Commercial tenants looking for the perfect office space for lease in Philadelphia have a great opportunity in the works. The Oliver Tyrone Pulver Corp. (OTP) just announced plans to develop a new office tower adjacent to City Hall. JLL is marketing the property at 1301 Market St. and is already accepting commercial tenancy applications for the building.
The brand new office tower — designed by world-renowned architects Skidmore, Owings & Merrill — is expected to be completed in 2023 and will feature up to 700,000 square feet on up to 30 floors. The lower levels will offer 25,200-square-foot plates, while upper levels will have 17,000-square-foot plates with access to natural light and views over the city. Plus, the building’s column-free floors with 57-foot clear spans will allow tenants to design layouts that best fit their operations.
Amenities at 1301 Market will include a 10,000-square-foot fitness center, outdoor terraces, a café, bike lockers, state-of-the-art conference rooms, and a two-story, glass-enclosed marble lobby on Market St. In addition, the new supply of office space in Center City is surrounded by restaurants, five-star hotels, high-end retail, fitness centers, and other downtown destinations.
Meanwhile, the lobby will have direct access to the city’s underground transit concourse, where 13 regional rail lines, 14 bus routes, and seven subway and trolley lines converge. What’s more, the office tower’s proximity to major interstates — including I-95, I-76 and I-676 — make commuting by car manageable, as well.
“This tower is designed to deliver the most beautiful, efficient and productive office space in Philadelphia,” said Donald Pulver, president of OTP. “Offices that are perfectly located and perfectly designed are nearly impossible to find, and this will be the only one available in Philadelphia. Tenants will be able to attract, retain and inspire the best talent and operate most efficiently in this brand new space.”
JLL’s David Healy, Drew McGowan and Joshua Sloan will lead the building’s leasing efforts.
“This property was developed to appeal to today’s most forward-looking tenants,” Healy said.
“Trends show that top talent demands unmatched amenities, so new tenants at 1301 Market have the advantage of attracting and retaining the best and brightest from our region and beyond.”