Once home to Frank Furness's Morris Building, 1441 Chestnut Street has been the site of broken promises since it was demolished following the devastating fire that ultimately destroyed One Meridian Plaza fire across the street from City Hall. Yesterday, a plan was proposed to finally develop the lot.
Previously the site of a Waldorf Astoria proposal, its potential became a dream come true for architecture and skyscraper nerds, myself included. While the city won't earn a Waldord brand, the latest proposal seems promising and equally exciting.
The proposal calls for a $280M hotel, LEED certifications, and fifty stories on the site. In case you're not keeping track, that would make it the fifth tallest building in Philadelphia. In other words, tall.
The building would house two unique Starwoods brands, one possibly a W Hotel. Vine Street Ventures of Dallas plans to develop the property, owned by Brook Lenfest of Philadelphia.