The 1100 block of Chestnut Street in Center City East will be the new home to a $60 million residential and retail space project. Brickstone Co. is leading the development project with plans to construct 96 loft-style apartments and retail space. The project will span from 1116 to 1128 Chestnut Street.
According to Philly.com, plans and permits were approved by the Zoning Board yesterday and demolition will begin within the next few weeks. The residential 1 bedrooms apartment units are expected to start at $2,000 a month. Project completion is expected by next summer where Center City visitors and residents will enjoy the new six-story urban development.