Philadelphia’s office pipeline is projected to increase its stock of office space by 1.5 million, according to a new CommercialCafe report.
This represents a 0.8 percent increase of the city’s office space stock.
The Philadelphia market represents one of this year’s top 20 largest office development projects, ranking 11th.
It’s also home to one of the top office deliveries in 2025 in 3201 Cuthbert Street that is owned by the Gattuso Development Partners. The 519,647-square-foot project is expected to be completed very soon.
Across the major U.S. markets, the report estimates that 51 million square feet of office space is under development. Similar to last year, Boston is at the top for most square feet of office space under construction at 7.3 million.
This is more than double the second place city Austin.
Boston is also home to the largest life science project under construction in the 960,000-square-foot Fenway Center.
Read more about how Philadelphia fares among other major markets for its office space pipeline at CommercialCafe.
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