Demolition and construction permits have been filed for a 259-foot-tall, 23-story tower at 1101 Walnut Street, at the junction of the Washington Square West and Market East neighborhoods in Center City. Designed by JKRP Architects and developed by ARD 1105 Walnut LLC and LD Investment Partners LLC, the L-shaped building will yield 111 residential units and 6,000 square feet of retail on the first and second floors. The site is located at the northwest corner of Walnut Street and South 11th Street across from the Jefferson University campus, and is currently occupied by a single-story Wendy’s restaurant.
The rendering reveals a slender tower with an L-shaped footprint, clad in a mix of of precast concrete, dark gray brick, and dark gray metal paneling. The main bulk of the building features floor-to-ceiling windows in an irregular pattern, giving it a lively appearance.
Despite its relatively modest height, the tower will have a significant impact upon its immediate surroundings.
Plans for the project were first unveiled in August of 2019. The last tower to significantly impact the area rose in 2017 at 1213 Walnut Street, and stands the same height as 1101 Walnut Street.
No completion date has been announced, but the building may be finished by 2022 or 2023.