Toll Brothers Apartment Living, the rental subsidiary of Toll
Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury
homes, and joint venture partner Sundance Bay announced the grand
opening of Broad + Noble, an 18-story high-rise apartment community
in the vibrant Center City district of Philadelphia. The 344-unit
luxury mixed-use community in the heart of Callowhill offers a mix
of studio, one-bedroom, and two-bedroom apartment homes, and
welcomed its first residents in February 2024. The construction was
financed with a $100.2 million loan from Wells Fargo. The community
recently celebrated its grand opening with a ribbon cutting and
reception for the project’s partners, as well as current and future
residents.
With a design that unites Philadelphia’s pioneering history with
today’s innovative spirit, Broad + Noble combines exceptional
amenities and spacious residences with refined finishes, all while
being ideally situated near local attractions. Each apartment home
is carefully crafted featuring Caesarstone quartz countertops and
tile backsplashes, stainless steel appliances, and designer
cabinetry with soft-close drawers and doors. Spa-inspired bathrooms
and oversized custom closets elevate the modern urban living
experience, along with smart thermostats and keyless entry.
Residents also have access to a 24/7 concierge and secured garage
parking with EV charging stations.
"We are proud to introduce Broad + Noble to Philadelphia, Toll
Brothers Apartment Living’s first multifamily community in the
city," said John McCullough, President of Toll Brothers Apartment
Living. "Broad + Noble exemplifies our commitment to building
exceptional communities in prestigious locations, and we’re
thrilled to open this community in the region where Toll Brothers
was founded 57 years ago."
Broad + Noble’s curated amenities include a grand lobby and
lounge on the ground floor, welcoming residents with a warm
industrial aesthetic. The fitness center features state-of-the-art
strength and cardio equipment as well as a flex studio. Residents
enjoy 360-degree views of Philadelphia from the 18th-floor amenity
suite. This rooftop space includes a gaming lounge with billiards,
media room with large screen TV and surround sound, makers space,
content creation studio, and private dining room and entertainment
kitchen. Outside on the roof deck, residents can enjoy lounge areas
and grilling stations while taking in breathtaking skyline
views.
"Broad + Noble offers a unique blend of modern style and
historic charm, providing residents with a vibrant community in the
heart of Philadelphia," said Bradley Thompson, Managing Director of
Toll Brothers Apartment Living in the Northeast region. “Broad +
Noble’s location gives residents easy access to the best of
Philly’s dining, shopping, and entertainment, as well as many of
the city’s major employers.”
Broad + Noble is located at the entrance to Philly’s beloved
Rail Park in the eclectic Callowhill neighborhood, within walking
distance of City Hall. The community is near award-winning
restaurants and breweries, performing arts centers, and historic
sites. Broad + Noble will also welcome retail tenants on the ground
floor of the community. Residents enjoy easy access to public
transportation, and the community boasts a WalkScore® of 94.
For more information about Broad + Noble, visit
LiveBroadAndNoble.com.
ABOUT TOLL BROTHERS APARTMENT LIVINGToll
Brothers Apartment Living is the apartment development division of
Toll Brothers, Inc. (NYSE: TOL), an award-winning Fortune 500
company, and the nation's leading builder of luxury homes. Toll
Brothers Apartment Living brings the same quality, luxury, and
service for which Toll Brothers is known to its exceptional rental
and mixed-use communities in select markets, including Atlanta,
Boston, Dallas, Los Angeles, New York, Philadelphia, Phoenix, and
Washington, DC. Toll Brothers Apartment Living communities combine
the energy of vibrant locations with unparalleled amenities,
resident services, and the design and expertise of America’s Luxury
Home Builder®. In 2024, Toll Brothers Apartment Living was named to
the National Multifamily Housing Council’s Top 25 Largest
Developers list, the fifth year it has been so recognized. The firm
has completed over 10,000 units nationally, with more than 18,000
units in production.
For more information visit TollBrothersApartmentLiving.com.
ABOUT TOLL BROTHERSToll Brothers, Inc., a
Fortune 500 Company, is the nation's leading builder of luxury
homes. The Company was founded 57 years ago in 1967 and became a
public company in 1986. Its common stock is listed on the New York
Stock Exchange under the symbol “TOL.” The Company serves
first-time, move-up, empty-nester, active-adult, and second-home
buyers, as well as urban and suburban renters. Toll Brothers builds
in over 60 markets in 24 states: Arizona, California, Colorado,
Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland,
Massachusetts, Michigan, Nevada, New Jersey, New York, North
Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas,
Utah, Virginia, and Washington, as well as in the District of
Columbia. The Company operates its own architectural, engineering,
mortgage, title, land development, insurance, smart home
technology, and landscape subsidiaries. The Company also develops
master-planned and golf course communities as well as operates its
own lumber distribution, house component assembly, and
manufacturing operations.
In 2024, Toll Brothers marked 10 years in a row being
named to the Fortune World’s Most Admired Companies™
list. Toll Brothers has also been named Builder of the
Year by Builder magazine and is the first two-time
recipient of Builder of the Year from Professional Builder
magazine. For more information visit TollBrothers.com.
From Fortune, ©2024 Fortune Media IP Limited. All rights
reserved. Used under license.
Contact: Andrea Meck | Toll Brothers, Director, Public Relations
& Social Media | 215-938-8169 | ameck@tollbrothers.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/98935dda-46f7-490a-b8b3-037449adcca3
https://www.globenewswire.com/NewsRoom/AttachmentNg/8c2f6b82-dc79-43a0-ae90-d9d2b4029ab9
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
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