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07.23.2018

500 Walnut is Taking Luxury Living to Another Level

Take a trip inside 500 Walnut, a place so exclusive Jay-Z and Beyonce were rumored to have owned a unit.
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06.10.2018

Go Abode & Beyond

Philadelphia’s sizzling real estate market is breaking records and making history.
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05.23.2018

Five Minutes with a Finalist: Scannapieco Development Corporation

Tom Scannapieco, President and CEO of Scannapieco Development Corporation joins us for this week’s “Five Minutes with a Finalist”.
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03.23.2018

Philadelphia’s condo boom lures hipsters and baby-boomers

“Two-thirds of buyers [in 500 Walnut] are moving to the city for the first time” says Tom Scannapieco.
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11.16.2017

New Philadelphia condos, with Miami-like features, list for $3.1 million to $9 million

While most people revere Philadelphia for its place in U.S. history, it’s not known for its cutting-edge condo buildings like Miami or for its astronomical real estate prices like Manhattan.
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10.19.2017

A High-Rise Built for Me

In a bid for wealthy suburbanites, some city developers let buyers customize almost every aspect of a luxury condo before closing
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10.18.2017

Finally completed, 500 Walnut is the latest ultra-luxury building to join Philly’s skyline

The condominium tower that made Philadelphia history last year when it sold its penthouse for a record-breaking $17.85 million celebrated its grand opening Tuesday, at a ceremony joined by Mayor Kenney, city officials, and developers from across the region.
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10.18.2017

500 Walnut, Philly’s newest and most luxurious condo tower

The 26-story tower with the priciest home in the city is a lesson in luxury.

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10.17.2017

First look inside Philly’s luxurious 500 Walnut

One of the newest residential towers in Center City was officially unveiled on Tuesday.
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10.17.2017

Scannapieco Officially Finishes 500 Walnut

A noontime ceremony took the wraps off the city’s most luxurious condo tower to date. Tom Scannapieco is already at work on the next one.
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10.17.2017

Grand Opening 500 Walnut Condominiums

Tom Scannapieco’s 500 Walnut, Center City, Philadelphia
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10.17.2017

500 Walnut, Philly’s Most Expensive Address, Rolls Out Welcome Mat

Philadelphia’s most exclusive ultra-luxury residential high-rise put out the welcome mat at 500 Walnut Street, just across from Independence Hall.
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06.08.2017

View from the top: Two new luxury buildings welcome the wealthy – and why that matters for the rest of us

Tom Scannapieco is standing in the penthouse suite of 500 Walnut, his latest addition to the tippy-top of Philadelphia’s real estate market. The building is still under construction and the walls are a raw grey concrete. Caches of tools and building materials lie scattered about the huge room. Men from seemingly every building trade union in the city, and South Jersey besides, swarm almost every floor of the 26-story building.
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03.23.2017

VIDEO: 6ABC Action News Coverage of 500 Walnut Topping Off

Philadelphia’s record breaking tower 500 Walnut was topped off. 6ABC Action News covers the story.
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03.23.2017

500 Walnut: Can You Top This?

Tom Scannapieco did, virtually, at a noontime ceremony today. Even though the building’s not yet finished, there are already a lot of “tops” and “firsts” attached to it.
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03.23.2017

500 Walnut Topping-Off Ceremony

Scannapieco Development Corporation invited guests to the 500 Walnut Topping-Off Ceremony on March 23, 2017. The celebration included lunch from Day by Day Catering, entertainment from a four-piece fife and drum band, an appearance and speech from “Thomas Jefferson,” and remarks from project developer, Tom Scannapieco, builder Will Schwartz, project architect, Cecil Baker, and Mayor Jim Kenney.
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03.23.2017

Photos: Scannapieco’s 500 Walnut condo tower tops off

Two years after breaking ground, developer Tom Scannapieco’s 500 Walnut, which is on track to become the priciest and swankiest condo tower in Philly, officially topped out today.
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03.23.2017

Beyoncé rumors sparked interest in 500 Walnut. Get a first look at the ultra-luxury condo building

More than two dozen calls came to developer Tom Scannapieco’s cellphone — from across the city, the country, even from Zurich. “Is it true?” the callers asked. “Did Beyoncé and Jay-Z really buy your penthouse?”
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02.21.2017

How 500 Walnut Plans to Redefine Luxury Living in Philadelphia

With his record-setting 500 Walnut residence, developer Tom Scannapieco has turned an historic ‘hood into Philly’s hottest zip code.
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10.30.2016

1st Of Its Kind Wireless EV Charging System Coming To 500 Walnut Residential Tower (Philadelphia)

