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Vertical Neighborhood Mixed-Use Tower
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2929 Walnut St, Philadelphia, PA

49-story tower with office, residential, retail, and amenity spaces.

Space Size2,197 SF - 25,303 SF
Lot Size2.60 Acres
Days on Market337

Property Features for 2929 Walnut St

General Information

Standard status Active
Size 2,197 SF - 25,303 SF
Lot size 2.60 Acres
Property subtype OFFICE

Site & Location

Neighborhood Center City

Spaces For Lease

at 2929 Walnut St Contact us
Name Size Type Rate Availability
FMC Tower 6,456 SF OFFICE Contact for pricing AVAILABLE, 30 Days Contact us
FMC Tower 25,303 SF OFFICE Contact for pricing AVAILABLE, 30 Days Contact us
FMC Tower 25,284 SF OFFICE Contact for pricing AVAILABLE, 30 Days Contact us
FMC Tower 25,265 SF OFFICE Contact for pricing AVAILABLE, 30 Days Contact us
FMC Tower 25,248 SF OFFICE Contact for pricing AVAILABLE, 30 Days Contact us
FMC Tower at Cira Centre S 24,771 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
FMC Tower at Cira Centre S 10,457 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
FMC Tower at Cira Centre S 3,184 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
FMC Tower at Cira Centre S 2,197 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
FMC Tower at Cira Centre S 3,980 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
FMC Tower at Cira Centre S 4,537 SF OFFICE Contact for pricing AVAILABLE, Now Contact us
Listing Agency: Brandywine Realty Trust - HQ
Listed By: Steve Rush
Source: Moodyscre
Added: Nov 24, 2025 Changed: Oct 25 Last Checked: Oct 26 at 5:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brandywine Realty Trust - HQ

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Investment Insights

Based on property information with market context.

This 49-story, 725-foot tower in Philadelphia represents a vertical neighborhood, integrating office, residential/hotel, retail/restaurant, amenity, and elevated outdoor spaces. Designed by Pelli Clarke Pelli Architects, the building combines architecture with advanced engineering and LEED-based sustainable design. It serves as a gateway to University City, placing it near Schuylkill Yards and the 30th Street Station District Plan. Accessibility is enhanced by its proximity to 30th Street Station, Interstates 76 and 676, the Schuylkill River Trail, and PHL Airport, which is 15 minutes away by rail. Floors 29 through 46 feature 268 residential units and extended-stay corporate suites with city views, designed by Piero Lissoni of Piero Lissoni Associati and managed by AKA, a division of Korman Communities. The building includes a ground floor lobby with concierge service, a restaurant and bar from a Michelin award-winning team with outdoor seating, catering, and room service, and a porte-cochere for car service and valet. A complimentary shuttle service loops through Market Street to City Hall and down the Walnut Street corridor. An adjacent parking facility offers 1,665 vehicle spaces and bike racks. Cira Green, an elevated urban park, provides city skyline views. Additional amenities include a conference room, greenspace, fitness facilities, a hotel, and access to public transit, retail, and restaurants.

Key Highlights

  • Philadelphia's First Vertical Neighborhood: Experience a unique, integrated environment within a 49‑story tower.
  • World‑Class Design: Architecture by Pelli Clarke Pelli Architects, featuring iconic design with advanced engineering.
  • Ultra‑Luxury Residences with High Views: 268 units on floors 29‑46 offering some of the highest views in the city.

Property Analytics

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Open Analytics

Current Use

AKA University City ... Apartment Building Garnet Captive Insurance Agency Watchtower Property Co. Property Management Company Iron Stone Real ... Construction Company Wharton Alumni Relations Academic Department

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Fish Market Auto Parts Store Butcher Tanning Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

9,902
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Philadelphia, PA

$21.96 /SF/Yr
Avg Asking Price
$6.31–$72 /SF/Yr
Price Range
13,937 SF
Avg Space Size

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025

Frequently Asked Questions

What type of property is this?
Office unit - 49-story tower with office, residential, retail, and amenity spaces.
Where is this office unit located?
The property is located at 2929 Walnut St Philadelphia, PA.
What are key features of this property?
This property features: Philadelphia's First Vertical Neighborhood: Experience a unique, integrated environment within a 49‑story tower.; World‑Class Design: Architecture by Pelli Clarke Pelli Architects, featuring iconic design with advanced engineering.; Ultra‑Luxury Residences with High Views: 268 units on floors 29‑46 offering some of the highest views in the city.
(215) 397-1562 Call to check price and availability
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