Developer Paul Giegerich, the Philadelphia City Planning Commission, and the Preservation Alliance all agree that a former Chestnut Street bank will make a pretty hip and sophisticated spot for a game of pool. The developer has had a few setbacks obtaining variances and zoning changes, but it looks like the project is a go. The building was designed by noted Philadelphia architect Horace Trumbauer who also did work on the Philadelphia Art Museum, The Free Library and Irvine Auditorium on the University of Pennsylvania campus. The Project attorney Ron Patterson of Klehr Harrison Harvey Bransburg and architect Dave Schultz of DAS Architects told the commission that both the interior and exterior of the former Beneficial Bank would hardly be touched. one noted change would be the addition of a roof-top bar with a retractable glass ceiling. Schultz said it has bee set back so that it is not visible from the ground.
The project called 1200 Bank is connected with Amsterdam Billiards in New York City. The first floor of about 5,000 square feet would be home to 17 pool tables, a bar and restaurant. The upper floors provide space for overflow diners, and would also be banquet space fro private parties.