Southern Land Co. has received approval from the Philadelphia Civic Design Review Board for the development of the Laurel, a $300 million, 48-story luxury residential tower overlooking Rittenhouse Square in Philadelphia.
The developer plans to break ground early next year and open a sales center next month at 1845 Market St., a nearby office building.
Designed by Solomon Cordwell Buenz, the tower will become the tallest residential building in the city once completed and will involve preserving the Warwick apartments and Rittenhouse Coffee Shop. The project will remove the last developable site around Rittenhouse Square, one of Philadelphia’s premier locations.
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