1601 Race St
Philadelphia, PA 19102
Franklin Tower · Property For Lease

One Franklin Tower is a twenty-four story, 607,474 rentable square foot building that was completed in 1980. The building will be fully redesigned and renovated in 2015/2016 with a conversion to a premier mixed use project by PMC Property Group. It will offer state of the art apartments on floors 10-24 (CoStar Property ID: 9779341) and first class offices on floors 2-9 with over 200,000 SF of contiguous office space, available late 2016.These floors will offer floor to ceiling glass windows that will be convector free and at 25,000 SF, each floor offers generous light, planning efficiency and 8 corner offices. The office tower will have its own dedicated elevator lobby on 16th street with contemporary design and finishes for todays environment.The building is on the northwest corner of 16th and Race Streets adjacent to a newly renovated 759 room Sheraton convention hotel. The hotel and One Franklin Tower share a 450 parking space, two-story, underground parking garage. Occupants of One Franklin Tower enjoy direct access to the hotels restaurant and amenities. The Fanklin Tower was built in 1980 and is being completely redesigned and renovated in 2017. The redevelopment includes brand new apartments, 200,000 SF of Class A office space and a parking garage with 450 parking spaces. It' s central location makes it easily accessible. It is within walking distance to the Suburban Station, Regional Rail and Subway lines. Easy access to Interstate 676 and I-95.