Conshohocken-based Exeter Property Group is planning to develop a 23-story residential tower for the first phase of its Center City project, writes Jacob Adelman for The Philadelphia Inquirer.
The reflective-glass tower would rise beside the Cathedral Basilica of SS. Peter & Paul, at the corner of 17th and Race Streets. It would replace a vacant convent building and a parking lot.
The developer posted a presentation of the project last week on the website of the Philadelphia’s Civic Design Review board. The panel is scheduled to consider the proposed project on Feb. 4.
The presentation arrived more than three years after Archdiocese of Philadelphia officials said they would start looking for a developer to revamp the property around the historic cathedral.
According to the presentation, the building will have 273 units. The proposal calls for a landscaped public plaza that would surround the structure.
A later phase of the development includes a separate, 685-foot-high tower northwest of the cathedral, at the corner of 17th and Vine Streets. However, the presentation did not include the use of the second building.
Read more about Exeter Property Group at The Philadelphia Inquirer by clicking here.