Although it’s in the very early stages of planning (or as someone close to the project is quoted as saying, “We are literally at the drawing board”), Society Hill’s Ritz Five could turn into a larger theater, 14-story apartment building, and outdoor cafe. According to Plan Philly, the plans that are in the earliest of early stages at Landmark Theaters’ local partner Mosaic Development Partners would include tearing down and rebuilding the building, adding three more screens (from the Ritz Bourse), adding 90 apartments above the theaters, and using parts of Dock Street as an outdoor cafe.
But, this is all early speculation at this point. As someone at Mosaic told Plan Philly (and this should really be the motto of all construction in Philadelphia), “There is a great potential that nothing could happen.”
[Image via Landmark Theaters]