Developments

  • Avenue North (1600 North Broad Street)

    Tower received final selection as the project redeveloper by the Redevelopment Authority in late 2004, the project commenced construction in 2005 and both project components (Entertainment/Retail and Student Housing) were in use by 2006.  Tower was selected redeveloper after two previous developers were unsuccessful. It is the largest private development in the history of North Philadelphia

    The Entertainment/Retail component, The Shops at Avenue North, include a seven screen multiplex movie theater on the second floor of the 90,000 square foot building.  The theater complex - The Pearl - is the first movie theater in North Philadelphia in 40 years.  On the first floor is an array of retail and commercial tenants including Bank of America, Qdoba Grill, and Foot Locker.  The Student Housing component, The Edge at Avenue North, is a 256,000 square foot, 12 story residential facility which houses over 1,200 Temple University students. The first floor includes 10,000 square feet of retail space.

  • Tower Place

    Tower Place is the first luxury apartment building on North Broad Street by Bart Blatstein's Tower Investments Inc. The historical building built in 1959 by renowned architects Carrol, Grisdale & Van Alen has been renovated with modern features, appliances and amenities. Unique hotel-like conveniences make Tower Place a destination for tenants who are seeking the best lifestyle.

  • Northern Liberties

    Tower’s nationally renowned Northern Liberties Redevelopment began in January 2000 when Tower acquired the former Schmidt’s Brewery at 2nd and Girard in Northern Liberties at Sheriff Sale.  Demolition of the brewery has sparked substantial redevelopment activity in the neighborhood. Additional properties throughout the neighborhood have been acquired as Tower Investments, Inc. takes a long term approach in neighborhood investment.   Several commercial and residential buildings have been completely renovated or are currently being renovated as a part of Tower’s redevelopment efforts in Northern Liberties.

    Since January 2000, in addition to the specific projects listed below, Tower has constructed, renovated and leased more than 550 residential units and 150,000 square feet of commercial space in formerly neglected and abandoned Northern Liberties community.

  • Schmidt’s Parcel

    The former Schmidt’s Brewery will be the pinnacle of Tower’s Northern Liberties redevelopment.  The plan for the parcel at 2nd Street and Girard Avenue is Reclamation of former industrial land into a Transit Oriented Development (TOD). This phased development, will begin with the Shops at Schmidts (2nd Street and Girard Avenue), a two story, 100,000 square foot, supermarket anchored retail development.  The next phase, Residences at Schmidts is set to include 600 new residential units in three separate buildings surrounding a lushly landscaped, one acre park and a 846 car parking garage with 50,000 square feet of commercial space.

  • 201 Spring Garden

    Tower acquired this 25,000 square foot office building in the Fall of 2006, at the time the property’s occupancy was only 10%.   Taking advantage of the building’s Keystone Opportunity Zone designation and some renovations, Tower’s leasing efforts resulted in 100% occupancy with rents higher than projected.

  • River View Plaza

    Tower developed, owned and managed River View Plaza for 15 years before selling it to Cedar Wood Shopping Centers, a Real Estate Investment Trust, in 2003.  The first newly constructed mixed-use development on Philadelphia’s Delaware River waterfront, River View Plaza has become a high-profile complex for shopping, entertainment, dining and office uses.  The complex offers the convenience of suburban-like retail establishments and amenities such as easy access and abundant free parking.  Constructed in phases commencing in 1989, the complex now contains 250,000 square feet of national, regional and local retailers, restaurants and businesses.  The tenant rooster at the time of the sale included Staples, Athletes Foot, and the first multiplex United Artists theatre with all-stadium seating in the Delaware Valley.

    It is also notable that the development’s vast parking field was created with land under Interstate 95, previously an area plagued by short-term dumping.  This new use for the property was accomplished by working closely with the Interstate Land Management Corporation (ILMC) and Pennsylvania Department of Transportation (PennDOT). This development was sold to Cedar Wood Shopping Centers, a Real Estate Investment Trust

  • Columbus Crossing Shopping Center

    Completed in 2001, this 142,000 square foot shopping center brought nine new retailers to the Delaware River waterfront shopping district, including the first urban AC Moore store and the first upscale 61,000 square foot Super Fresh Market in the Delaware Valley.  After Wal-Mart abandoned its plan for a Sam’s Club, Tower purchased the 11 acre tract in anticipation of attracting high-profile regional and national retailers to what is now a “power center.”  Before construction began, Tower pre-leased the entire development.  Additional tenants include Old Navy, Famous Footwear and Coconuts.  This development was sold to Cedar Wood Shopping Centers, a Real Estate Investment Trust.

  • Warminster Towne Center

    Designed and leased by Tower in 1996, this 400,000 square foot grocery-anchored retail shopping center in Warminster Township, in suburban Philadelphia’s Bucks County was sold during construction in 1997.  The center boasts a strong tenancy, including Kohl’s and Old Navy.

  • Manayunk Theater Complex

    Completed in 1996, this once vacant industrial land was developed into a 40.000 square foot complex brought a modern movie theatre to Manayunk and the center includes a popular diner and Wine and Spirits Shoppe.

  • Bridge Five Condominiums

    On the Schuylkill River in Manayunk, this is an 88,000 square foot, seven story, 60 unit luxury condominium building with on site parking.  The building was newly constructed on former industrial land, Tower obtained an Act 2 Release of Liability from the Department of Environmental Protection of the Commonwealth of Pennsylvania.  This project received unanimous support from all four neighborhood groups involved in development and civic affairs, when other developers had met with opposition.  Designed and built by Tower’s in-house development department, Bridge Five was completed in 2004 and had sold all 60 units within one year.

