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Restaurants near Merchants' Exchange Building

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477 restaurants available nearby

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A photo of Buddakan - Philadelphia restaurant
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1. Buddakan - Philadelphia
4.7
Exceptional(11517)
$$$$
• Asian • Old City
Booked 72 times today
Stephen Starr’s Buddakan is a spectacular restaurant featuring exotic flavors of modern Asian cuisine with creativity and drama. Bon Appetit notes, "The mostly white space is striking, with a lit-from-within communal table in the middle of the room, a waterfall & a ten-foot, candle-bedecked Buddha. The religious icon watches over hip customers indulging in pan-Asian cuisine that far surpasses the fare usually found at hot spots like this." Newsweek reports, "Design also serves as a signifier for cuisine. You walk into Buddakan, one of the hottest new restaurants in Philadelphia, past a shimmering waterfall & Japanese river stones & you say to yourself, 'ginger-miso everything' even before you see the magnificent 10-foot Buddha dominating the dining room." Named one of “America's Top 50 Restaurants" by Travel & Leisure and 'Top Restaurant for Fun' by Gourmet, Buddakan has become one of the country's most talked about restaurants.
A photo of Amada PHL restaurant
2. Amada PHL
4.6
Exceptional(8821)
$$$$
• Spanish • Old City
Booked 51 times today
Amada is an Andalusian style tapas bar & restaurant where James Beard Award Winning Chef Jose Garces embraces the rich traditions of Spanish cuisine in a rustic-chic setting. Serving Old City for 20 years, Amada is a Philadelphia staple that is perfect for all occasions. Specialties of the House include:Patatas Bravas, Gambas al Aljillo, Croquettas de Jamón , Paella Valenciana, Seasonal Sangrías, Craft Cocktails & Spanish WinesPrivate Parties: Amada welcomes groups of all sizes. Events can be booked in our private dining rooms or throughout the restaurant seven days a week. For parties of 12 or more, please email our private events team at events@garcesgroup.com or call 215-625-2450
A photo of Positano Coast by Aldo Lamberti restaurant
3. Positano Coast by Aldo Lamberti
4.7
Exceptional(4164)
$$$$
• Italian • Old City
Booked 38 times today
Enjoy the beauty of the Amalfi Coast in Italy right in Old City while dining at Positano Coast by Aldo Lamberti. Whether stopping in for brunch, lunch, dinner or happy hour, you'll love the seeing Philadelphia from our 2nd story view point. Known primarily for our fresh fish and seafood, we welcome our guests to savor a menu full of delicious selections, including some favorite dishes such as our spicy fried calamari, zucchini crabcake, tagliatelle bolognese and our pork chop milanese.Weekend Brunch is available Saturday and Sunday from 11:30 am to 2:30pm. Enjoy our belgian waffles, avocado toast or brunch burger and pair them with our mimosa & sangria specials! Join us for happy hour Tuesday-Friday, between 4pm and 6pm.Outdoor Dining is available on both of our patios, and during warmer weather on our sidewalk cafe!
A photo of Fork - Philadelphia restaurant
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4. Fork - Philadelphia
4.8
Exceptional(5439)
$$$$
• Contemporary American • Old City
Booked 52 times today
Located in the heart of Old City, Fork is the acclaimed flagship of James Beard Award winning restaurateur Ellen Yin and High Street Hospitality Group. For more than 28 years, Fork has set the standard for seasonally driven American cuisine in Philadelphia, evolving with the seasons while remaining rooted in sustainability, local sourcing, and thoughtful hospitality.​Open for brunch, lunch, and dinner, Executive Chef Sam Henzy leads a modern expression of Mid Atlantic cuisine shaped by the region’s farmers and artisans. Enjoy craft cocktails and a celebrated wine program at the bar, gather for a relaxed weekday lunch, or settle in for a lively weekend dinner.​Private dining and events are hosted in The Back Room at Fork's sister restaurant, High Street, a refined and intimate space for celebrations, business dinners, and special occasions.​James Beard Award Winner for Outstanding Restaurateur, Ellen Yin, 2023. A 20 percent gratuity is added to all parties of six or more.​
A photo of Red Owl Tavern restaurant
5. Red Owl Tavern
4.7
Exceptional(1574)
$$$$
• American • Old City
Booked 15 times today
Neighborly meets sophisticated at Red Owl, a modern tavern in the heart of Old City, just across from the Liberty Bell. Among soaring windows and cozy tables, the kitchen serves up smart, stylish takes on American staples (a cheesesteak never tasted as good as ours, made with premium shaved rib-eye). When paired with craft beers and classic cocktails, it’s a clever balance of fancy and familiar, with a dash of Philly flair.We look forward to seeing you soon!
