This month a new residential tower going up in Philadelphia’s Center City submarket structurally topped-out. 1213 Walnut will be a Class A residential tower when it opens this summer. Façade installation, interior construction and mechanical work is still underway.
The project represents the first venture by the partnership of Goldenberg, Hines and ASB. “We are pleased to be well on our way to completing our first development project in Philadelphia, especially one that is setting a new bar for top-quality multifamily product,” said Hines Managing Director Michael Allen.
“It’s exciting to see 1213 take its place in the Center City skyline and to bring our vision to fruition,” added Seth Shapiro, chief operating officer for The Goldenberg Group. “Midtown Village is such a unique enclave in the city, and we’re thrilled to be making incredible progress in delivering a premier luxury residential tower with breathtaking floor-to-ceiling views and spectacular amenities in the heart of this great neighborhood.”
1213 Walnut will be a 26-story 300,000-square-foot, 322-unit for-rent luxury residential tower located in the Midtown Village neighborhood of Center City’s Washington Square West submarket.
The “state-of-the art” apartment tower will feature more than 7,200 square feet of retail space on Walnut and Sansom Streets and over 11,000 square feet of resident community space, including a great room, outdoor terrace lounge overlooking Walnut Street, gaming area, entertainment kitchen, private conference area and “luxurious quiet room.” Other property features include a 3,000+-square-foot indoor/outdoor fitness center with exercise studio and fitness and yoga terrace, rooftop deck, an elevated private dog park, and bicycle storage with workshop.
Construction began in October of 2015, and releasing will begin this April with first occupancy expected in July 2017.