  • Dickinson Square, 1500 S. Columbus Boulevard

    Converted from a former warehouse, this 40,000 square foot multi-tenanted office building was purchased by Tower in 1996 and renovated originally for two large tenants.  Tower has since converted the building, now home to four separate businesses, Magee Rehabilitation, St. Agnes Adult Day Care, United Insurance and Caring People Alliance.

  • Fox Chase Cancer Administrative Offices, Cheltenham

    A single tenant office building constructed and owned by Tower, this facility houses the administrative offices of Fox Chase Cancer Center.

  • Frankford Square

    In 1990, Tower purchased, expanded, rehabilitated, and fully leased this 35,000 square foot failing mixed-use property that was blight on the 6800 block of Frankford Avenue.  The property was predominately a closed retail store with appended office space, virtually unoccupied when purchased.  After Tower secured new tenants for the office and retail portions (most notably Blockbuster Video and Philadelphia-based House of Bargains) and expanded the existing building to 50,000 square feet, the center was once again 100% occupied. Tower sold the facility in 1998 to a New York based real estate company.

  • Rialto at the Piazza

    The newest sphere of influence for well rounded businesses, with six stories of innovative office spaces just steps away from the vibrant boutiques and cozy apartments of The Erbe at the Piazza and Liberties Walk at Schmidts. Office spaces range from 2,500 to 5,000 square feet, and are infinitely customizable.

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Previous Residential Developments

  • The Piazza at Schmidts , Northern Liberties

    The AIA award winning project is venerated as a model of urban redevelopment at its best with open public spaces and cutting edge architecture. The Piazza at Schmidts opened in May, 2009, the three acre site was abandoned for decades now has 414 residential units and on the ground level, 100,000 square feet of commercial space, including four restaurants anchors this ambitious development. The Piazza, which has a large performance stage and enormous 26’ by 16’ foot screen – the city’s largest – for movies and sporting events, hosts festivals and entertainment throughout the year, most of them free to residents and visitors alike. 

     

  • Liberties Walk

    Liberties Walk an innovative urban design four-block development inverts the buildings from the street to create a pedestrian-friendly place.  Liberties Walk are a series of three story buildings which are a combination of retail on the first floor and residences above, for a total of 72 residential units, 35,000 square feet of retail and 19 townhouses with the former St. John Church to serve as a performance art center and gallery. In addition to its innovative design, this development has offered unique opportunities to woman and minority businesses.  The majority of the retail tenants are women and minorities have opened businesses that are one of a kind and benefit from the growth that Northern Liberties is experiencing. Modernist one-to three-bedroom apartments with all-new hardwood flooring, washer/dryer, state-of-the-art ovens, refrigerators, dishwashers and microwaves, all designed for maximum space and sunlight. Sliding glass doors which open to Liberties Walk at Schmidts highlight this property.

     

  • Montesino

    This one time factory building has been remodeled to show off the best of the old-high ceilings, large exposed wooden beams, exposed brick walls, industrial sized windows, with the newest appliances including dishwasher, washer/dryer, garbage disposal, stove and microwave in each of its 56 unique units.

     

  • Del Campo

    An industrial warehouse renovated into remarkable living spaces, each with exposed wood beams supporting high ceilings, exposed brick walls and enormous factory-sized windows. Each unit has a full complement of amenities, including central air, washer/dryer, microwave, stainless steel appliances and garbage disposal.

     

  • Boone Lofts

    A complete rethinking of a classic Philadelphia public school, with 45 distinctive lofts starting from 300 square feet, each with twelve-foot industrial ceilings, exposed brick walls and immense windows. Each unit includes central air, new appliances including microwave and garbage disposal, with washer/dryer facilities on every floor.

     

  • Erbe

    The award-winning Urbanist design of The Erbe at The Piazza sets the stage for this innovative three building development surrounding a public open air plaza. Shopping and dining at ground level, 104 upscale split-level apartments above, each with washer/dryer, central air, a full complement of Euro-style appliances and marble countertops.

     

  • Navona

    Navona is a European style property positioned opposite the Erbe at the Piazza. The Navona has 156 residential units, each with washer/dryer, central air, a full complement of Euro-style appliances and marble countertops.


Previous Commercial Developments

  • The Piazza at Schmidts , Northern Liberties

    The AIA award winning project is venerated as a model of urban redevelopment at its best with open public spaces and cutting edge architecture. The Piazza at Schmidts opened in May, 2009, the three acre site was abandoned for decades now has 414 residential units and on the ground level, 100,000 square feet of commercial space, including four restaurants anchors this ambitious development. The Piazza, which has a large performance stage and enormous 26’ by 16’ foot screen – the city’s largest – for movies and sporting events, hosts festivals and entertainment throughout the year, most of them free to residents and visitors alike. 

     

  • Liberties Walk

    Liberties Walk an innovative urban design four-block development inverts the buildings from the street to create a pedestrian-friendly place.  Liberties Walk are a series of three story buildings which are a combination of retail on the first floor and residences above, for a total of 72 residential units, 35,000 square feet of retail and 19 townhouses with the former St. John Church to serve as a performance art center and gallery. In addition to its innovative design, this development has offered unique opportunities to woman and minority businesses.  The majority of the retail tenants are women and minorities have opened businesses that are one of a kind and benefit from the growth that Northern Liberties is experiencing.

  • Navona

    Navona is a European style property positioned opposite the Erbe at the Piazza.


     

  • Erbe

    The award-winning Urbanist design of The Erbe at The Piazza sets the stage for this innovative three building development surrounding a public open air plaza. Shopping and dining at ground level, 104 upscale split-level apartments above, each with washer/dryer, central air, a full complement of Euro-style appliances and marble countertops.


     

  • The Shops at Schmidts

    100,000 sq ft retail on a two story structure with 160 parking spaces.


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