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500 Walnut Breaking Ground This Month

500 Walnut

Photo rendering courtesy of Cecil Baker, the architect who designed 500 Walnut.

PhillyMag.com reported that the groundbreaking ceremony has been scheduled for the new development at 500 Walnut Street on March 12th.  The $75 million project spearheaded by developer Tom Scannapieco is expected to be one of the most innovative condo buildings in Philadelphia.  Philadelphia Mayor Michael Nutter is expected to be in attendance at the 11:30 a.m. ceremony, which will take place a few blocks away from the site at the National Museum of American Jewish History.

500 Walnut is expected to open in Spring 2017. Below are some of the features the 26-story glass building will include:

– Spacious and fully customized residences that range from 2,600 to 8,500 square feet.

– Two-story penthouses loaded with awesome features that include balconies, an elevator and other amenities. Prices are around $17.6 million.

– Fully automated Robotic Parking System (amazing!).

– Residents will enjoy the sky-lit 50 foot pool with a hot tub, library/billard room, fitness center, private boardroom and an entertainment suite. Also, the building will feature a 4,000 sqft landscaped outdoor terrace overlooking Independence Park.

This building is going to be incredible to say the least.

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