The Residences at The Ritz-Carlton (Philadelphia)

The Residences at The Ritz-Carlton
The Residences at The Ritz-Carlton in 2009.
Location within Philadelphia
The Residences at The Ritz-Carlton (Philadelphia) (Pennsylvania)
The Residences at The Ritz-Carlton (Philadelphia) (the United States)
General information
StatusCompleted
TypeResidential
Location1414 South Penn Square, Philadelphia, Pennsylvania, U.S.
Coordinates39°57′5″N 75°9′53″W / 39.95139°N 75.16472°W / 39.95139; -75.16472
Construction started2006
Opening2009
CostUS$285 million
OwnerAGC Partners, LC and Gencom Group
Height
Roof518 feet (158 m)
Technical details
Floor count48
Floor area617,665 sq ft (57,383.0 m2)
Design and construction
Architect(s)Handel Architects
DeveloperArden Group
Main contractorL. F. Driscoll Company

The Residences at The Ritz-Carlton is a luxury residential skyscraper in Center City in Philadelphia, Pennsylvania, United States. Designed by Handel Architects, the skyscraper is 518 feet (158 m) with 48 stories. It is the 15th-tallest building in Philadelphia as of 2025.

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 $550,000 to $14 million. The high-rise also features an underground parking garage, a fitness center, a pool, a private garden, and a public plaza called Girard Park.