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The Residences at The Ritz-Carlton (Philadelphia)
The Residences at The Ritz-Carlton is a luxury residential skyscraper in Center City in Philadelphia, Pennsylvania. At , the 48-story skyscraper is the tenth-tallest building in Philadelphia, and the tallest residential tower in the city. The building was erected on the former site of One Meridian Plaza which was seriously damaged by a deadly fire in 1991. One Meridian Plaza was demolished in 1999 and the property was sold by E/R Partners to the Arden Group the next year. Development of the site by the Arden Group, which owns the adjacent Ritz-Carlton Philadelphia, was delayed for years as a result of a feud with rival developer Mariner Commercial Properties. Mariner owned the property 1441 Chestnut Street, which sits south of the Residences at The Ritz-Carlton site and intends to build its own residential tower. The feud began after Arden Group's lead partner Craig Spencer blocked approval of 1441 Chestnut Street because he felt the tower's design would be detrimental to the planned Residences at The Ritz-Carlton tower. This led to several years of dispute between the developers trying to block construction of each other's towers.
After several redesigns, the feud was declared over, and construction on the Residences at The Ritz-Carlton began on May 2, 2006. The blue glass skyscraper opened to residents in January 2009. The Residences at The Ritz-Carlton features 270 condominiums and penthouses, which range in price from US$550,000 to US$12 million. The high-rise also features an underground parking garage, a fitness center, a pool, and a private garden and public plaza called Girard Park.
==History==
The Residences at the Ritz-Carlton stands on the former site of the 38-story One Meridian Plaza. In February 1991 One Meridian Plaza was badly damaged by a fire that destroyed eight floors and killed three firefighters. Because of litigation over what to do with the burned skyscraper, it sat vacant for eight years until it was demolished in 1999.
In 2000 the Arden Group settled with One Meridian Plaza's owners E/R Partners to pay more than US$13 million for the site. In 1999 Arden sued E/R Partners for backing out of a deal Arden said it had made with the site owners. E/R Partners had wanted to sell the site to Liberty Property Trust for a higher amount. Arden had already bought the adjacent Two Mellon Plaza in 1993. Damaged and vacant since the One Meridian Plaza fire, Two Mellon Plaza was converted into a Ritz-Carlton hotel in 2000.〔 Also adjacent to the south side of the One Meridian Plaza site is 1441 Chestnut Street. Mariner Commercial Properties bought the property which contained the site of several three-story shops and the eighteen-story Morris Building, all damaged and vacant due to the One Meridian Plaza fire. The buildings were demolished in 2000. The north side of the One Meridian plaza site faces Philadelphia City Hall across the street.〔 While the One Meridian Plaza site waited for development Arden converted it into an underground parking garage.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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