COMMERCIAL CONSTRUCTION

D.C-based architecture firm Hickok Cole is aiming to woo Comcast with a sustainable option for its third tower. The 62-story Timber Towers project was planned between Arch and Cherry streets and 19th and 20th streets and would be the first high-rise to utilize mass timber, an engineered product that uses cross-laminated panels as the primary load-bearing structure of a building. Read more at PhillyVoice.

 

HOSPITALITY

Ensemble Investments announced plans to construct a high-end hotel at the Navy Yard’s former barracks buildings, which it would buy from the city for around $1.5 million. The $100-million plan calls for renovating the three buildings at the south edge of the Central Green. Read more at BisNow.

 

DEVELOPMENT

The Philadelphia Civic Design Review Board has approved Southern Land Company’s plans for a $300-million, 48-story mixed-used tower in Rittenhouse Square. When complete, the Laurel at 1845 Market St. will consist of 54 condos and 24,000 square feet of retail space. Groundbreaking is planned for early next year. Read more at the Philadelphia Business Journal.