Title: 500 Walnut
Project: 40 condominium units
Architect: Cecil Baker & Associates
Developer: Scannapieco
Location: 500 Walnut St., Philadelphia, PA
Neighborhood: Society Hill
District: Center City
Floors: 26
Height: 380 ft
Quote:
The developer of Center City's luxury 1706 Rittenhouse Square Street condominiums said Monday that he plans to build a 26-story, 40-unit condo tower at Fifth and Walnut Streets at a cost of $150 million.
The tower will overlook Independence Hall, developer Tom Scannapieco said, and will be built on an 18,155-square-foot site vacant for more than a decade. A number of proposals for the land have been made, most recently in 2004.
Scannapieco said construction should begin in spring 2015, with units ready for occupancy in March 2017.
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