Headlines: Independence Blue Cross Slowly Taking Over Market Street West
Independence Blue Cross will lease office space. | Photo: James Jennings
Yesterday’s news was all about the resurgence of Market East, thanks in large part to the massive redevelopment project at The Gallery. Henceforth, it will be known as the Fashion Outlets of Philadelphia. Let’s not forget about all the activity on the west side of Market Street.
Natalie Kostelni of the Philadelphia Business Journal reports that Independence Blue Cross will be taking over a sizable chunk of office space at 1900 Market Street, also known as the Stock Exchange building. Brandywine Realty Trust is renovating building, possibly with a new mechanical parking system, and Kostelni reports the area is becoming an “urban campus” for IBX. The insurance giant has its headquarters at 1901 Market and they’re moving into some space at 1919 Market, another Brandywine project that’s rising across the street. They also have an “innovation center” at 1700 Market Street.
- Exclusive: Insurer takes big lease at Stock Exchange building in Center City [Philadelphia Business Journal]
More Headlines:
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- David Barton Scraps Plans for 15th and Walnut Location [Be Well Philly]
- 10 Ways that Cities can Take Advantage of the Urban Manufacturing Revival [Sustainable Cities]
- Historical Commission approves Wood Street redo; Race St. condos and Chestnut St. designations [PlanPhilly]
- Tom Hanks and Antonio Banderas’ Philadelphia Loft Asks $719K [Curbed Philly]
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