Historic $16M Market Street Transformation Begins in Old City

Historic $16M Market Street transformation begins in Old City. Expect traffic, parking restrictions through 2026. Philly officials broke ground on a transformation that will bring bike lanes to Old City, but snarl traffic and restrict parking. Rendering shows a statue of Chief Tamenend, currently at Front and Market Streets, moved as centerpiece of a planned Tamenend Plaza at Second and Market.

Market Street from Second to Sixth Streets, with the goal of making the historic thoroughfare a much easier place to walk, bike, and eat.Mike Carroll, the city’s deputy managing director for Transportation and Infrastructure, said at a ceremony Tuesday that while the true birthplace of America might be at Independence Hall, “in a significant way, it starts right here, too, at Second and Market. This is a place which has been a neighborhood for a really long time.”District, said the plan to reinvent Market Street began years ago, with a survey of businesses and residents in 2015 and a study in 2017 that showed the possibilities. He said studies show that as foot traffic increases, so do sales. “Stakeholders said they wanted to walk, to bike and take public transit more in the neighborhood through and from Old City, and they wanted to drive less,” Itzkowitz said.call for a pedestrian plaza referred to in plans as Tamanend Square to be built at Second and Market Streets as the centerpiece of the overhaul, which includes a “road diet” to accommodate new raised, protected bike lanes. Officials also hope to move the existing statue depicting Chief Tamanend, now at Front and Market, to the new plaza in honor of the Lenni-Lenape, the Indigenous inhabitants of Philadelphia. Bill Marrazzo, chair of the nonprofit Independence Historical Trust, said Tamanend Square would mark the city’s first space dedicated to Native American

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Stock market today: Asian shares are mixed after Wall Street suffers worst loss since Election DayShares are mixed in Asia after U.S. stocks fell to their worst loss since Election Day.
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Stock market today: Asian shares are mixed after Wall Street suffers worst loss since Election DayShares are mixed in Asia after U.S. stocks fell to their worst loss since Election Day.
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