Morgans Hotel Group Co. of New York plans to construct a $125 million hotel in Center City.
The company is proposing to build a 300-room hotel at 17th and Chancellor streets (between Walnut and Locust Streets) where a parking garage now stands. Little Pete's diner, a floral shop and nail salon are within the garage space. The plan calls for tearing down the garage and replacing it with two stories of retail.
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