Wanamaker Building Redevelopment Will Include Rooftop Pool And Decks Overlooking Market Street

TF Cornerstone’s revitalization of the Wanamaker Building took a big step forward Tuesday when the city issued a permit for the project that includes some new details of what will take shape on the site.

The developer’s plan includes two rooftop decks and a swimming pool for residents of the 621 upcoming multifamily units, according to the document from the Philadelphia Department of Licenses and Inspections.

These new amenities will occupy the northern section of the roof overlooking Market Street.

TFC will also construct 13 mezzanines in the part of the building below the new decks, but it isn't clear what they will be used for. A spokesperson for the developer didn’t immediately respond to Bisnow’s request for comment.

The permit also includes a diagram that shows how a vintage rooftop glass panel will let natural light into the core of the building. A steel platform now blocking it off will be removed as part of the renovation.

The plans were drawn up by JKRP Architects, one of the few tenants remaining in the largely vacant office portion of the Wanamaker.

TFC officially gained ownership of the entire building last month. It is partnering with Alterra Property Group, the developer behind several prominent Philly adaptive reuse projects, including the 1701 Market St. office-to-resi conversion.

The reimagined Wanamaker Building will also include office space and new retail on the lower levels that were occupied by Macy’s until earlier this year.

That store’s closure was a major blow for the struggling Market East corridor. Stakeholders got another shock just days later when the Philadelphia 76ers pivoted away from building a new arena in the neighborhood.

But the vintage organ and eagle statue that defined the former Macy’s space will be preserved in the building and still be viewable to the public.

“Throughout this entire process we have considered the deep historical and sentimental value of the Wanamaker Building to the Philadelphia community,” TFC Senior Vice President Jake Elghanayan said in a statement last month.

“As the building enters its next chapter under our helm, we feel privileged to be given the opportunity to reimagine this iconic building in a way that respects its historic integrity and adds to the vibrancy of the Center City community.”