A neighborhood meeting to elicit comments on the latest designs for 2402 Market, the former “Market Place Design Center”. The development team’s current plans call for a smaller building than what was originally proposed at an earlier public meeting held in May. The parcel is currently zoned CMX 4, a commercial mixed use classification which permits a 500 FAR (floor area ration) so that the project's square footage can amount to 5 times the lot size. The existing structure is 5 stories in height and, according to the developer, contains 268,000 square feet.
While the former plans called for a total of 20 stories, a 15 story tower rising from the 5th floor, the present proposal calls for a total of eleven stories, the first of which opens onto 24th Street which is one story below the Walnut street upsweep leading to the Walnut Street Bridge. The current proposal is designed for occupancy by Aramark, a Fortune 200 food services firm, currently headquartered at 1101 Market. Aramark offices will occupy the third through the 11th floors. The first two floors, one opening onto the submerged portion of 24th Street and the second opening onto a plaza over the Schuylkill, will feature retail. This usage differs from the previous plans which called for lower level retail with 973,000 feet of office space in floors 2 -8 topped by floors 9 through 20 containing 313 apartment units.
A newly constructed riverfront promenade, landscape for public use, with connect Market and Chestnut Streets to accommodate outdoor dining and recreation, along with street level improvements around the building. Parking will be provided in an adjacent garage
Pursuant to the Zoning, a non binding Civic Design Review meeting will be held on Tue, 10/4, at 1 pm on the 18th floor of 1515 Arch Street.
To see the details of the developer’s current proposal hit this link.