Construction has begun on another Carl Dranoff tower in Philadelphia. Dranoff Properties is responsible for large and luxe residential buildings like Symphony House, Southstar Lofts, and 777 Broad — and those are just the ones on South Broad Street. The latest project, One Riverside in Fitler Square, looks like it will be no exception, with 82 units and 22 stories on the Schuylkill River.
"Luxurious amenities are a hallmark of all Dranoff Properties’ projects, and we pulled out all the stops with One Riverside," says Carl Dranoff. Included on the property will be a 60-foot indoor pool with a sundeck that overlooks the river, a fitness center and steam rooms, a boardroom area for meetings, a guest suite, valet parking, and a chauffeured sedan is also available. The condos will run from roughly $700,000 to $4 million and are expected to be completed in Spring 2017.
In addition to the finer points, location is, of course, key. "Fitler Square is an urban oasis with stunning views of the city, beautiful parks and close proximity to the Schuylkill River Trail," explains Dranoff. That trail, it should be noted, was recently ranked as the country's best urban trail in a reader poll conducted by USA Today. "We wanted potential buyers to experience the excitement of the city combined with the surrounding of natural elements."
Dranoff talks up Baker
For One Riverside Dranoff partnered for the first time with architect Cecil Baker, who's designing the buzzy 500 Walnut (of Beyonce and Jay Z rumors). Baker also did Locust Walk at Washington Square, a vacant turn-of-the-century building restored into residential units.
"A site so extraordinary and important as [One Riverside] needed a great architectural talent," Dranoff says. "[Baker's] firm has received more than 50 regional and national design awards and in 2008 he was named to the Hall of Fame by Residential Architect. His name is synonymous with great architecture throughout this city and our decision to partner with his firm was an easy one."
Why so few units?
"When designing our buildings, we always want to make sure we are providing the best possible product to our buyers," says Dranoff. "By constructing 82 units, we were able to ensure that all residences are spacious and complete with stunning views. Additionally, buyers have the option of purchasing multiple units and combining them to create a custom residence unlike any other."