Five Penn Center
Encyclopedia
Five Penn Center is a 36-story highrise in downtown Philadelphia, Pennsylvania. It is part of the Penn Center complex designed by Edmund Bacon. The building was one of the tallest in the city until the highrise building boom of the late 1980s and early 1990s and is connected via underground concourse to Suburban Station, as are all buildings in the complex.

It was designed by Emery Roth & Sons
Emery Roth
Emery Roth was an American architect who designed many of the definitive New York City hotels and apartment buildings of the 1920s and 30s, incorporating Beaux-Arts and Art Deco details...

 and Vincent G. Kling (who also designed the Philadelphia Mint
Philadelphia Mint
The Philadelphia Mint was created from the need to establish a national identity and the needs of commerce in the United States. This led the Founding Fathers of the United States to make an establishment of a continental national mint a main priority after the ratification of the Constitution of...

).

In 1986, several buildings of the Penn Center complex were renamed to their street addresses and Five Penn was no exception. Looking to get an edge up, being the largest of the Penn Center buildings and directly across Market Street from One Liberty Place, which was rising at the time, building landlords offered rental space at $16.01 a year per square foot, a marketing ploy for the building based on its address, 1601.

Today, major tenants include The Neat Company, KPMG
KPMG
KPMG is one of the largest professional services networks in the world and one of the Big Four auditors, along with Deloitte, Ernst & Young and PwC. Its global headquarters is located in Amstelveen, Netherlands....

 and The Radian Group
Radian group
Radian Group Inc. is a credit enhancement company, offering mortgage insurance, financial guaranty insurance for public finance, asset-backed and structured finance transactions, reinsurance and other financial services...

. The building's lobby underwent remodeling in the summer of 2006.

See also

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