1818 Market Street (also known as 1818 WSFS Bank Place) is a 40-story

skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ris ...

downtown ''Downtown'' is a term primarily used in North America by English speakers to refer to a city's sometimes commercial, cultural and often the historical, political and geographic heart. It is often synonymous with its central business distric ...

Philadelphia Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Sinc ...

Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...

. The building was designed by the firm Ewing Cole Cherry Brott (now EwingCole). Construction began on the property in 1972. The developer, Walters Associates, which also developed the Holiday Inn at 1800 Market (now the Sonesta Philadelphia), planned a construction budget of $50 million for the property. It was the tallest building erected in Philadelphia between the completion of

City Hall In local government, a city hall, town hall, civic centre (in the UK or Australia), guildhall, or a municipal building (in the Philippines), is the chief administrative building of a city, town, or other municipality. It usually houses ...

in 1901 and the completion of

One Liberty Place Liberty Place is a skyscraper complex in Philadelphia. The complex is composed of a 61-story, skyscraper called One Liberty Place, a 58-story, skyscraper called Two Liberty Place, a two-story shopping mall called the Shops at Liberty Place, a ...

in 1987, during the period of the "

gentlemen's agreement A gentlemen's agreement, or gentleman's agreement, is an informal and legally non-binding agreement between two or more parties. It is typically oral, but it may be written or simply understood as part of an unspoken agreement by convention or th ...

", the observation of an unofficial height restriction of the top of the hat of the

statue A statue is a free-standing sculpture in which the realistic, full-length figures of persons or animals are carved or cast in a durable material such as wood, metal or stone. Typical statues are life-sized or close to life-size; a sculpture t ...

William Penn William Penn ( – ) was an English writer and religious thinker belonging to the Religious Society of Friends (Quakers), and founder of the Province of Pennsylvania, a North American colony of England. He was an early advocate of democracy a ...

atop City Hall that stood for 86 years. The building is the eleventh-tallest in Philadelphia. The building contains over of office space over 37 floors with six levels of parking. Its major tenants include

ABN Amro ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizat ...

, the American College of Radiology,

WSFS Bank WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and trust company headquartered in Delaware and the Greater Delaware ...

, Booz Allen Hamilton, eResearch Technology,

Five Below 5 is a number, numeral, and glyph. 5, five or number 5 may also refer to: * AD 5, the fifth year of the AD era * 5 BC, the fifth year before the AD era Literature * ''5'' (visual novel), a 2008 visual novel by Ram * ''5'' (comics), an awar ...

Merrill Lynch Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment bank ...

Mitchell & Titus Mitchell & Titus, LLP is an independent member firm of BDO Alliance USA and the largest accounting firm in the United States owned by a minority social group. Headquartered in New York City, the company provides professional services in assuran ...

, Metrocorp, Northwestern Mutual, Swiss Re, and STV Incorporated. The building, currently the tallest reinforced-concrete structure in the city, underwent major renovations in 2003, more than a decade after its facade was treated resulting in its signature white color. In May 2015, the building was purchased by Shorenstein Properties for $184.8 million. In August 2019, WSFS Bank added their logo to the top of the building after completion of their acquisition and rebranding of Beneficial Bank, which had previously been headquartered in the building.

References

External links

Official website
{{authority control Center City, Philadelphia Market Street (Philadelphia) Office buildings completed in 1974 Skyscraper office buildings in Philadelphia

See also

References

External links