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Originally Posted by TheOldMan
whats the status on the project. from what i heard a while back, sales were slow. is it still happening as far as anyone can tell?
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Groundbreaking is scheduled for April and it seems full steam ahead.
Recent article:
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Some very-high-end projects, such as Scannapieco Development's 1706 Rittenhouse Square, continue to take reservations at a steady pace, since the $4 million to $12 million prices attract buyers with financial resources greater than just home equity. Groundbreaking is due in the spring.
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Philadelphia Magazine reports the penthouse sold for $6.9 million, a new record for Philly real estate.