50% OF OWNERS IN RESIDENCE

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MultiHousing News

MultiHousing News:  Southern Land Updates Plans for Philly Tower

Nashville-based Southern Land Company has revised project plans for its 1911 Walnut Street multifamily development in Philadelphia. In a nod to the Pennsylvania State Flower, the property will now be called The Laurel.

Situated on the last remaining undeveloped parcel on Rittenhouse Square, The Laurel at 48 stories will be Philadelphia’s tallest residential-only building. The $300 million Solomon Cordwell Buenz-designed tower will feature 54 condominiums in addition to long- and short-term units with separate lobbies and entrances. Large corner residences will provide panoramic views of the city and Rittenhouse Park.

To read more, visit the MultiHousing News.

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THE LAUREL RITTENHOUSE SQUARE’S CONDOMINIUMS SURPASS 50% SOLD MARK

outhern Land Company (SLC), the real estate developer behind The Laurel Rittenhouse Square, today announced that more than 50% of the condominiums at The Laurel have been sold, including one full-floor penthouse, marking a significant milestone in the development of the 48-story tower