PHILADELPHIA | 33 N. 22nd Street | 316 FT | 29 FLOORS

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A building? Fronting JFK Boulevard? Insanity!

Title: 33 N. 22nd Street
Project: Residential
Architect: Solomon Cordwell Buenz
Developer: PMC Property Group
Location: 33 North 22nd Street, Philadelphia, PA
Neighborhood: Center City West (Market West)
District: Center City
Floors: 29 Floors
Height: 316 FT





341-Unit Tower Proposed on Trader Joe’s Parking Lot

You’ve probably queued up waiting to get into the Trader Joe’s parking lot on 22nd St. Lately, you’ve probably waited in line again to get into the supermarket, and then again to check out. It seems like Trader Joe’s is constantly busy, slinging fresh produce, tasty snacks, and frozen products to the masses. The store at 22nd and Market proved to be so successful that the chain recently opened a second location in the city near the convention center. Or, did they open it in anticipation of their business at the original location being interrupted in the near future?

The 32,616 square foot, CMX-5 zoned parking lot behind Trader Joe’s at 33 N. 22nd St. has always seemed like a prime development opportunity to us. Its surrounded by condo buildings and office towers, sits along the trolley line, and is a short walk to 30th Street Station. Three nearby mega surface lots are in various planning stages to be redeveloped. Although the parking lot may be convenient for grocery shoppers, the highest and best use of this land is not for the storage of vehicles and shopping carts.

A little less than a year ago, we saw some test boring taking place on the site and knew something was in the works for the parcel. Looks like we now have a good idea of what is planned. On September 1st, the owners will go before the Zoning Board of Adjustment (ZBA) seeking approval to build tower with 341 residential units on floors 7 through 29 and 248 car parking spaces within an accessory garage and on floors 0 through 6. The proposal also includes 114 bicycle spaces.

http://www.rising.realestate/341-unit-tower-proposed-on-trader-joes-parking-lot/


CDR Submission