Developers of East Market unveil plans

The investors backing East Market, a proposed $500 million redevelopment of Market, Ludlow, and Chestnut Streets between 11th and 12th Streets in Center City, have sketched out the first stage of development: two floors of stores topped by 322 apartments rising to 17 stories.

“We’re going to create this great place that connects all these neighborhoods – the Convention Center and the hotels to Midtown Village, and City Hall and the office towers to the historic district,” said Daniel Killinger, who heads the development arm of Washington-based National Real Estate Advisors, East Market’s union-backed lead investor.
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