What is the approved budget of 1818 Market Street?
1818 Market Street is a 152.4-metre office tower in central Philadelphia. Designed by Ewing Cole Cherry Brott, the project was announced in 1972 with a $50 million construction budget and completed in 1974. The 40-floor tower contains 91,206 square metres of gross floor area. Later owners carried out several renovation programs, including $29.5 million of construction-related upgrades between 2015 and 2021.
Approved budget
$50 million
Cost basis: 1972
WobbanightCC0
Cost record
How the cost changed
Budgets, contracts and final costs may cover different stages. Each figure keeps its own year and source.
Approved budget
1972$50 million
Newspapers.comPublished project estimate
2015$22.5 million
phillymag.comSpent to date
2021$29.5 million
spglobal.comReported project cost
2006$5 million
ashforth.comProject metrics
Key dimensions
- HeightCouncil on Vertical Urbanism (The Skyscraper Center)
- 152.4 m
- Floor areaCouncil on Vertical Urbanism (The Skyscraper Center)
- 91,206 m²
Project record