Walnut Street (Philadelphia)

Walnut Street
Walnut Street in University City in front of University of Pennsylvania
Maintained byPennDOT and City of Philadelphia
Length5.57 mi (8.96 km)[1]
Component
highways
SR 3006 from Front Street to City Hall
PA 3 westbound between 38th and Cobbs Creek Parkway in Philadelphia
LocationPhiladelphia, Pennsylvania, U.S.
West end PA 3 (Cobbs Creek Parkway) in Cobbs Creek
Major
junctions
US 13 / PA 3 (38th Street) in University City
I-76 (Schuylkill Expressway) in University City
PA 611 (Broad Street) in Center City
East endFront Street in Penn's Landing
NorthChestnut Street
SouthLocust Street

Walnut Street is located in Center City Philadelphia and extends to the Delaware River waterfront and West Philadelphia. Walnut Street has been characterized as "the city's premier shopping district" by The Philadelphia Inquirer.[2]

A portion of the street commonly called Rittenhouse Row was ranked 12th in 2005 by Women's Wear Daily among its list of the most expensive retail streets in North America, with rents of $90 per square foot. The street is home to several "upscale dining, retail and cultural" establishments.[3]

In 2013, rents rose to an average of $107 a foot, a growth of 34% over 2012 and the largest percentage growth of any retail corridor in the country.[4]

  1. ^ DeLorme Street Atlas USA 2007, Toggle Measure Tool. Retrieved 2007-12-20.
  2. ^ Harris, Linda JK. "Philadelphia Shopping District Gets Messy Makeover.", The Philadelphia Inquirer, July 31, 2002. Accessed December 16, 2007. "Walking down the 1700 block of Walnut Street, a visitor might conclude that the city's premier shopping district has hit on hard times."
  3. ^ Hall, Cecily. "THE WWD LIST: STREETS OF CASH; THE MOST EXPENSIVE RETAIL STREETS BY RENT PER SQUARE FOOT IN NORTH AMERICA.", Women's Wear Daily, October 13, 2005. Accessed December 16, 2007. "*12 Walnut Street, Philadelphia Rent per square foot: $90 Walnut Street is home to Rittenhouse Row..."
  4. ^ Van Allen, Peter. "Walnut Street retail is hot, report says". Philadelphia Business Journal. Retrieved 15 November 2013.