Post Brothers today achieved a major milestone in the preservation and renovation of one of Philadelphia’s landmark buildings, announcing that five retailers have signed leases at Hamilton Court, the historic apartment complex in the city’s University City neighborhood at 39th and Chestnuts Streets.
The leading-edge real estate company is in the process of making dramatic upgrades to Hamilton Court, which was one of Philadelphia’s first apartment buildings when it was constructed at 39th and Chestnut streets in 1901. The renovations include the conversion of vacant ground-floor space into modern commercial retail spaces, which will be occupied by five dining establishments:
Steve’s Prince of Steaks, one of Philadelphia’s most famous cheesesteak restaurant chains, has signed a lease for 2,277 square feet.
Bon Chon, an international Korean fried chicken restaurant chain, has signed a lease for 8,238 square feet, its second location in Philadelphia.
Halal Guys, the 25-year old, New York-based culinary institution, has signed a lease for 1,710 square feet, its second location in the region.
Tea Do, a bubble tea house, has signed a lease for 1,207 square feet. This will be its second location in Philadelphia.
I-CE NY, a Thai rolled ice cream shop, has signed a lease for 933 square feet, marking its first location in Philadelphia following its success in New York and abroad.
Hamilton Court, which is listed on the National Register of Historic Places, is one of a number of properties in University City owned by Post Brothers, which invested has invested $250 million in the neighborhood. Earlier this year, the company unveiled its renovation plans for the “U-shaped” building, which include restoring the property’s façade to its former glory. Formerly a hotel with a rooftop restaurant, Hamilton Court features a unique façade that was modeled after that of a Venetian palace.
They are targeting for the restaurants to open in the late summer.