News and Press

National Celebrates Official Grand Opening of The Noble, Northern Liberties’ Newest Residential Tower

June 28, 2024

13-story, 360-unit residential tower integrates Philadelphia’s Northern Liberties and Old City neighborhoods

National Real Estate Advisors, LLC, in partnership with Kushner Real Estate Group (KRE), celebrated the grand opening of The Noble, a 13-story, 360-unit residential tower at 200 Spring Garden Street, Philadelphia. The event, featuring a poolside party on June 27 with City Fitness, welcomed residents, friends, and special guest speakers. The project was developed in a joint venture between National’s subsidiary, National Real Estate Development, LLC, and KRE Group.

“The Noble creates a new corner in Philadelphia’s Northern Liberties neighborhood furthering the connection to the Old City community,” said Daniel Killinger, President of National Real Estate Development. “So much of this new tower is inspired by the vibrant arts and culture scene in Philadelphia to create a place where individuality is encouraged, diversity is embraced, and personality is expressed. Thank you to all our wonderful partners who joined us in this venture to bring The Noble to our community.”

“I am pleased to welcome the residents of the Noble to the First Council District!  I have worked with the National Real Estate Development team on other projects in the District and they have been a great community partner,” said Mark Squilla, City of Philadelphia Councilmember Mark Squilla (District 1). “As we increase the housing density in this area, we help to enhance the livelihood of our business corridor and grow the neighborhood.”

 

Design Inspired by Local Architecture

Positioned at the corner of 200 Spring Garden Street in Philadelphia, The Noble is designed by Handel Architects with interiors by Major. The Noble’s modern architecture takes inspiration from the warehouse-style buildings of Northern Liberties and the unique urban environment. The building is brought to life by hand-laid brick on both the street and courtyard facades and a curving metal cornice. The porte-cochere curves around a column “tree” that splays outward to support the building above.

“The Noble marks a meaningful addition to urban living in Philadelphia”, said Jonathan Kushner, President of KRE Group.  “This project not only adds to the architectural beauty of Northern Liberties but also taps into the rich artistic fabric of the community. We are excited to see The Noble contribute to the vibrancy and growth of the neighborhood.”.

In collaboration with Mural Arts Philadelphia, The Noble’s art program includes a mural created by renowned Miami-based artist HOXXOH (Douglas Hoekzema).  Using a unique, pressurized spray paint application technique utilizing gardening hoses and nozzles, HOXXOH used this process to create the improvised 1,365 sq. ft. mural on a corrugated metal wall facing The Noble’s outdoor garden. HOXXOH’s mural is a stunning display of sweeping color fields and abstract designs that speak to the imagination and challenge perceptions of what public art can be.

 

Where You Play

In addition to state-of-the-art residential units, The Noble features a range of shared amenities available to meet the needs of modern city-dwellers. Tenants of The Noble, in which City Fitness resides, will be provided membership to City Fitness Northern Liberties.

“Originating in the heart of Northern Liberties, City Fitness is delighted to introduce our latest cutting-edge facility to residents of The Noble and the surrounding neighborhood”, shared Ken Davies, City Fitness Founder and CEO. “This state-of-the-art location is a showcase of our foundational principles – vibrant facilities with premium equipment, an inviting atmosphere, and elevated programming and personal training. With offerings like our rooftop lap pool, Olympic lifting platforms, enhanced Thrive small group training, and advanced recovery treatment, City Fitness Northern Liberties is the launchpad for personal enrichment.”

