A brand new 18-story luxury apartment community is coming to Philadelphia, courtesy of Toll Brothers Apartment Living. The mixed-use apartment will contain 344 units, and is anticipated to open in the summer of 2023. The development has been under construction since 2021. Toll Brothers have financed the project by utilizing a construction loan of over $100 million, and they will manage all aspects of the property’s management.
President of Toll Brothers Apartment Living had this to say regarding the development. “Toll Brothers Apartment Living is thrilled to develop Broad & Noble, our first luxury apartment community in Philadelphia. We have developed for-sale residential communities here for decades, but Broad & Noble will be our first high-rise apartment community in the heart of the region where Toll Brothers was founded 55 years ago.”
The building, called Broad & Noble, will feature a variety of units. Studio, one bedroom, and two bedroom apartments are the available options, as well as 44 penthouse units all equipped with luxury finishes. Residents will also have access to a parking garage with 106 underground spaces. There will also be storage for bicycles and parking spots where electric vehicles can be charged. The amenities are set to include a top-of-the-line fitness center, private dining rooms, a building concierge, and media rooms. The media centers will include rooms for music production and podcasting, and the fitness center will offer private yoga and cycling classes. Residents will also enjoy the benefits of a sky lounge with and outdoor deck area that has a full view of the Philadelphia skyline.
The apartment community is set to be an exciting development in the area, and will provide a luxury option for Philadelphia residents looking for a new home next summer.
More information found in | “Toll Brothers Apartment Living® Tops Out Broad & Noble, a New Luxury High-Rise Apartment Community Coming to Philadelphia” | Globe Newswire