More on Toll Brother’s Headhouse Square Project in Society Hill

More on Toll Brother’s Headhouse Square Project in Society Hill

Society Hill – Coincidentally, Planphilly.com posted an article today on the Toll Brother’s Society Hill project I blogged about yesterday.  Here’s the latest update from their article.

Toll Brothers wants to build a 70-unit, low-rise condominium on the site of the failed NewMarket development in Society Hill.  The location, between Pine and Lombard streets, near Head House Square, had been the proposed location for several developments over the past several decades – including the controversial Stamper Square hotel/condo development, which died when funding fizzled, and another project by Philly native Will Smith…If this development moves forward, Toll Brothers plans one- and two-bedroom units with underground parking… The development would be built in the shape of the T, with the top of the T running along Front Street. The building would be no higher than 60 feet and, from Front, would look like a batch of row-homes…The parcel also includes frontage on Second Street and  “They are thinking of having a kind of park-like entry,”…The condos would come with underground parking, much of which would exist where a former underground garage, which has been filled-in, was located. The grade-level roof of the garage would be green….Starting prices would be about $400,000, and would include a parking space….Earlier reports said that Toll Brothers had until Aug. 31 to close on the property. A spokeswoman said Wednesday that they remain under contract.

All very interesting.  It’s great that even with a recession not too far in the rear view mirror and serious economic concerns nationally and abroad real estate development remains strong in Philadelphia.  Here are some pictures of the project as it currently exists – click on the images for full size images.

Philadelphia Real Estate Blog – Stamper Square Site Philadelphia Real Estate Blog – Stamper Square Site Aerial Philadelphia Real Estate Blog – Stamper Square Core Drilling

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Blog post compliments of CenterCityTeam’s Philadelphia Real Estate Blog

Frank L. DeFazio, Esquire
Prudential Fox & Roach Realtors – Society Hill
530 Walnut Street, Suite 260
Philadelphia, PA 19106
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