Toll Brothers Trying To Build A Mixed-Use High-Rise On Jewelers Row

A Toll Brothers subsidiary is one step away from building a mixed-use high-rise on Philadelphia's historic Jewelers Row.

Toll Washington Square has already been approved for a 16-story building with 80 residential units and ground-floor retail, and Toll Brothers is expected to receive word on its application to demolish five properties from 702-710 Sansom St to clear space for the project by Sept. 1, the Philadelphia Inquirer reports.

Jewelers Row is a block largely dedicated to historic buildings and businesses in its eponymous industry, with its concentration on the 700 block of Sansom going back as far as the mid-1800s, when craftsmen would service the nearby government offices. It's the oldest and second-largest block of its kind in the country. (New York contains the largest.)

The building would be the first of its kind on the block, and the buildings it plans on razing have no historic protection. More than 20 businesses operate in those buildings, the Inquirer reports.

Toll Brothers has neither announced whether the residences would be condo or apartments nor whether the ground-floor retail would fit the commercial theme of the block. [Philly]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Philadelphia Newsletters
Related Stories

Affordable Housing Giant Starts $180M Philly Push: The Philadelphia Deal Sheet

'It's A 2-Way Street': Philly Hospital CEOs Seek Cost Savings From Architects, Builders

Capital Flooded Into Bay Area Apartments. Then Treasury Yields Spiked

The New Challenge For Apartment Managers: Proving Listing Photos Are Real

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

How Pacific Northwest Multifamily Owners Are Using Sustainability To Strengthen Asset Performance

South Jersey Affordable Housing Developers Blame State 'Overregulation' For Constricted Supply

Hudson Pacific's Historic San Francisco Conversion Project Gets Approval

FIRST DRAFT LIVE: Why Sun Belt Multifamily Giant Cortland Is Moving Its Money North

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

NYC's All-Electric Building Push Created A Heat-Billing Puzzle. The LFG Split Utility Panel Could Solve It

'Illegitimate' Or 'Leveling The Playing Field'?: Why Habitability Cases Are Surging In Eviction Court