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welcome to Locust Square

Yesterday, we noticed that fences have gone up around the nearly one-hundred year old Bob Morris building at 17th and Arch Sts. Purchased for $6.5M in 2004 by 1701 Partners LP, the building’s interior was demoed in 2007 in anticipation of a new Kimpton Hotel leasing the building. In the meantime, 2008 happened, and the hotel ain’t coming.

According to a press release from Federal Capital Partners, a DC based company providing some financing for this project, the fourteen story building will contain 111 luxury apartments along with a media center and a small gym. There will be retail space on the first floor, but no word on tenants just yet. With the Comcast Building across the street, and additional development possibly coming to the surrounding blocks of Arch St., these apartments are in a very desirable location. Whether the apartments themselves or the facade restoration will be equally desirable seems like a question for another day.

Did you know: Robert Morris was one of the primary sponsors of the Revolutionary War. Thanks, Mr. Morris!

Gottahava construction site

 

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COMMENTS
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Posted in Locust Square | Tagged , , , , | 11 Comments
  • http://thisoldcity.com This Old City

    Gorgeous building… one of only a few examples of Gothic in our city.

    Glad to see some life returning to this jem.

  • http://twitter.com/phillygrub Philly Grub

    I’ve always adored that building! 

  • http://www.philadelphiaspeaks.com/forum/center-city/24508-robert-morris-building-rehab.html#post406819 Robert Morris Building Rehab

    [...] the hammers are a'swingin folks… Bob Morris Building Is Under Construction | NakedPhilly Reply With Quote + Reply to Thread « Previous Thread | Next [...]

  • http://www.philadelphiaspeaks.com/forum/architecture-urban-planning/21809-status-report-2.html#post406822 status report

    [...] Naked Philly. Who is behind this site? They are on top of everything and we owe our gratitude. Bob Morris Building Is Under Construction | NakedPhilly Reply With Quote + Reply to [...]

  • 3rd&Brown

    Incredible building. Was really hoping it’d be reborn as a Kimpton Hotel, as their facade work has been top notch, but nonetheless, this is good news.

  • http://twitter.com/jayfar jayfar

    “Did you know: Robert Morris was one of the primary sponsors of the Revolutionary War. Thanks, Mr. Morris!”
    And we thanked him later by tossing him into debtors prison.

  • Planet

    Hope they don’t kick Wawa out…

  • Emilyher

    I wonder if they will allow Pets; although, a few brief advertisements list cost of apartments, no news on amenities are included.  Yet, they are pre-leasing, without knowing amenities, especially Pets, prospective tenants can’t make a informed decision.  I love the location and the exterior of the building is impressive, but that certainly is not enough!

  • http://nakedphilly.com/logan-square/suits-breathe-a-sigh-of-relief-as-wawa-returns-across-from-comcast-building/ Suits Breathe a Sigh of Relief as Wawa Returns Across From Comcast Building | NakedPhilly

    [...] the locations in the Rittenhouse neighborhood. And when we saw the Wawa at 1701 Arch St., in the under-construction Robert Morris Building close down a few months ago, you can imagine we were skeptical of the announced plans that the [...]

  • http://nakedphilly.com/washington-square-west/delorean-time-machine-robert-morris-building/ Delorean Time Machine: Robert Morris Building | NakedPhilly

    [...] as the Robert Morris Building, is not to be mistaken with the Robert Morris Building apartments at 17th and Arch. This far more modestly sized building does have its own unique history though.  At one time the [...]

  • http://nakedphilly.com/uncategorized/the-benefits-of-federal-historic-tax-credits/ The Benefits of Federal Historic Tax Credits | NakedPhilly

    [...] Streets into apartments. That project totaled around $70M, which makes for a $14M rebate. The Morris Building that was renovated at 17th & Arch is another example of an old structure that benefitted [...]

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