Waldorf Astoria Hotel & Residences Philadelphia facts for kids

Waldorf Astoria Hotel and Residences Philadelphia
General information
Status	Never built
Type	Hotel and Residential
Location	1414 Chestnut St, Philadelphia, Pennsylvania, United States
Coordinates	39°57′04″N 75°09′54″W / 39.951213°N 75.165051°W / 39.951213; -75.165051
Cost	US$420 million
Owner	Mariner Commercial Properties, Inc.
Management	Hilton Hotels Corporation
Height
Roof	670 feet (200 m)
Technical details
Floor count	58
Design and construction
Architect	Cope Linder Architects of Philadelphia
Developer	Mariner Commercial Properties, Inc. and Gatehouse Capital Corporation

The Waldorf Astoria Hotel & Residences Philadelphia was a plan for a very tall building, also known as a skyscraper, in Philadelphia, Pennsylvania. This building was going to be a fancy hotel and also have apartments where people could live. It was planned to be built in a spot where another large building, called One Meridian Plaza, used to be.

The idea was for this skyscraper to be about 670 feet (204 meters) tall and have 58 floors. It was supposed to be finished by the year 2012. The hotel part would have been managed by the Waldorf-Astoria Collection. This is a group of very luxurious hotels owned by a company called Hilton Hotels Corporation. However, the plan for the Waldorf Astoria Philadelphia was stopped, and the land was sold in 2010.

What Was the Waldorf Astoria Plan?

The Waldorf Astoria Hotel & Residences Philadelphia was designed to be a grand new building. It would have stood tall at 1441 Chestnut Street. The building was meant to be a mix of hotel rooms and private homes.

• It was planned to be 670 feet (204 meters) high.
• The design included 58 floors.
• It was going to be a luxury hotel, meaning it would offer very high-end services.

This project was a big deal for Philadelphia. It aimed to bring more fancy places for visitors and residents.

Why Was the Project Canceled?

Even though the plans were exciting, the Waldorf Astoria project did not happen. The company that owned the land decided to sell it in 2010. This meant the building would not be built as planned.

• The project was officially "canceled."
• The land was sold to new owners.
• This change happened before any construction could begin on the skyscraper.

Sometimes, big building projects get canceled for different reasons. This can happen due to money issues, changes in plans, or new ideas for the land.

What's Being Built Instead?

After the Waldorf Astoria plan was stopped, new ideas came up for the land. Now, a different set of hotels is being built there. These new hotels are part of the Starwood hotel group.

• A new W Hotel is being built.
• An Element by Westin hotel is also part of the new plan.
• Construction for these new hotels was planned to start in the fall of 2013.

So, while the Waldorf Astoria skyscraper never came to be, the spot will still have new and exciting buildings for people to visit and stay in.