The Pennsylvania Hotel, now known as Chestnut Hall, was designed by Clarence E. Wunder, and built in 1922. Wunder is also responsible for designing Daffy's (in 1927) and the Neuweiler Brewery (in 1913). The 10-story building's architectural style is Renaissance revival. The building consists of a steel structure, a cement and brick facade, and an entablature with accompanying cornice along the top. Once built, the building served as the Hotel Pennsylvania. In the 1940s it became known as the Hotel Philadelphia. Throughout the 1950s and 1960s, it was known as the Penn Sherwood Hotel. The University of Pennsylvania obtained the building for student housing, but in June 2006 Apartment Investment and Management Company (Aimco) bought a majority stake of the property.
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Chestnut Hall Apartments
Today, Chestnut Hall is located in University City in the heart of Philadelphia - next to the Wharton School of Business and the Institute of Contemporary Art. Nearly 90% of Chestnut Hall's 315 apartment homes are occupied by students (who attend the nearby Drexel University or University of Pennsylvania). Young professionals and school administrators occupy the remaining 10%.
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In addition to the residential apartment homes at Chestnut Hall, there are also five commercial spaces, totaling 38,385 square feet (3,566.1 m2) of retail space - three of which are currently occupied by the University of Pennsylvania Treatment Research Center, the University of Pennsylvania Federal Credit Union, and Drinkers West.
Source of the article : Wikipedia
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