Richter & Phillips, a 125-year old jeweler in Cincinnati, has completed the creation of a sumptuous and highly secure meeting and event space in the subterranean vault of its flagship store on Main Street.
And this is not just any vault.
It is a bank vault built in the 1920s by a bank that formerly occupied the site on the corner of 6th and Main Street.
Richter & Phillips discovered the space after buying the building and moving from across the Main Street in 2016 as a means to a dramatic expansion of its retail operation.
The current address has 5,000 square feet over three floors and the basement.
The showroom, anchored by a Rolex shop in shop, offers prestige jewelry alongside watches from Omega, Breitling, Tudor, Grand Seiko and others.
Opening The Vault has been a five-year project that completed this summer.
“We crossed Main Street in 2016, nearly quadrupling the size of Richter & Phillips Jewelers,” the company describes.
“Our new home on the corner of 6th & Main came with a little-known, coveted treasure only discoverable at the bottom of a gorgeous, white marble stairwell – a 1920s bank vault, iron door and all.”
Last year the team began converting the space, retaining design and details from the 1920s art deco period and filling it with art and artifacts from Richter & Phillips history.
The result is the creation of a versatile space, complete with bar and bathroom, that can be used for client meetings or hired for intimate events.