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CPDC Tour of 2000 Arch

On October 23, the Central Philadelphia Development Corporation (CPDC) hosted a behind-the-scenes hard hat tour of 2000 Arch, set to become the headquarters of Chubb Insurance in 2026. Developed by Parkway Corporation, with 18 floors and a total of 430,000 square feet, the building will be a prominent addition to Center City’s skyline and will serve to consolidate multiple existing sites across the region into a single and accessible location. Designed by L2P / Stantec, 2000 Arch emphasizes natural light and sustainability and is on track to receive LEED Platinum certification on completion. The project includes a 3,000 square foot retail space along the 20th Street side, as well as outdoor space for Chubb employees midway up the building where the facade steps back from the street. 

 

After suiting up in hard hats, vests, safety glasses, and gloves, participants began the tour with an overview of the dealmaking process from Wale Mabogunje, Vice President/Project Executive at Parkway and Brian Berson, President of Parkway Commercial Properties, Inc. Planning for the project commenced at the end of 2019, just before the pandemic, with construction starting in 2023. Notably, the agreement between Parkway and Chubb was finalized during the pandemic, underscoring Chubb’s commitment to investing in Philadelphia and enhancing the workplace experience. 

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The initial phase of construction involved excavating the site for the building’s concrete footing, which ultimately took a full year after the construction team encountered unexpected discoveries including remnants of walls from previous structures. Despite these challenges, the building celebrated its topping off ceremony on the same day as our tour. 

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Tour participants took a construction lift to the 9th floor, where they were treated to impressive views of Philadelphia from the office’s future terrace. Once completed, this space will serve as an amenity area featuring planters, pergolas, and a green-roof water management system. As the exterior work approaches completion, Parkway plans to officially hand over the office space to Chubb in early 2026, which will be an exciting and event-filled year for Center City and the region. 

Get Involved 

Interested in joining our next exclusive event? Learn how you can become a member of the Central Philadelphia Development Corporation and attend our member-only events and panels at  joincpdc.org or contact Lauren Smith,  Manager of Economic Development, at 215.440.5553 or lsmith@centercityphila.org.