Architect Cecil Baker and developer Tom Scannapieco went before the Philadelphia Art Commission Wednesday with their concepts for creating a 26-story residential tower at 5th and Walnut streets. They were granted conceptual approval with a few caveats, including asking the applicants to bring corrected project renderings, more detailed streetscape plans, and examples of exterior construction materials when they return to the Art Commission for final approval later this year.
The “ultra-high-end” glass tower will include 40 residential units, with two units each of about 4,000 square feet on floors five through 13, and one 8,000- to 9,000-square-foot unit on floors 14 through 26. The developers are “going after a very small, very rich segment of the population,” said Cecil Baker. There will also be a yet-to-be determined ground-floor retail component at the corner of 5th and Walnut. The building will not include a restaurant but will have a fully automated parking garage.