Monday, May 2, 2016

23-Story Eastern Tower Expected to Break Ground in June

It's been a long time coming

The long-awaited 23-story Eastern Tower planned for Chinatown may break ground this summer.

John Chin, executive director of the Philadelphia Chinatown Development Corporation (PCDC) told PlanPhilly last week that the current expected groundbreaking date is sometime this June.

It's been a long time coming: We first learned about the proposed development in 2008, when the PCDC was given the land to build a recreation center at 1001 Vine Street. Since that time the corporation has been raising funds for the $77 million project, which will include the 23-story residential tower with 143 luxury units; 11,500 square feet of retail/restaurant space; and a 17,000-square-foot recreation center.

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