A significant transformation is taking shape in West Philadelphia's University City, as the construction of a 34-story residential high-rise progresses steadily. Situated at 3615 Chestnut Street, this towering structure, known as The Mark, promises to redefine the skyline and address the growing need for student housing in the area. The building will soar to an impressive height of 414 feet, spanning across a through-block lot from Chestnut Street to Ludlow Street. Designed by BKV Group and developed by Landmark Properties, the project will encompass over 400,000 square feet, featuring spacious amenities and parking facilities.
The Mark's development also pays homage to its historic surroundings. Adjacent to the iconic Ralston House, a four-story building designed by Wilson Brothers in 1886, The Mark integrates modern architecture with historical significance. The Ralston House, originally built for the Indigent Widows and Single Women’s Society, continues to provide essential services for elderly women today. By incorporating the existing building into its floor-area ratio, The Mark has achieved a higher density through an affordable housing bonus, enhancing both functionality and community value. The project will offer a total of 909 beds within 236 apartments and 127 group living units, catering primarily to off-campus students.
This ambitious project represents a major milestone for Landmark Properties, a Georgia-based developer renowned for its expertise in residential properties. With nearly 100 communities and over 60,000 beds under management nationwide, Landmark is no stranger to large-scale developments. The Mark is the company's second venture in University City, following the successful completion of The Standard At Philadelphia, and it sets the stage for future projects like The Legacy on Broad in North Philadelphia. As construction moves forward, The Mark is poised to significantly enhance the local landscape and meet the urgent demand for quality student accommodation. This development underscores the positive impact of thoughtful urban planning and responsible development practices.