Replacement
The site of One Meridian Plaza was bought by the Arden Group in 2000. The site was converted into a parking lot as construction on a new building was held up in a zoning feud with the neighboring site, 1441 Chestnut Street. 1441 Chestnut Street was the site of the Morris Building and other smaller buildings that sat behind One Meridian Plaza. The feud between Arden Group's chief executive Craig Spencer and 1441 Chestnut Street developer Tim Mahoney began in 2003. Spencer and Mahoney settled their dispute in March 2006 and construction on One Meridian's 48-story replacement, the Residences at the Ritz-Carlton began in May. The Residences at The Ritz-Carlton opened in January 2009. A memorial was unveiled on October 21, 2009 at the skyscraper honoring the three firefighters who died in the fire. The memorial features plaques with the firefighter's names.
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Famous quotes containing the word replacement:
“Not even the visionary or mystical experience ever lasts very long. It is for art to capture that experience, to offer it to, in the case of literature, its readers; to be, for a secular, materialist culture, some sort of replacement for what the love of god offers in the world of faith.”
—Salman Rushdie (b. 1947)