Chestnut Hall, formerly known as Hotel Pennsylvania, is a 10-story building composed of 315 apartments as well as retail space in University City, Philadelphia. It is owned by Apartment Income REIT Corp., which is owned by funds managed by The Blackstone Group. It is primarily occupied by university students.

Hotel Pennsylvania
Pennsylvania Hotel. September 2013.
Location3900 Chestnut St
Philadelphia, PA 19104
Coordinates39°57′18″N 75°12′2″W / 39.95500°N 75.20056°W / 39.95500; -75.20056
Built1922
ArchitectClarence Edmond Wunder
Architectural style(s)Renaissance Revival
Hotel Pennsylvania
NRHP reference No.12001097
Added to NRHPDecember 26, 2012
Chestnut Hall is located in Philadelphia
Chestnut Hall
Location of Hotel Pennsylvania in Philadelphia
Chestnut Hall is located in Pennsylvania
Chestnut Hall
Chestnut Hall (Pennsylvania)
Chestnut Hall is located in the United States
Chestnut Hall
Chestnut Hall (the United States)

It is designed in the Renaissance Revival architecture style. The building consists of a steel structure, a cement and brick facade, and an entablature with accompanying cornice along the top.

History

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The property was designed by Clarence E. Wunder, and was built in 1922.[1]

The building served as the Hotel Pennsylvania. In the 1940s, it became known as the Hotel Philadelphian.[2]

It was sold to Sheraton Hotels in December 1946,[3] and was renamed the Penn-Sheraton Hotel. Sheraton sold the hotel to Hertfield Hotels in October 1953,[4] and they renamed the Penn-Sheraton very slightly,[5] changing it to the Penn Sherwood Hotel.[1] In 1962, the hotel rejoined Sheraton as a franchise, operating as the Sheraton Motor Inn until 1966. As of 2005, the property was managed by Aimco.[6] In June 2006, Aimco bought a majority stake of the property. In 2020, it was contributed to Apartment Income REIT Corp., which was acquired by funds managed by The Blackstone Group.

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References

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  1. ^ a b "Chestnut Hall, Philadelphia, U.S.A." Emporis.com. 2011-06-04. Archived from the original on 2011-06-04. Retrieved 2023-01-31.{{cite web}}: CS1 maint: unfit URL (link)
  2. ^ "Chestnut Hall, Philadelphia | 227154". Emporis. Archived from the original on June 4, 2011.{{cite web}}: CS1 maint: unfit URL (link)
  3. ^ "Sheraton Gets Philadelphian". The New York Times. December 10, 1946. ISSN 0362-4331.
  4. ^ "Penn Sheraton Hotel Is Sold". The New York Times. October 25, 1953. ISSN 0362-4331.
  5. ^ Cobb, WM (1956). "Transition: a time for intellectual marines". J Natl Med Assoc. 48 (3): 153–8. PMC 2641094. PMID 13320127.
  6. ^ Doherty, Olivia (October 11, 2005). "Little light shed on Penn stake off-campus". The Daily Pennsylvanian.
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