After years of sitting vacant, the Jewelers’ Row site of Toll Brothers Inc.’s planned condominium project could have a new future its neighbors view as a step in the right direction. 

The property, at the southwest corner of Sansom and South 7th streets, is being sold by Toll Brothers (NYSE: TOL) to Philadelphia luxury apartment developer Pearl Properties, according to Jewelers’ Row District President Rich Goldberg.

With a new building possibly under construction by mid-2023, it’s “one of the better case scenarios” as Jewelers’ Row businesses recover from Covid-19 fallout, Goldberg said. 

*Article courtesy Philadelphia Business Journal

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