
National Real Estate Advisors will begin demolishing the remains of the old Snellenberg Departmemt Store to make way for their $500M redevelopment of the entire block. The initial phase will include a 17 story tower, retail space, and a renovated Family Court building on 11th Street.
Although the market will control future phases - which was the plan when the Gallery was built to support two office towers - this project will be the shot Market East needs. Apartments along 11th Street will help spur adjacent development between Market and Chestnut. Likewise, it s retail presence will provide the Gallery with the competition it needs to step up its game.
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