A photo of Almanac restaurant
6. Almanac
4.8
Exceptional(98)
$$$$
• Cocktail Bar • Old City
Booked 8 times today
Almanac is a secluded haven where precision meets passion. Inspired by the finest traditions of Japanese bar craft and the mystique of the American speakeasy, we offer an intimate setting for slow, intentional drinking. Our handcrafted cocktails—guided by the Slow Drinks movement—explore the meeting point of Japanese flavors and American terroir, creating experiences that are both timeless and distinctly of this place.Reservations must be confirmed via OpenTable or SMS to be held. This helps us accommodate walk-ins and avoid unnecessary cancellation fees. Unconfirmed reservations may be released to our waitlist. Late cancellations within 24 hours or no-shows are subject to a $20 per person fee.House Rules: - No parties larger than 4 and no split parties.- No seating incomplete parties.- Your table time may be limited to 2 hours.- Flash photos, lights, and phone calls are strictly prohibited.- No rowdy behavior. - Be mindful of your fellow guests in the building.
A photo of National Mechanics restaurant
7. National Mechanics
4.4
Awesome(171)
$$$$
• American • Center City
Booked 9 times today
National Mechanics' bar in Philadelphia is breathing new life into an old edifice.When you pull open the tall, ancient doors, curtained in a blood red fabric, you open the passage way to a strange and mixed feeling of warmth and welcome. You can tell the work that went into this beautiful and historic building was wrought by the hands of people who love what they do, and care about those who enter.So with 32 varieties from across the globe occupying our drafts and bottles, we must have damn near achieved Utopia. From local legends like Yards and Victory to exotic imports like Hitachino and Newcastle Brown, our beer selection will satiate any palate. So stop by, soak in the warm and inviting atmosphere, listen to some unique music and put down a few with old friends, new friends, or slightly slurring strangers. Cheers!
A photo of FRAME restaurant
8. FRAME
4.5
Awesome(596)
$$$$
• American • Old City
Booked 12 times today
Frame offers an intricately fused menu of flavors and influences in the form of a nostalgic late-night menu, seasonal dinner options, and smart craft cocktails. The alluring space encourages connection, encompassed by velvet-laced walls and intimate booth seating. Fueling new ideas surrounding the senses, Frame is best explored amongst friends through edgy food and drink choices.
A photo of Ogawa Sushi & Kappo Omakase restaurant
9. Ogawa Sushi & Kappo Omakase
4.9
Exceptional(102)
$$$$
• Sushi • Old City
Booked 4 times today
Experience an unforgettable journey through the artistry of Edomae sushi at Ogawa Sushi & Kappo, an intimate omakase restaurant in Old City, Philadelphia. Led by Head Chef Carlos Wills, each 23-course omakase dinner features highlights such as buttery Ōtoro, sweet Bafun Uni from Hokkaido, delicate Kinmedai, and our signature Homeyaki Ebi Tamago. Every piece reflects precise Edo-style techniques and balance, with fish flown directly from Tokyo’s Toyosu Market. Guided by Master Chef Minoru Ogawa, who travels to Japan monthly to source the finest seafood, Ogawa delivers one of Philadelphia’s most refined Japanese dining experiences. Elevate your meal with expert sake pairings, or explore our collection of Japanese whisky, craft beer, and premium sake. Discover why Ogawa is acclaimed as one of the best omakase in Philadelphia, where craftsmanship, tradition, and hospitality unite.
A photo of Panorama restaurant
10. Panorama
4.5
Awesome(2762)
$$$$
• Italian • Old City
Booked 6 times today
Panorama brings the authentic flavors of Italy to the heart of the Old City, in the Penn’s View Hotel. Panorama elevates classic Italian specialties to new heights with a carefully composed menu of varied contemporary cuisine, such as house made burrata, hand rolled pastas and passionately crafted veal, lamb, steak & seafood dishes. Panorama was recognized with a Guinness World Record as the World’s Largest Wine Bar via an award bestowed on its custom-designed winekeeper/cruvinet, which offers 120 wines on tap.The restaurant is hyper-focused on wine, with up to 150 wines by the glass available at any time. Try one of our signature Panoramic Flights — a personal wine tasting offering a sampling of five different wines within a select group - from a selection of over 2 dozen fun and provocative themes.

