Broad and Washington Breaks Ground in Philadelphia, PA

26 January, 2022

 

Philadelphia, PA developers Post Brothers and Tower Investments are teaming up to bring a 1.9 million-SF mixed-use project to Broad Street and Washington Avenue in the South Philly neighborhood.

Decades in the making, the $750-million project will include 1,457 apartments, more than 65,000 SF of retail space on the ground floor, and a parking garage. The first phase will feature 600 apartments across four interconnected buildings and 50,000 SF of ground-floor commercial space. This phase is anticipated to be completed in 2024.

To date, Broad and Washington is the largest project in the U.S. to use prefabricated load-bearing wall panels for Class A housing. This allowed the developers to save 25% on hard costs, versus traditional concrete and steel construction.

“It’s an honor to work with Post Brothers in developing such a monumental community in our own backyard that will not only set a record for mixed-use housing in Philadelphia, but also the entire country,” Tower Investments founder and CEO Bart Blatstein said.

Bohler’s Philadelphia team is providing civil engineering, and permitting services for the project. Read more about this transformative project here.

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