In Philadelphia, Southern Land Co. (SLC) has delivered The Laurel Rittenhouse Square condominiums and 1909 Rittenhouse apartments within a 599-foot ultra-luxury residential tower. Above Philadelphia’s famed Rittenhouse Square, the 48-story high-rise is the last newly constructed residential building at the coveted location.
“The Laurel and 1909 Rittenhouse have transformed the Philadelphia skyline and delivered a truly special offering to match its iconic location,” says Tim Downey, SLC founder and CEO. “We are thrilled to celebrate the completion of this once-in-a-generation property and our continued partnership with the city of Philadelphia.”
Designed by Solomon Cordwell Buenz, The Laurel’s height and all-glass design lends sweeping views of the Center City skyline while also offering privacy to its residents. On the uppermost floors (27 to 48), The Laurel includes 65 for-sale condominiums ranging in size from 1,741 to 9,000 square feet, with each floor plan offering expansive corner residences.
The property’s list of white-glove amenities includes valet parking; an indoor pool and hot tub; a five-star fitness center with a luxury locker room, steam room, and sauna; a yoga and cycling room; a Club Room with a bar, catering kitchen, and terrace overlooking Rittenhouse Square; a conference room; and a dog spa. Residents also have access to a rental suite for out-of-town guests and a luxury car service.
Offering 184 units, 1909 Rittenhouse is SLC’s luxury apartment building that spans the third to 25th floors of the tower. The mix of studio, one-, and two-bedroom floor plans, from 550 to 1,375 square feet, boasts custom lighting, designer finishes, and panoramic views. 1909 Rittenhouse is nearly fully leased.
On the first three floors of the mixed-use tower, 44,000 square feet of high-end restaurant and retail space wraps Walnut, Sansom, and 20th streets within a welcoming brick pedestal. The carefully curated mix of restaurants and retailers will include a new Schulson restaurant and Philadelphia’s first Equinox Fitness, which is set to open in the fall.
SLC also included Ronan Flats in the comprehensive Laurel development. Ronan Flats offers 32 income-restricted apartments for individuals that earn less than 60% of the area median income, and it includes amenities such as a fitness center, a club room, and controlled access. Ronan Flats is 100% leased and occupied.
“The Laurel and 1909 Rittenhouse are the types of exciting projects that attract new energy, new residents, and greater economic development to Philadelphia,” says mayor Cherelle Parker. “Southern Land Co. has been committed to Philadelphia’s growth for more than a decade, and I am excited to see what comes next from this team.”
