7/2/2019

Stable Lofts Continues North Broad Street Revitalization

North Broad has been seeing a large amount of new development in recent years.  New apartment buildings, office space, retail, and entertainment have been developed or are seriously planned for the stretch of Broad Street from City Hall to north of Temple University.  The development includes renovation of existing, often historic, buildings and new construction. Some new developments include both renovation and new construction at the same property. One such development is at 631 North Broad Street, at the site of the former Edwin Hart horse stables that date back to the late nineteenth century.  Developer North Broad Living Management had bought the former stable and has converted it to apartments, including a large seven-story extension on the back. This new apartment complex was designed by Canno Architects.

The Stable Lofts have 41 rental units.  There are many different floor plans. The one-bedroom units are 700 to 900 square feet and range in price from $1,900 to $2,500 rent per month.  The two-bedroom units are 1,100 to 1,350 square feet and range in price from $2,850 to $3,600 rent per month. There are also bi-level units with second floor lofts.  Each unit has GE appliances; including dishwashers and washers and dryers, NEST controls, smart latch locks that can be operated from phone apps and with keys, ceiling fans, Duravit bathtubs, Fresca bathroom sink faucets, tile bathroom walls, quartz countertops, and hardwood floors.  Some have reclaimed wood built-in shelves. A few units have outdoor corner terraces or backyard patios. The building has a roof deck with a large grill and tables and couches. The first floor has a Peloton bike room, bicycle storage, and package and cold storage lockers. The building has reclaimed wood paneling on the hallway walls and in the elevators.  The complex is pet-friendly. The first floor will have a large retail space facing Broad Street and the historic red-brick Broad Street facade has had a detailed renovation.

North Broad is going to continue to develop.  New high-rise apartment buildings are being proposed.  The Divine Lorraine Hotel was recently renovated into apartments and the Metropolitan Opera House was renovated into a premier concert venue.  Near the Stable Lofts, a branch of the former Reading Viaduct was converted into the new Rail Park. Stable Lofts is just one of many properties that are prime for new apartment and retail development on, and near, North Broad Street.