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Dining near Merchants' Exchange Building at a glance

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Most popular restaurant

popular restaurant

Ogawa Sushi & Kappo Omakase

4.9

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Discover local gems

Exceptional reviews

Most popular cuisine

popular cuisine

American

Average check amount

$31 to $50

See what locals rave about

From verified diners like you
From verified diners like you
  • Kevin
    Philadelphia County •1 review
    5.0
    Dined 2 days ago
    We had the chefs menu tasting, and everything we’ve tried was absolutely amazing food, was not disappointed one bit! I definitely recommend coming here and eating food that is not usually served regularly anywhere else!
    More info
    Amada PHL$$$$• Spanish• Old City
    •
    4.6
  • ConnieGold
    Philadelphia County •2 reviews
    5.0
    Dined 2 days ago
    Always a fabulous experience, Ellen and her team do an amazing job and the food is top tier. The pasta is to die for and the ceviche’s great too. B
    More info
    Fork - Philadelphia$$$$• Contemporary American• Old City
    •
    4.8
  • StephenGold
    Philadelphia County •11 reviews
    5.0
    Dined 6 days ago
    An outstanding experience all around and looking forward to our next meal there
    More info
    Buddakan - Philadelphia$$$$• Asian• Old City
    •
    4.7
  • Jennifer
    El Paso •8 reviews
    5.0
    Dined on May 24, 2026
    Attentive experienced waiter, lovely wine list. The calamari and pear salad were fantastic, as was the penne vodka
    More info
    Positano Coast by Aldo Lamberti$$$$• Italian• Old City
    •
    4.7
  • Tammi
    Chicago / Illinois •6 reviews
    5.0
    Dined on May 22, 2026
    My husband and I had a wonderful dinner at Red Owl Tavern while staying at the Kimpton Hotel Monaco. We shared the Carnivore's Feast, and it was every bit as delicious as it was unique. It was such a fun way to sample four different types of meat, and each one was flavorful and perfectly prepared. We also ordered the roasted potatoes, which were excellent, although the feast itself was so generous that we barely made a dent in them! The cocktails were well-crafted and complemented the meal nicely. The staff was friendly, attentive, and helped make the entire experience enjoyable. Overall, it was a fantastic evening, and we would happily dine here again.
    More info
    Red Owl Tavern$$$$• American• Old City
    •
    4.7

Discover best restaurants near Merchants' Exchange Building

The Merchants' Exchange Building is a historic landmark that embodies the rich commercial heritage of Philadelphia. Where to Eat Near Merchants' Exchange Building? Just a short stroll away, the dining scene offers a delightful array of options. Indulge in American cuisine at contemporary taverns that blend modern flair with classic favorites, making for a casual yet refined atmosphere. For a touch of Italian tradition, savor the authentic flavors of handcrafted pasta in a charming setting that echoes centuries of culinary excellence. Whether you prefer upscale fine dining with innovative dishes or relaxed venues showcasing mouthwatering comfort food, there's something here for every palate. Experience the vibrant dining culture that complements your visit to this iconic building.

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