Quote:
Originally Posted by cardeza
308k isnt that big, I'm assuming that would be 15 floors or less. But better than a parking lot.
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The articles only mention the 1701 Market building, I think it's important to add that Morgan Lewis also has 4 floors leased over in 1801 Market (Ten Penn Center) and a giant data center-document review space in Suburban Station. So it's probably a lot more than 289,000 sq. ft of space that Morgan Lewis is looking for to completely house all operations, and plan for future growth (the firm has grown a lot over the last decade).
Some more info: when Parkway Corp. applied for a state grant seeking $5 mil, the building was described as: "a 331,500 square-foot Class A office building with a green roof, public commercial space and 50-spot underground garage. The project would be LEED certified and feature “an ergonomically designed office layout, fostering productivity and collaboration among workers.”
Morgan Lewis currently has a 6 floor parking garage at 1701, and a lot of employees still do drive in from the burbs/South Jersey... so ultimately, if Morgan signs on here, I think sq. footage/building design are all really a work in progress. They will want a lot more than 50 parking spaces.