A development group involving the head of construction
firm Ernest Bock & Sons Inc. plans a 17-story residential tower near the
southwest corner of Broad and Master Streets, the latest big project to be
proposed along a steadily developing strip of North Broad between Center City
and the Temple University campus.
Developer 1324 N. Broad LLC is proposing a 180-unit tower
with about 4,000 square feet of retail beside the historic Freedom Theatre
building, according to a presentation posted this week to the website of the
Philadelphia Civic Design Review board.
The tower, which is being designed by Philadelphia
architect Cecil Baker, is to include a 13-car parking garage and ground-level
storage for 77 bicycles, according to the presentation.
The proposal for the 1324 N. Broad St. site continues a
northward push for multi-family development that also includes the Divine
Lorraine Hotel apartments near Fairmount Avenue.
The new tower would replace a storage structure on an
empty lot just south of the brownstone Freedom Theatre building. The
development group acquired the site late last year for $2.2 million from the
theatre’s nonprofit operator, New Freedom Theatre Inc.
Among the development group's principals is Tom Bock,
president of Philadelphia-based Ernest Bock & Sons, a spokeswoman said.
Source: Philly.com
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