Philadelphia Savings Fund Society Building

Philadelphia, Philadelphia, Pennsylvania Listed Ref. 76001667 National Historic Landmark Building
Philadelphia Savings Fund Society Building, Philadelphia, Pennsylvania
Photo: Jack Boucher, Public domain, via Wikimedia Commons
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Why it's listed

Completed in 1932 at 12th and Market Streets in Philadelphia, the PSFS Building is a 36-story office tower designed by George Howe and William Lescaze for the Philadelphia Savings Fund Society. Rising 491 feet, it places its banking hall on the second floor, carried by a 16-1/2 foot deep truss spanning 63 feet, with the office tower rising above on structural columns. Its design followed functional modernist principles, and it was the second skyscraper in the United States to be fully air conditioned. Interiors used stainless steel, marble, rare woods and leather, and the rooftop board room has ebony and walnut sliding walls. Willcox took an active part in the design and is credited with the final vertical character of the tower. The building is regarded as the masterpiece of Howe and Lescaze and a landmark in American architecture, and it was significant for its innovation in both structure and interior finish.

Significance in brief: The nomination argues the building is perhaps the most important skyscraper built in America between the Chicago School and the International Style, and that its design is technically superb and innovative in its use of materials and equipment. It is described as a landmark in American architectural history, and its design is credited to a unique client-architect relationship with president James M. Willcox.

Machine-generated summary. This summary was generated by a language model from the official nomination document and has not been reviewed line by line by an editor. It may contain errors. Check the source document before relying on any detail. Source: nomination document (PDF) · National Archives catalog entry. NRHP reference 76001667, listed December 8, 1976. Summary generated October 2026 (model claude-haiku-5-5, prompt v1.1-2026-10-29, confidence medium).

Key facts

Address12 S. 19th St., Philadelphia
CountyPhiladelphia
ListedDecember 8, 1976
Reference number76001667
Resource typeBuilding
Architect / builderGeorge Howe and William Lescaze
Architectural styleModern (International Style)
Areas of significanceEngineering, Architecture
Level of significanceNational
National Historic LandmarkYes, designated December 8, 1976
Acreage0.9
Within districtEast Center City Commercial Historic District
Coordinates39.95159, -75.16026 (NPS GIS)

What listing means for this property

For an income-producing building, listing (individually or as a contributing building in a district) is the gateway to the 20% federal rehabilitation tax credit on qualified rehabilitation costs, often stackable with state credits. Work claiming the credit must follow the Secretary of the Interior's Standards and be approved in advance.

Listing does not restrict a private owner acting without federal money or permits; where federal funding or licensing is involved, Section 106 review applies.

General information, not legal or tax advice. Rules change; confirm with your State Historic Preservation Office or a qualified adviser.

Sources and further reading

Last updated October 2026. Found an error? See the editorial policy for how to report it.