The soon-to-be-opened residential luxury apartment tower 500 Walnut, located in Philadelphia, will be home to the first wireless induction charging system for electric vehicles in a residential building in the US, following the beginning of occupancy in early 2017, according to an email sent to CleanTechnica.
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06.03.2016

500 Walnut penthouse sold to undisclosed buyer for Philly-record $17.85M

Developer Tom Scannapieco said Thursday that he had an agreement of sale for the penthouse at his ultra-luxury 500 Walnut tower overlooking Independence Square. The price: a Philadelphia record $17.85 million.
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06.03.2016

PHOTOS: $17.8 MILLION PENTHOUSE SETS PHILLY RECORD

A local developer says it has set a new record with the sale of a Philadelphia penthouse. Scannapieco Development Corporation says the property at 500 Walnut in Society Hill is now under an agreement of sale for $17.8 million, the highest price for a residence in the city’s history.

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06.02.2016

A Penthouse Sells for a Sky-High Price

The two-story penthouse condo at 500 Walnut is stylish and very spacious. And it just set a new record for ultra-luxury sale prices locally.
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06.02.2016

$17.85M Penthouse at 500 Walnut Sold, Philly’s Most Expensive Residential Sale Ever

A penthouse that hasn’t even been built has just sold for $17.85 million, becoming the most expensive residential sale in the history of Philadelphia.
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05.23.2016

Hard Hat Tour: The View of 500 Walnut

Developer Tom Scannapieco has redefined the upper end of the city’s real estate market. A group of architects in town for the AIA convention heard him and architect Cecil Baker explain his latest project.
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05.23.2015

New Philadelphia High-Rise Relieves Pent-Up Demand for Luxury Homes in Philly

As if pulling into a single-family suburban home, residents of Philadelphia’s 500 Walnut high-rise will drive into a street-level, single-car garage and park. While they are in the elevator going up to their unit, the car will lower through the floor of the garage, and an automated robotic system will move it to its designated […]
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04.15.2015

Philadelphia Penthouse Is Listing for a Record $17.6 Million

Located on the top two floors of the planned 26-story building, the 500 Walnut penthouse will measure approximately 9,000 square feet.
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03.13.2015

Groundbreaking Thursday for ‘ultra-luxury’ 500 Walnut condo tower

Hoping to repeat his success with 1706 Rittenhouse Square Street, developer Tom Scannapieco will break ground Thursday on 500 Walnut, his 26-story, 38-unit high-rise condo building at Fifth and Walnut Streets, overlooking Independence Hall.
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03.13.2015

500 Walnut is Half-Reserved, And Has Our Full Attention

500 Walnut, the ultra-luxurious 26-story tower behind Independence Hall, has officially broke ground, and will be welcoming its first occupants in spring 2017. And now we’re just going to sit around twiddling our thumbs until the pinnacle of Philadelphian opulence gets built and someone’s rich aunt invites us over.
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03.13.2015

PHOTOS SHOW NEW LUXURY CONDOS PLANNED FOR CENTER CITY

A new ultra-luxury apartment building is going up in Center City Philadelphia and with the historic view will come a steep price tag. 500 Walnut is a worksite now, but in two years it is expected to be a 26 story tower with a commanding view of the Cradle of Liberty.
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03.13.2015

Developer gets project ‘at the perfect time’

Tom Scannapieco is a little more confident going into the construction of 500 Walnut than he was in building 1706 Rittenhouse Square. Both are high-end residential projects but as clichéd as it is, his timing appears to be just right with 500 Walnut.
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03.12.2015

Game Changer: 500 Walnut Has History, Luxury and Robotic Parking

What do you do with a prized piece of land nestled just south of the most historic square-mile in the entire country? Well, if you’re developer Tom Scannapieco, you aim to build a residential tower with bells and whistles (and views) that this city has never seen.
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10.08.2014

Architype: Lush Life

Developer Tom Scannapieco has spent his career surrounded by skeptics — or his career since 1974, at least, when the self-described “urban pioneer” bought property near Spring Garden and created the Wallace Court Condominiums.
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10.01.2014

View from the Top

Real estate developer Tom Scannapieco reimagines the Society Hill skyline with lofty views of America’s most historic mile.
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07.21.2014

Beating The Odds On Luxury Condos

Historic Philadelphia will welcome a dramatic addition to its cobblestone streets and lush, tree-lined spaces come 2017. That’s when 500 Walnut – a 26-story glass “needle” ultra-luxury condominium project that is the latest from the Scannapieco Development Corporation, will open its doors. The most significant buildings of America’s past will be married with a towering […]
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