17 Market West

17 Market West
1701 Market St,
Philadelphia, PA 19103

17 Market West is an existing 18-story office building consisting of ground floor retail, four levels of above-grade parking, and thirteen levels of office space. The acquisition in September 2023 followed extensive negotiations amid challenging market conditions. Alterra Property Group plans to redevelop the building into a luxury apartment complex with 299 units while retaining 189 parking spaces. Delivery is expected in Spring 2025.