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1420 Locust St
Philadelphia, PA 19102

Commercial Condo | Academy House · Residential Property For Sale · 552 Units

Executive Summary

The Avenue of the Arts is Philadelphia’s signature street. It has grown to become the heart of the City aesthetically, socially, economically, and culturally. The Avenue is one of the most vibrant and successful performing arts, residential, educational, commercial, and tourist destinations in the United States. Economic impact from arts and culture on the Avenue of the Arts has grown exponentially creating thousands of jobs and generating significant tax revenue for the city and state. Over $800 million of economic impact is generated by arts and culture activities along this corridor. These activities have created over 10,900 jobs, $265± million in wages, $18± million in local tax dollars, and $24± in state tax dollars. The Avenue is a City-designated arts cultural district on a segment of Broad Street in Philadelphia that includes many of the City's cultural institutions, most notably the theater district south of City Hall. The Avenue of the Arts originally ran along Broad Street from Locust Street south to Lombard Street. It was later expanded to North Broad Street,

PROPERTY FACTS

No. Units 552
Property Type Residential
Property Subtype Apartment
Apartment Style High Rise
Building Class C
Lot Size 0.65 AC
Building Size 721,541 SF
Number of Floors 37
Year Built 1977
Parking Ratio 1.25/1,000 SF
APN / Parcel ID
88-8-0803-16
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Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Concierge
  • Pool
  • Security System
  • Doorman
  • On-Site Retail
  • Lift

zoning

Zoning Code CMX5 (CMX-5 districts are primarily intended to accommodate mixed-use development in the central core area of Center City.)
CMX5 (CMX-5 districts are primarily intended to accommodate mixed-use development in the central core area of Center City.)
  • Listing ID: 14791616

  • Date on Market: 07/01/2019

  • Last Updated:

  • Address: 1420 Locust St, Philadelphia, PA 19102

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