Parkway developed this building to serve as the new founding office for Morgan Lewis & Bockius, one of the nation's leading law firms.
The idea to turn a 30± space parking lot into a 250-room micro hotel just made sense. In recent years, Philadelphia has been on an upward trend from both a residential and retail standpoint and Parkway, with its Partner, Modus Hotels had the foresight to address the emerging need for short
Parkway initiated this project by prevailing in a public RFP process with a proposal for a $150 million urban mixed-use project across from the National Aquarium on Baltimore's Inner Harbor.
Parkway developed this asset by converting a long-held, profitable surface lot into a key element of a vibrant retail, hospitality, convention and parking hub in Center City Philadelphia.
Over the years, Parkway Corporation has developed projects despite challenges thought to be insurmountable.
Parkway Corporation was consulted on this project by the developer, Azure Developments, who had just completed a complicated and lengthy approvals process for a major new development in the midst of a section of the city that was known up to that time f
After this obsolete Center City Philadelphia asset had been empty for 20 years, Parkway approached the owners with a concept for its adaptive reuse including parking.