Parkway Corp. of Philadelphia and Hanover Co. of Houston have partnered to construct on two key corners at Broad and Callowhill streets, which have the potential to reshape and create what is essentially a new gateway to North Broad Street in Philadelphia.
The development is called Hanover North Broad and consists of constructing two, 6-story apartment buildings that would have a total of 339 units, 330 parking spaces in a garage and retail space totaling 17,500 square feet.
Each building would stand across from one another on opposing corners.
One building at the southwest corner would have 229 units and 11,000 square feet of retail space and the parking garage. The smaller structure would be on the southeast corner and have 110 apartments and 6,000 square feet of retail. Each would have interior courtyards as well as a range of amenities.
Read the full story here.
Read more business news on the Philadelphia Business Journal website.