Posted Jan 22, 2021, 12:47 PM
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Join Date: Jul 2014
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Southern Land closes on Rittenhouse Square parcel, setting stage for $200M project
https://www.bizjournals.com/philadel...re-parcel.html
Quote:
Southern Land Co. has closed on buying 1620 Sansom St. in the Rittenhouse Square neighborhood of Philadelphia for $24.5 million, clearing the way for the real estate company’s next project.
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Nashville, Tennessee-based Southern Land has approvals for a proposed $200 million, 28-story tower on the site that will have 308 apartments, 32,000 square feet of commercial space and a parking garage. Demolition of the garage is expected this spring with construction to begin by the fall, said Brian Emmons of Southern Land. The development’s completion is projected for 2023.
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