Dranoff Plans Condo Tower at Broad & Pine Streets
Dranoff Properties has been developing major buildings in Center City in recent years. They built the Symphony House at Broad and Pine Streets, 777 South Broad Street at Broad and Fitzwater Streets, One Riverside at 25th and Locust Streets, and soon the SLS Hotel and Condominium at Broad and Spruce Streets. Dranoff had planned to build a hotel and apartment building on the northeast corner of Broad and Pine, but is now planning to build a taller condo tower at that site. This building is being designed by Cecil Baker Architects. The site currently has a parking garage.
This tower will be 28 stories and 361 feet tall. It will have 56 condo units for sale. Above the sixteenth floor, there will be two units per floor. On top will be two penthouses, the uppermost one will be bi-level. The third floor will have the building’s amenities. The first floor will have a 3,000 square foot retail space on Broad, and at the corner, and the entrance to the apartments will be on Pine Street. Parking will be underground, with 83 spaces and 34 bicycle spaces. The parking entrance and loading dock will be on Watts Street, which will be widened by the developer. The exterior will have large windows, aluminum gray panels, and a limestone base. The exterior will have punched walls among most of the tower and a smooth window wall on the top floors. There will be glass balconies, with metal railings, on the north and south sides. Dranoff will plant new street trees on Pine Street and put planters on Broad Street, and add granite pavers and bike racks on the sidewalk.
This stretch of South Broad Street is rapidly developing. Besides the Dranoff developments, there are plans to rebuild the lobby of the Merriam Theatre with a new tower above it, two large developments at Broad Street and Washington Avenue, and the renovation of the Atlantic Building and Avenue of the Arts Building into luxury apartments. The Dranoff developments at the intersections of Spruce and Pine Streets are a significant addition to the Avenue of the Arts.
By, Gabriel Gottlieb