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welcome to Rittenhouse

A reader has tipped us off that the buildings on the southeast corner of 15th and Walnut Sts. might not be long for this world.

The first three buildings off the corner

A look down 15th St.

 

The corner building currently houses Miga, Elixr, and Panache Hair Design, and has not had a tenant in the corner space since Bank of America moved down 15th St. The next two buildings have Lush and Rite Aid for tenants. Managed by Midwood Investments, these buildings together occupy about 15K sqft. of some of the most desirable real estate in the city. A couple of years ago, a plan was formulated to tear down these buildings and construct a five-story, glass sheathed building with three floors of retail (including basement) and three floors of commercial office space.

From what sources tell us, the project has changed, and Midwood is now looking to build a two story building on the site, still with an all glass facade. We have heard that an exciting retail tenant is extremely interested in the building, but we don’t know who it is yet. Also, word is that Bohlin Cywinski Jackson could be doing the design. BCJ is probably best known for the Apple Store Cube in New York. Locally, they also designed the Liberty Bell Center and the new Penn Dental Building.

Famous Apple Store in NYC by BCJ. Image from luccawithcheese

We hear this development is still a ways off, but when/if it does get built, it certainly should have an impact on Walnut St., provided the retail tenant draws the crowds. Also, exciting new architecture could bring a new energy to a block that has looked much as it does today for a long time. The possible loss of the corner building and the space that currently houses Lush would be a shame, but with neither certified historic, it seems that there is nothing anyone could do to stop their demolition.

Remember Fleet Bank?

Now if we could just figure out who the mystery tenant is. A second CityTarget anyone?

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COMMENTS
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Posted in Rittenhouse | Tagged , , , , , , , , , , | 17 Comments
  • http://pulse.yahoo.com/_AGVKE54ZXNZWMBGQWHOV6UDQHY martha

    oh, please let it be a crate and barrel. I can’t imagine that any store selling home goods is in a position to build new downtown stores, but it would be nice to be able to buy that sort of thing without getting in the car and driving to cherry hill or KoP. 

  • Anonymous

    How about Room & Board or Design Within Reach? I know R&B is looking to open in the area. 

  • earnest9

    Its a shame to hear that those two buildings might go. I must have walked by those building at least a thousand times over the course of the years. Philly doesn’t seem to be too innovative about preserving its architecture. I know in Boston, for example, they will often incorporate the existing facade or build high rises on top of historical buildings in order to preserve the character of the neighborhood.

    Anyways, this project might not happen for quite sometime, considering that a coffee shop opened up in the building on Walnut and 15th a few months ago.

  • Guest

    There’s a DWR at 17th & Walnut

  • http://twitter.com/c_illustrates Chris Fernandez

    There WAS a DWR on 17th and Walnut. Shut down a year ago or so. Now its going to be a Doc Martens I think.

    I’ve heard that R&B was looking too, would be awesome. Also heard Restoration Hardware was poking around for space that was large enough a while back… though’ all glass’ has me thinking (without any insight or insider knowledge whatsoever) about CB2 which would be cool as the closest one I know of is in NYC.

  • Anonymous

    i know for a fact there will not be a CB2 at that location. I’ll leave it at that…

  • Omp835

    thats long been gone,

  • JonP

    Bring back Hotel Flanders! http://www.shorpy.com/node/9331

    Also note: That Lush building is old, but it wasn’t there in 1905.

  • earnest9

    Wow. Thanks for sharing. I never knew there was a building of that height there. I wonder if the first two or three floors still exist under the present facade.

    I agree. Bring back Hotel Flanders! It would certainly be better than some two story glass box.

  • http://www.facebook.com/profile.php?id=9320685 Geoff Kees Thompson

    two stories? in one of the densest most desirable areas to live in the city? are these developers brain dead?

  • guest

    does that mean there will be one at another location?  do tell!

  • Wyndetryst

    Interestingly BCJ also designed the Philly Apple store: http://www.zdnet.com/blog/apple/peter-bohlin-designs-first-apple-store-in-philadelphia/6321. 
    Certainly note as sexy as the Apple cube in NYC but still a good use of modern updates to a historical building.

  • phillyaggie

    Boston is hardly the only one that does that, and Philly has plenty of examples of that sort of thing.  Just stroll over across Broad St to Washington West and Society Hill areas.  St James apartment tower is one example.  The Penn hospital along Pine St is another example. 

    On the other hand, these buildings hardly look worth saving, especially the corner one.

    More importantly, here’s another project that is getting rid of planned office space.  That’s the untold story in Center City– we are losing the downtown core’s office spaces and becoming a bedroom community for the suburbs (and NYC?).  How sustainable can that be?  The fact that such a desirable location has enough ratable to only support a 2-story building says a lot about Philly’s ailing economy.  Are people in City Hall listening?  Do they even care?

  • breal

    Some other facade preservations include the old Fire Insurance building at 508 Walnut, Rittenhouse Club at 1811 Walnut and the two buildings that flank the Curtis Institute’s spanking new Lenfest Hall.  All of these involved innovation and no doubt big $$$ in the name of preservation.  Very cool.

    In regards to office space along Walnut: I don’t think it is as week as you allude to. For example, 1619 Walnut recently invested millions in a modern facade.  I’d say the building is comparable to this proposed project.  The result is each office floor is occupied, while the retail spaces on the 1st and 2nd floors are yet to be leased.  I think Midwood is being overly conservative if they don’t see office space as a profitable development at this corner.

  • earnest9

    Yes, there are several examples of where historical facades have been incorporated into modern buildings in and and around the city, but I would still assert that Philadelphia seems to fall behind Boston in terms of its preservation policies. The Church of the Assumption comes to mind as does the 5 or 6 historical structures which were demolished to make way for the convention center expansion. Added on to this I’m sure every day a dilapidated row house falls somewhere in the greater Philadelphia area.

  • earnest9

    I’ve actually grown rather fond of the building on the corner. There’s something kind of nostalgic and unusual about it. You certainly don’t see too many buildings that are of that particular style in the city. Perhaps, at least, they could incorporate the neo-classical facade of Lush into the new building?

  • http://nakedphilly.com/rittenhouse/elixrs-upcoming-move-indicates-that-construction-is-coming-soon-to-15th-and-walnut/ Elixr’s Upcoming Move Indicates That Construction is Coming Soon to 15th and Walnut | NakedPhilly

    [...] a year ago, we initially told you about the likelihood that the buildings at the corner of 15th & Walnut would be torn down and replaced with a slightly taller new construction building with all new tenants. In the spring, [...]

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