20B — December 28, 2018 - January 10, 2019 — Owners, Developers & Managers — M id A tlantic
Real Estate Journal
www.marejournal.com
O wners , D evelopers & M anagers
Rubenstein Partners and Amerimar Enterprises to deliver two-floor amenity space The Wanamaker Office Building’s new amenity center starts construction P
significance and architectural appeal while modernizing it through tasteful capital im- provements that enhance the property’s standing with mod- ern office tenants,” said Ste- phen Card , regional director of the Mid-Atlantic and Principal at Rubenstein Partners. “The new two-floor amenity space we’re building out now, and the lobby improvements that are nearly completed, are key elements of the overall plan.” The 4-story height atrium has always been a significant feature of The Wanamaker Office Building, but the soaring space has been underutilized for many years. By redesigning the atrium with new furniture and installed features like a mini-amphitheater, along with all new finishes and fix- tures throughout, Rubenstein and Amerimar are aiming to activate this beautiful com- mon space. Additionally, the renovated atrium will connect directly to the new state-of-the- art fitness center on the 8th floor via an internal staircase. The overall effect is to create a magnet common space within the building that is accessible to and utilized by all tenants. “We believe that our new amenity center demonstrates incredibly well the kind of environment that Wanamaker tenants want,” said Jerry Marshall , co-chairman and chief executive officer of Ameri- mar Enterprises. “In particular we feel that The Wanamaker Office Building, as improved, will be even better positioned to inspire visionary companies and enable them to attract and retain the creative-class and tech employees currently driving redevelopment in the Market East submarket.” Phase I of the improvement plan, now partially completed, focused on rethinking the lobby and security check-in areas in order to make the experience flow better for tenants and visi- tors. Rubenstein and Ameri- mar installed all new materi- als, including flooring, feature walls, and finishes on both the ground floor and mezzanine level, in a modern but timeless style. Lighting was replaced and improved throughout. The new South lobby entrance is now complete, incorporat- ing a 350 square foot media wall. The North lobby will see renovations to the retail and amenity areas, along with a new seating area.
of tenant amenity space on the building’s 8th and 9th floors, consisting of an updated grand atrium on the 9th floor and fitness center on the 8th floor, linked by a new internal stair- case. Phase I, which focuses on modernizing The Wanamaker Office Building’s main lobby to improve aesthetic appeal and pedestrian flow and create a more inviting entry experi- ence, began this summer and is now nearing completion as the South Lobby delivers on November 26th. “Our strategy for The Wana- maker Office Building is to pre- serve the building’s historical
HILADELPHIA, PA — Rubenstein Part- ners, L.P. (together with its affiliates, Rubenstein), a vertically-integrated real estate investment manager focused on value-added office property opportunities, to- gether with its partner Ameri- mar Enterprises Inc., has an- nounced the second phase of modernization plans for the historic Wanamaker Office Building (100 Penn Square East), a 1.4 million s/f office and retail property located adjacent to City Hall in Center City Philadelphia. Phase II will renovate two connected floors
Wanamaker Office Building rendering
Goldman Copeland celebrates 50 years of engineering excellence transforming many of the Greater New York tri-state area’s most iconic buildings.
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