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HIGH RISE PLANNED FOR COVETED RITTENHOUSE SQUARE

A mixed-use high-rise building will soon fill the last vacant plot of land in the coveted area of Rittenhouse Square in Philadelphia. The Laurel, named for the Pennsylvania state flower, will be the tallest residential building in the city, Commercial Observer reports. It will be 48 stories and include 235 luxury rentals, 54 residential condominiums, 45,000 ft2 of retail space and a 216-space underground parking garage. The Laurel will also include amenities such as valet parking, an indoor lap pool and a hot tub, a fitness center, a steam room and sauna, a yoga room, a dog spa and a conference room. There will also be a terrace that will overlook Rittenhouse Square and include a bar and catering kitchen. A quarter of the residences had already been sold before construction began.