Carl Dranoff plans 176 more apartments on South Broad

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Carl Dranoff plans 176 more apartments on South Broad
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Daily News | Carl Dranoff plans 176 more apartments on South Broad

that will include another supermarket and an additional 26,000 square feet of retail.

Applications for the Broad and Carpenter building have not been submitted yet, and renderings of the architectural design are not yet available. Dranoff does not anticipate the need for zoning relief and says the project will break ground in 2024.Catty-corner from Symphony House, Dranoff’s first building on South Broad Street, he plans a 145,000-square-foot, 15-story apartment building at Broad and Pine.

It is far shorter in stature than Arthaus, in a bid to match the scale of the historic structures closer to City Hall and the adjoining University of the Arts buildings. Anderson Hall, one of the school’s classroom buildings, is right next door to the lot. The former Gershman Y is across the street from Dranoff’s project and is slated toConstruction at Broad and Pine is expected to begin early next year, and will host 91 new units, with a retail offering on South Broad.

“These are going to be larger apartments for people who could buy a condo, but they’re not sure if they want to or not,” said Dranoff. “They are coming into Philadelphia but aren’t sure what they want to do yet.” Dranoff started building on South Broad after bidding for the then-city owned parcel at 440 South Broad St., which would become Symphony House condo tower, in 2003. He then developed the high-end, but low-rise, rental buildings 777 South Broad and South Star Lofts.

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