PHILADELPHIA | 1301 Market Street | FT | 38 FLOORS

Office tower planned at long-empty lot near Philadelphia City Hall

West Conshohocken-based developer Oliver Tyrone Pulver Corp. is under contract to acquire the long-vacant lot at 13th and Market Streets near City Hall, with plans for a 38-story office tower at the site, the company said in a release Monday.

The 840,000-square-foot 1301 Market Street Building, to be designed by architecture firm Skidmore, Owings & Merrill, should be ready for occupancy in early 2020, the developer said. The glass-sheathed office building also will include retail space, two landscaped outdoor roof terraces, and other amenities, it said.

"The location and amenities at this office building will enable tenants to draw from a huge talent pool that expects a vibrant and accessible work location,” company president Donald Pulver said in the release.