PHILADELPHIA, PA—Southern Land Company, a Nashville, TN, real estate company, has acquired the last undeveloped parcel of land on Rittenhouse Square. The L-shaped property is comprised of 1907-1914 Walnut Street and 1906-1920 Sansom Street.
“This is a premier property in one of the most sought after neighborhoods in Philadelphia,” says Tim Downey, CEO of Southern Land Company. “This is a great example of the type of project in which our company excels. In this case the property is in the heart of a desirable area where we plan to invest a great amount of energy and resources, working closely with the city and neighborhood groups.”
The company says it will meet with various stakeholders and neighborhood associations to plan the project, which it says will likely be a mix of residential and retail.
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