JKRP wins another Preservation Award!
Our ICON|1616 Walnut project has just been awarded a Preservation Alliance for Greater Philadelphia Grand Jury Award for outstanding project. The building had been used as office space since it was completed in the late 1920s.
The $50 million construction project took 18 months, and was completed in the spring of 2014. It has been a catalyst in the resurgence of older Philadelphia buildings being converted or repurposed into ultra high-end residences. As of December 2014, the building has commanded the highest residential rents in the city. Its location on the toniest shopping street in the city and its proximity to Rittenhouse Square and restaurants give it a competitive edge in a robust market, but the real differentiator is the world class amenities incorporated into the new design. The building boasts the largest open air roof deck in the city and affords spectacular views of the city skyline and the building also contains lavish communal spaces and a fitness center that would rival most commercial gyms. The residential units themselves have also spared no expense, with high ceilings, huge expanses of glazing and natural light and only the finest finishes. The new design features have been meticulously executed to complement the original grandeur of the iconic building and bring it back to the same glory it had on the day it opened eighty five years ago.