When U3 Ventures first proposed constructing a project on the site, it wanted to build a 30-story building that had 152 hotel rooms, 299 apartments as well as restaurant and retail space that would front Walnut Street and wrap around to Sansom Street.
A throughway was designed so that pedestrians and vehicles could pass through from Walnut to Sansom. The proposal was met with resistance from the owner of Fergie's Pub and a lawsuit ensued.
Eventually, a settlement was made, a zoning overlay was placed upon that block and the project was scaled down to have just apartments and retail.
The 150+ year old building housing Fergie's Pub would endure.
The new tower at 1213 Walnut Street is being designed by TEN Arquitectos and will rise 26 stories and 294 feet tall.
Goldenberg is constructing the high-rise apartment tower in partnership with Hines, a Houston-based development company.
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