Pearl Properties has taken another step toward developing a 34-story residential tower on Philadelphia’s Jewelers’ Row. The developer has submitted an application to the Philadelphia Historical Commission seeking approval to modify two historically protected buildings. The request focuses on properties at 124 and 126 South 7th Street. Plans call for alterations to the rear and… Read more »
Pearl Properties has paid $7.5 million to acquire a long-vacant — and controversial — Jewelers’ Row parcel from Toll Brothers Inc. The Philadelphia developer of high-end apartment buildings has not publicly commented on the transaction but property records now show the deal has closed. News of Pearl Properties potentially taking over the site at 702-710 Sansom St…. Read more »
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… Read more »
