200 Spring Garden Street

Philadelphia, PA

200 Spring Garden is a 13-story, L-shaped residential tower at the southwest corner of Spring Garden and North 2nd Street. Located at the southern edge of Philadelphia’s Northern Liberties neighborhood, and directly adjacent to SEPTA’s Spring Garden Station, the project will serve as the gateway of an emerging district connecting the Northern Liberties and Old City neighborhoods.

The tower consists of 360 apartments over structured parking and approximately 23,000 SF of retail and will bring an activated ground level experience to Spring Garden Street and North 2nd Street, including a pedestrian-friendly, tree-lined public plaza to inject new vitality into the area’s street life.

Designed by Handel Architects with the urban experience in mind, the mixed-use building features an activated ground floor with two-story City Fitness flagship fitness club with full-size lap pool along Spring Garden Street, luxury amenities, and marquee retail at the corner of Spring Garden Street and North 2nd. Parking for residents will be internal to the structure with vehicular access from North 2nd Street.


Part of the larger Northern Liberties assemblage, National Real Estate Development is partnered with Kushner Real Estate Group (“KRE”) to co-develop 200 Spring Garden Street on behalf of the ownership group of National Real Estate Advisors and KRE.

Located within Philadelphia’s East Callowhill Overlay District (“ECD”), the development team is actively working to create a unique neighborhood inspired by the surrounding historic Old City and Northern Liberties neighborhoods. The mixed-use project is designed to embody the City of Philadelphia’s urban planning vision for the district and is anticipated to be the cornerstone of a new generation of development in the ECD.

The project will be developed in multiple phases, with the subject residential towers as the initial phase. The overall project is a four parcel, mixed-use, pedestrian centric development located on North 2nd Street between Callowhill Street and Spring Garden Streets. Anchored at its interior core by North American Street, the new neighborhood will cater to a diverse community who value the walkability of city life and the easy access to Philadelphia’s historic neighborhoods, business district, culture, and nightlife.

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Property Details

Property Type
Multifamily

Investment Type
Equity

Status
Development

Rentable SF/Units
337,662

200 Spring Garden Street

National Real Estate Development