Philadelphia developer Pearl Properties unveiled an early version of a proposed housing tower for Jewelers Row on the site where Toll Brothers razed a section of the diamond district.
The vacant lot at Seventh and Sansom Streets on Jewelers Row, where Toll Brothers had proposed a high-rise housing tower.on Tuesday night, showing a soaring 95- to 99-unit housing tower for the now vacant lot that Toll Brothers created
The building’s current renderings, which are almost certain to change, show a project named The Arbour House. It would comprise one- and two-bedroom housing units from the fifth to 34th floors, with 50 valet parking spaces on the second through fourth floors. The developer decided against underground parking, arguing that it would be difficult to do without endangering
“ Pearl Properties, we are apartment developers,” Pearlstein said. “So we think of this as an apartment project. That said, it’s a different world we don’t know. We’re not sure yet 100%” if it will be a mix of condos and apartments.The project would also include a retail space of 1,495 square feet that Pearlstein hopes would be a restaurant.
At Tuesday’s meeting, concerns were focused on a lack of underground parking and how the building would manage moving trucks and delivery vehicles on the narrow confines of Sansom Street.
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