For years, other developers had unsuccessfully tried to see the 33 story highrise through to completion. Amerimar's development strategy called for complete redesign of the vacant shell. Amerimar's redevelopment strategy included a 128 room luxury hotel, 153 condominium residences, a garage and retail and office space. The Rittenhouse has introduced a level of luxury and service that is unique in the Philadelphia market and available in only a handful of hotel/condominiums in the United States.

Residents enjoy all the amenities offered to guests of the building's world-class AAA Five Diamond hotel, including restaurants, concierge service, 24-hour room service, wake-up calls, messengers, safe-deposit boxes, housekeeping services and valet parking.