 

Amenities of The Noble further include:

  • Flagship 17,000 SF City Fitness Gym
    • Other amenities include cryotherapy, saunas, HydroMassage, full-service locker rooms, and a juice bar.
  • Year-round heated 75-foot pool with Skyline Views & Deck
  • Garage Parking & First Floor Activated Bike Room
  • Amenity Lounge & Party Room
  • 10,000-square-foot green space

The Locale

The new premier residential tower, which integrates Philadelphia’s Northern Liberties and Old City neighborhoods, is conveniently accessible to I-95 and the Delaware River Trail. Embedded in this vibrant community, the Noble is close to restaurants, museums, and parks throughout Philadelphia and the region. The modern L-shaped residential tower includes a pedestrian-friendly, tree-lined public plaza, marquee retail directly adjacent to SEPTA’s Spring Garden Station. Connected to The Noble’s patio is a dog run, landscaped deck with grill stations, tables, chairs, and string lights.

The residential tower is managed by Greystar, a global leader in the investment, development, and management of rental housing properties. Leasing for The Noble is now available. To learn more about the project or for residential leasing information, please visit  thenoblephilly.com or follow @TheNoblePhilly on Instagram and Facebook.

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About National Real Estate Advisors

National Real Estate Advisors, LLC (“National”) is an investment manager developing, operating, and managing commercial real estate projects across the United States. National’s core mission is to create lasting value through visionary projects and produce solid, long-term returns for our clients while improving the communities in which we invest and develop. Since 2000, National’s investment team has been constructing investment portfolios of diverse property assets —apartment, office, mixed-use, medical/healthcare, industrial (including data centers), and hospitality. National manages multiple investment vehicles, including a diversified, open-end fund, a data center-focused fund, and separate accounts. National seeks to create value for investors by adhering to rigorous investment and development principles guided by integrity, community, and collaboration.

National is an independently operated subsidiary of the National Electrical Benefit Fund (“NEBF”), a pension trust with assets that are managed by National on a discretionary basis. For more information, please visit www.natadvisors.com.

About National Real Estate Development 

National Real Estate Development, LLC (National Development), is a real estate development firm focused on developing innovative, high-quality projects throughout the country. Since its inception in 2013, National Development’s direct development projects that are completed or under construction have totaled nearly 6.3 million square feet in major markets such as Philadelphia, Washington, D.C., Los Angeles, and San Francisco.

National Development specializes in multi-faceted projects across the country. With a proven track record of creating dynamic, vibrant spaces designed to foster connections, National Development’s talented professionals actively seek out unique, challenging, and forward-thinking ventures. From land acquisition to delivering the final project, the team possesses a diverse skill set and extensive expertise, which we believe ensures the highest standards in quality and design. National Development has expertise developing across all major real estate asset classes, including mixed-use, apartments, traditional and medical office, and industrial properties.

Notable projects include East Market in Philadelphia, The Stacks in Washington, D.C., The Bloc in Los Angeles, and 100 Van Ness in San Francisco. National Development is the wholly owned, full-service development subsidiary of National Real Estate Advisors, LLC. To learn more, visit www.natrealestatedevelopment.com.

About Greystar

Greystar is a leading, fully integrated multifamily real estate company offering expertise in investment management, development and property management of rental housing properties globally.  Headquartered in Charleston, South Carolina with offices throughout the United States, Europe, Latin America and Asia-Pacific, Greystar is the largest operator of apartments in the United States, managing over 425,000 units in over 140 markets globally, with an aggregate estimated value of approximately $80 billion.  Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors with over $21 billion in gross assets under management including more than $8 billion of developments that have been completed or are underway.  Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world class service in the rental housing real estate business. To learn more about Greystar, visit www.greystar.com.

About City Fitness 

City Fitness, Philadelphia’s premier active lifestyle brand, operates eight strategically located gyms throughout the city, offering stunning facilities and cutting-edge technology. Rooted in core values of cleanliness, welcoming environments, and innovation, City Fitness is a community of over 20,000 members. From East Passyunk to Fishtown, the brand inspires personal growth through unique fitness experiences. Beyond the clubs, City Fitness actively champions active lifestyles in Philly, contributing to the city’s vibrancy and inviting all to join in building a healthier, more vibrant Philadelphia. City Fitness is proud to be the official fitness partner of the Philadelphia 76ers.