Leasing Gets Started as Bridge Gets Closer to Completion Tuesday, January 24, 2017
For someone that doesn't know the history, the construction of the Bridge on Race project at the northwest corner of 2nd & Race is nothing special, just another example of the recent development boom in Philadelphia. But for those that have followed the history of the property, it still seems kind of incredible that it's actually happening and remarkable that it's now approaching the end of construction. In short, the project was in the works for about 15 years and took a number of turns along the way, finally breaking ground about a year and a half ago. When we checked in over the summer, we saw that construction had zipped along nicely after the first year. As you might imagine, more progress is apparent today.
For those that don't remember, Brown Hill Development is building this project, which will have 146 apartments and numerous amenities, like an 8K sqft terrace (with barbeque nooks!), a large lounge space dedicated to co-working, and underground parking. Over the last few months, word has come out that three of the building's four retail spaces have found tenants, with United by Blue cafe and clothing shop, sushi restaurant Tuna Bar, and salon Moxie Blue planning to open up shop.
And if you're wondering when might be a good time to make a reservation at Tuna Bar, a press release came across our desk last week indicating that the building should be wrapping up in the late spring months and that applications are now open for people looking to rent an apartment. Units range in size from studios to two-bedrooms, and it looks like prices are between $1,075 on the low end and $3,235 on the high end. We couldn't tell you for sure, but we'd think that the penthouse units might go for even higher prices, as those views are gonna be pretty amazing.
In case you haven't seen renderings of the final product, here's a glimpse of what's to come, with credit to Gluck+ for the architecture.
We've waited so long to see this game changer go up, it will be surreal to see it completed. Once it's done, we'll try to get inside so we can check out the place and take in those penthouse views for ourselves. And for you too, of course.