Ensemble Real Estate

Land Development

Penn’s Landing Tower (Pier 34)

Penn’s Landing Tower (Pier 34)
Penn’s Landing Tower (Pier 34)
Site Plan

Location:

735 South Columbus Boulevard
Philadelphia, PA  19147

Property Description:

Located on the bank of the historic Delaware River, Penn’s Landing Tower is positioned to boast unparalleled views of both the Philadelphia skyline and the Delaware River. With these views, Penn’s Landing Tower will establish an undeniable, irreplaceable competitive advantage over every alternative urban residential offering in the same or higher price ranges. Center City is one of the fastest growing districts in Philadelphia and one of the few major metropolitan areas in the nation to show strong in-migration population increases from the suburbs over the last five years.

Penn’s Landing Tower, located immediately south of the Historic Penn’s Landing, offers 2.73 acres (118,986 square feet) of developable land that can accommodate 535,437 zoning square feet of development as well as a parking garage of 395 stalls. The site has been fully entitled with all zoning permits at a C3 zoning with a maximum FAR of 4.5. The current design by Coape Linder Architects, offer 297,584 square feet of saleable residential space in a 40 story tower made up of 230 units adjacent to 6 levels of parking.

Acquired:                2005
Site Area:                2.73 Acres
Development Area:   535,437 square feet of building space.