about 20 stories to what has been
intended as a two-story retail building at the corner of 12th and Market
Streets, Killinger said. The company already plans a 322-unit residential tower
as part of the project.
Source: Philly.com
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