The PNC Bank Building is a high-rise office building located in the Market West neighborhood of

Center City, Philadelphia Center City includes the central business district and central neighborhoods of Philadelphia, Pennsylvania, United States. It comprises the area that made up the City of Philadelphia prior to the Act of Consolidation, 1854, which extended the ci ...

. Constructed in 1983, it is 491 feet (150 m) in height and has 39 stories. It houses offices for

PNC Financial Services The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 ...

. It was constructed on the site of the Fox Theatre and the Stanley/Stanton/Milgram Theatre. It is home to a number of businesses, including Cohen Seglias Pallas Greenhall & Furman, PC, Huntington & Franklin, P.C., Philadelphia office of Schnader Harrison Segal & Lewis, Zarella Law Office LLC, Stifel Nicolaus Weisel's Investment Banking group, BCD m&i., and the Tax Warriors of Drucker & Scaccetti, P.C.

Site

The PNC Bank Building is located at 1600 Market Street in the Market West neighborhood of

. It occupies the northeast corner of a

city block A city block, residential block, urban block, or simply block is a central element of urban planning and urban design. In a city with a grid system, the block is the smallest group of buildings that is surrounded by streets. City blocks are th ...

bounded by Market Street to the north, 16th Street to the east, Chestnut Street to the south, and 17th Street to the west. The

land lot In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the sam ...

occupies with a

frontage Frontage is the boundary between a plot of land or a building and the road onto which the plot or building fronts. Frontage may also refer to the full length of this boundary. This length is considered especially important for certain types of ...

of on Market and 16th Streets. The building shares the city block with the

Liberty Place Liberty Place is a skyscraper complex in Philadelphia, Pennsylvania, United States. The complex is composed of a 61-story, skyscraper called One Liberty Place, a 58-story, skyscraper called Two Liberty Place, a two-story shopping mall called ...

skyscraper complex, with One Liberty Place to the west, Two Liberty Place to the south, and the Shops at Liberty Place to the southwest. Other nearby buildings include Centre Square to the east, One Penn Center to the north, and the BNY Mellon Center to the northwest.

History

Provident Mutual Life Insurance Co. was a former tenant of the building. In 1996, the New York-based real estate investment management firm Yarmouth Group oversaw a renovation for the new owners of the building purchased two years before. PNC Bank formally moved its regional headquarters and PNC Asset Management Group national headquarters to the 1600 Market Street building in 1997, occupying 15 floors.

References

{{Philadelphia skyscrapers Skyscraper office buildings in Philadelphia Bank buildings in Pennsylvania Skidmore, Owings & Merrill buildings Office buildings completed in 1983

Site

History

See also

References