Developer Carl Dranoff has a history of going in early -- maybe too early. His Packard Building rehab came more than a decade before the North Broad Street ex-factory district became a popular condo-apartment-restaurant destination. His Left Bank in University City, his conversion of the RCA Victrola factory in Camden, were also ahead of the market. His Locust on the Park was nine years ahead of the Schuylkill park rehab that gave it the name.
Dranoff's South Broad projects, by contrast, have been timely. His Symphony House condos and 777 South Broad apartments are full enough that he's started work on the 85-unit Southstar apartments. "It's not the biggest project we've done, but a crucial project," says Dranoff, as crews pound pilings along Broad Street to protect the subway. Read more here…
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