PHILADELPHIA, Penn. (July 24, 2023) – Southern Land Company (SLC), a national real estate developer of award-winning mixed-use developments and master-planned communities, today announced it has closed more than $100 million in condominium sales at The Laurel Rittenhouse Square, marking a significant milestone at the 48-story luxury tower.
Rising 599 feet above Philadelphia’s famed Rittenhouse Square, The Laurel is the last newly constructed residential building in Philadelphia’s most coveted location and the tallest luxury residential tower in the city. It houses 65 for-sale condominiums on the uppermost floors.
“Buyers searching for exceptional design paired with best-in-class lifestyle opportunities in the foremost locale are ending their searches here at The Laurel,” said Brian Emmons, Vice President, Southern Land Company. “It is a testament to our team’s commitment to raising the bar for Rittenhouse Square living.”
Designed by Solomon Cordwell Buenz, The Laurel’s soaring height and all-glass design allows for expansive views of the Center City skyline while simultaneously offering the utmost privacy to its tower’s residents. Each condominium floor plan features generous corner residences, offering unparalleled panoramic views of the city and Rittenhouse Square. Full-floor penthouses grace the very top floors, 46-48, offering unmatched levels of luxury. Each penthouse is fully customizable, allowing owners to design the interiors of their homes to meet their individual needs and wants, and has 360-degree, uninterrupted views of the city.
The Laurel brings to Rittenhouse Square 44,000 square feet of high-end restaurant and retail space on the first three floors wrapping around Walnut, Sansom, and 20th Streets. Solidly rooted in Philadelphia’s brick-and-stone traditions, the building’s pedestal forms a welcoming streetscape that will feature world-class dining with the addition of a new Schulson Collective restaurant, a Mediterranean concept set to comprise approximately 5,500 square feet. Additionally, The Laurel will soon offer the best in health and wellness with the arrival of Philadelphia’s first Equinox, the global leader in lifestyle fitness and performance. Equinox will span 40,000 square feet of the first two floors of The Laurel.
Residents of The Laurel’s condominiums enjoy white glove amenities, including valet parking; an indoor pool and hot tub with sweeping views from the 26th floor; a five-star fitness center with a luxury locker room, steam room, and sauna; a yoga and cycling room; a Club Room with bar and catering kitchen and terrace overlooking Rittenhouse Square; a conference room; and a dog spa. Residents can also take advantage of the guest suite for out-of-town visitors as well as a luxury car service.
The Laurel offers residences with prices starting in the upper $2 millions.
About Southern Land Company
Southern Land Company is a national, full-service real estate developer that has been reimagining the industry since 1986. Rooted in the belief that visionary design and cultivation of community are at the heart of every successful development project, the company brings extraordinary living spaces and experiences within reach in the form of master-planned, single-family, multifamily, mixed-use, and hospitality developments, all created by a diverse team of industry-leading, in-house experts.
Headquartered in Nashville, Tennessee, Southern Land Company has market-leading projects in nine states, with regional offices in Greenwich, Connecticut; Philadelphia, Pennsylvania; Plano, Texas; Denver, Colorado; and Vallejo, California. Southern Land Company’s current project pipeline is valued at $3 billion. To learn more, visit www.southernland.com.