E'er-Vacant Rittenhouse Lot to Be Developed?

Don't hold your breath, BUT that vacant lot on the north side of the 1900 block of Walnut Street may be on the road to development. Maybe. Because apparently Southern Land Company has the property under agreement for $30M. They prefer to rezone the parcel (a la Little Pete's or the Royal Theater), and have already met with CCRA and city agencies about the idea. If rezoning happens, they'd be looking at 360 rental apartments, 65 condos, 27,500 sqft of commercial space, and parking.. [Naked Philly via PBJ]