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Five of the Highest-Priced Condo Buildings in Philly

By Todd Hovanec on December 07, 2020

Like any great city, Philadelphia is composed of wonderful and variegated neighborhoods across its geographic boundaries. The most common housing structure in Philly is the famous and pervasive rowhome, also known as a townhome or townhouse.  

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But while the rowhome definitely dominates the city’s low-rise skylines, Philly also offers plenty of luxury condo buildings to call home if your budget affords it. 

Let’s take a look at five of the highest-priced condo buildings in the City of Brotherly Love.

500 Walnut St.

Developed by Scannapieco in 2017, 500 Walnut took the luxury and amenities game to a whole new level for Philadelphia. The building offers robotic parking, a 50-foot lap pool, a spacious fitness center and spa, a billiard room, a 4,000 square foot open-air terrace overlooking Independence Hall, and a boardroom with a fully equipped catering kitchen. It gets better: Residents’ guests can luxuriate in a fully furnished and completely private guest suite! 

One Riverside

This building was completed by Dranoff Properties in 2017 and quickly sold out to become one of the city’s highest priced condo buildings. In addition to its terrific location near Fitler Square and the waterfront parks along the banks of the Schuylkill, One Riverside offers a state-of the-art fitness center, a 60’ indoor lap pool, an exquisitely furnished Club Room with catering and a fully-equipped Business Center.

Arthaus

Another Dranoff Properties project, Arthaus is currently under construction and promises to be one of the most luxurious buildings in the City. Playing off its choice location on South Broad Street near all the great theatre and musical institutions, this 47-story skyscraper offers "unequaled amenities – highlighted by a first of its kind sky garden with glass enclosed greenhouse and individual planting beds, a 75-foot pool, fitness and yoga, dining salon, rooftop dog run, and children’s play room."

1706 Rittenhouse Square

This beautiful building sold out in 2013 and was also built by Scannapieco Development Corporation. With only 31 apartments spread over 31 floors, there’s plenty of room for each apartment to stretch out and get multiple exposures and views. 

The location is top notch, situated just a short block from Rittenhouse Square and near all the best features of Center City. Like all the other buildings on this list, luxury and amenities dominate the headlines. Apparently this tower was good enough for former Phillies ace Cliff Lee as it was reported that he used to live in the building.  

The Laurel Rittenhouse Square

This development sits upon one of the most desirable locations in the entire city. The Laurel is currently under construction by developer Southern Land Company and you can watch its progress on its very cool website that features live streams from cameras set up on the construction site.

Breaking pricing records is certain to happen here, with some of the most expensive real estate Philadelphia has ever seen. Sitting atop Rittenhouse Square with unparalleled luxury, views and amenities is the recipe for success at The Laurel. 

Here are some of the features and services offered at The Laurel: 

  • Separate private entry and lobby 
  • Private elevators 
  • Secure climate-controlled storage available for purchase 
  • Doorman 
  • Valet parking 
  • Concierge 
  • In-town car service/chauffeur 
  • 24/7 maintenance and security
  • Indoor pool and spa 
  • Fitness center 
  • Yoga and Flywheel® studio 
  • Locker rooms with showers, saunas and steam rooms 
  • Lounge with club bar and catering kitchen opening to a terrace overlooking Rittenhouse Square Meeting room 
  • Pet spa 
  • Guest rental suite 
  • Bicycle parking

Interested in buying a condo in your favorite Philly neighborhood? Browse listings and see how much you can save with Prevu’s commission rebate.

 

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Todd Hovanec

Todd Hovanec

Director of Real Estate Services

Todd Hovanec is a Director of Real Estate Services for Prevu, serving as a licensed broker for multiple US states. As an experienced real estate professional, he shares educational articles on Prevu’s blog that focus on buying, selling, and real estate investment strategies. Todd earned his Masters in Real Estate Finance from NYU and is an active real estate developer.

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