Commerce Square is a Class-A, high-rise office building complex in Center City Pennsylvania. Commerce Square consists of One and Two Commerce Square, two identical 41-story office towers 565 feet (172 m) high that surround a paved courtyard of 30,000 square feet (2,800 m2).
Architecturally, the granite-clad towers feature setbacks on the north and south sides of the building and are topped with a pair of stone diamonds with cutout squares in the center. The towers were built as part an office-building boom Philadelphia was experiencing on West Market Street in the late 1980s. Designed by IM Pei & Partners (now called Pei Cobb Freed & Partners), the towers were developed in a joint venture between Maguire Thomas Partners and IBM.
IBM leased more than half of One Commerce Square for the company's Mid-Atlantic headquarters. Construction of the first phase, which included One Commerce Square, the plaza, and retail space, began in 1985 and was completed in 1987. The project's second phase, Two Commerce Square, did not begin until a lead tenant was secured for the building in 1990. Consolidated Rail Corporation (Conrail) agreed to be Two Commerce Square's lead tenant and make the skyscraper its corporate headquarters after a two-year search for office space in the region. Two Commerce Square ended the skyscraper construction boom of the 1980s when it was completed in 1992. No other office skyscraper was built in Philadelphia until Brandywine Realty Trust (NYSE: BDN) built the Cira Centre in 2005.
In the 1990s, Commerce Square's lead tenants reduced their presence dramatically in the towers. IBM moved some of its operations out of Philadelphia in the early 1990s, and Conrail was bought by Norfolk Southern Railway and CSX Transportation later in the decade. Almost all of Conrail's operations were moved out of Philadelphia by the 2000s. Commerce Square was praised mainly for its design of two towers surrounding a plaza. Renowned Philadelphia urban planner Edmund N. Bacon praised Commerce Square and its plaza by saying it "will prove to be one of the finest commercial projects to be built in this century".
CommerceSquare is a Class-A, high-rise office building complex in Center City Pennsylvania. CommerceSquare consists of One and Two CommerceSquare, two...
One CommerceSquare is a 30-story skyscraper in Downtown Memphis which is locally referred to as the "iBank Tower". The building was formerly known as...
2022. "One CommerceSquare". Emporis.com. Archived from the original on February 20, 2007. Retrieved August 22, 2007. "CommerceSquare". SkyscraperPage...
Known in development as Union Square Phase 7, its current name was officially announced in 2005. The International Commerce Centre was completed in phases...
of Commerce (CIBC) and its predecessor, the Canadian Bank of Commerce, from 1931 to 2021. Although CIBC relocated its headquarters to CIBC Square, the...
corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario. The Canadian Imperial Bank of Commerce was formed through the 1961 merger...
of Commerce Building (Kansas City, Missouri), also NRHP-listed One CommerceSquare, Memphis, Tennessee, skyscraper built by National Bank of Commerce, also...
Memphis since World War II: 100 North Main, Raymond James Tower, One CommerceSquare, and First Tennessee Bank Building. This has resulted in a smaller...
2007. "One CommerceSquare". Emporis.com. Archived from the original on February 20, 2007. Retrieved August 22, 2007. "CommerceSquare". SkyscraperPage...
Place I (Hamilton, Ontario) Commerce Place II (Hamilton, Ontario) CommerceSquare This disambiguation page lists articles about distinct geographical...
Plaza Medan Mall Naim Street Mall Parkcity CommerceSquare Mall Parkcity Mall The Spring Bintulu Times Square Mega Mall Aiman Mall (@iman Mall) Summer Mall...
Critical Care Medicine: The Essentials and More. 5th Edition. Two CommerceSquare, 2001 Market Street, Philadelphia, PA 19103 USA:Lippincott Williams...
poor condition in Philadelphia. In a 1934 United States Department of Commerce survey of 433,796 houses found that eight in every thousand homes lacked...
profitable commerce and industrialization of Lower Manhattan pushed homes, theaters, and prostitution northward from the Tenderloin District, Longacre Square became...
of Mordovia, an administrative republic of Russia. It is the center of commerce and finance, culture, sports and entertainment in the Republic. Saransk...
Square (Terreiro do Paço) gave rise to a new square, the Pombaline CommerceSquare (Praça do Comércio). The two towers at the corners of the square are...
office skyscrapers in Center City such as the Mellon Bank Center and CommerceSquare began. This construction boom, which lasted until the early 1990s,...
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