Inside Look at the New Glass Tower called 2116 Chestnut. Plus could Girard Square finally get developed thanks To Johnny Doc, who also had a hand in this project
Yesterday I attended the official opening of anticipated the beautiful glass tower known as 2116 Chestnut
The 35-story apartment building consists of 319 units including one model unit, 130 enclosed above grade
parking stalls on levels 2 through 4, approximately 9,400 SF of at
grade retail and 28,400 SF of office space. The project was a partnership between The John Buck Company and the
INDURE Fund, a commingled real estate investment fund managed by
National Real Estate Advisors.
From the time you walk through the front door, with the modern sleek lobby, big bright windows and fireplace, you know the builders were keen on the attention to details.
lounge seating and
The unit boasts granite counters in kitchen, individual controlled thermostat, stainless steel appliances and individual washer/dryers in the unit.
National Real Estate Advisors
Washington, DC at the opening press conference. Above John Buck II, Chairman and CEO, The John Buck Company. (This nugget was impressive, he went to the University of Notre Dame, University of Texas at Austin and University
of Pennsylvania’s Wharton School to earn his bachelor’s, law and MBA
degrees, respectively – wow.)
Manager of INDURE Fund said, “We are very proud of the extraordinary
quality of 2116 Chestnut and have never doubted its merits.
“Today’s opening of 2116 Chestnut brings exciting new homes, retail
space, and jobs to Philadelphia in yet another investment in the future
of our city,” said Mayor Michael A. Nutter. “With about fifty projects
currently under construction across the city, investors are placing
their money and confidence in Philadelphia. I appreciate The John Buck
Company and INDURE Fund’s investment and thank the men and women whose
contributions to the development of 2116 Chestnut have brought us to
today’s Grand Opening.”
Committee for a hearing on public education and education funding from 2 p.m. to 4 p.m. Tuesday at the Franklin Institute, Fifth Floor Conference Center, 222 N. 20th St., Philadelphia, 19103
Susan Hammersley, The John Buck Company’s Senior Vice President in the Development Group and Andy Romanosky, Union Bank
What other amenities does 2116 Chestnut offer:
Wi-Fi on the fifth floor
Storage areas for resident belongings and bicycles
Secure indoor parking
Car share in the garage
another sign of our commitment to Center City Philadelphia, the
organization is now
planning the complete revitalization of the Girard Trust Property on
Market Street, with a targeted construction date of 2014.” It’ll be a
substantial project, they’re going to succeed where others fail. Look
for a commercial resident, mix use of the property that is bordered by
11th and 12, Chestnut and Market. It’ll be the revitalization that will
really turn Market Street East around.