1700 Race Street, Philadelphia, Pennsylvania 19103


Listing IDPAPH2081912
Price$12,500,000
StatusACTIVE
Acres 0.140
CountyPhiladelphia
Property TypeLand
1700 RACE: Trophy development site in Center City Philadelphia overlooking the Benjamin Franklin Parkway (Museum Mile), Cathedral Basilica, Logan Square Park and Comcast global HQ. Over 1M SF in real estate is actively being constructed immediately adjacent to the subject site, next door at Cathedral Square, including world-class offices, apartments, retail. This is the most coveted corner high-rise development parcel in The City of Philadelphia, with a prestigious address and location that cannot be replicated. Previous zoning was approved for a 28-unit 16-storey luxury condo building with underground parking, ground floor retail and garden, 2nd floor wellness center and fitness studio with terrace, panoramic rooftop skyline garden, and 2 penthouses. The 2bd x 2.5ba homes each contain private balconies with an average unit size of 1650 SF. The total proposed building is about 90,000 SF. An alternative plan with a more dense, 56-unit luxury rental apartment building contains a mixture of 1bd (630 SF) and 2bd (920 SF) apartments throughout 83,000 SF in a 16-storey structure. An office building, life sciences building, or hotel could also be constructed by-right / with bonuses according to the CMX4 zoning code. Enquire within for conceptual plans designed by a prominent architectural firm.
© 2022 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing courtesy of Compass Pennsylvania, LLC. Data last updated on Wednesday, July 6th, 2022 01:29:47 AM.

Contact - Listing ID PAPH2081912

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Brett Furman

528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060

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