Toll Brothers Debuts Philly Community
The property is situated in the Callow Hill neighborhood.
Toll Brothers Apartment Living and Sundance Bay have opened Broad + Noble, a luxury high-rise apartment in Center City Philadelphia.
The 18-story luxury mixed-use community is Toll Brothers’ first multifamily development in Philadelphia. The property includes 344 units and opened its first residents in February.
Construction was financed with a $100.2 million loan from Wells Fargo.
Design a major focus
Its design aims to unite Philadelphia’s pioneering history with a modern innovative spirit, according to Toll Brothers.
Residences have refined finishes like Caesarstone quartz countertops and tile backsplashes, stainless steel appliances and designer cabinetry with soft-close drawers and doors. Units also feature spa-inspired bathrooms and oversized custom closets, smart thermostats and keyless entry. Residents have access to a 24/7 concierge and secured garage parking with electric vehicle charging stations and a fitness center.
The 18th-floor amenity suite offers rooftop space with 360-degree views of Philadelphia and a gaming lounge with billiards, as well as a media room with a large screen TV and surround sound.
The property also features a content creation studio and private dining room, as well as an entertainment kitchen.
Toll Brothers and PGIM recently opened The Laurent, a 525-unit luxury community in Cambridge, Mass.
Located near the entrance to Philly’s Rail Park, the property offers residents easy access to various dining, shopping and entertainment options and is located within a short distance of the city’s major employers.
There are 59 communities totaling 9,373 apartment units with a B- location rating in this Philadelphia submarket and an 89% occupancy rate, according to Yardi Matrix data. The submarket has shown strong growth this year, ranking second out of 80 submarkets.
