Groundbreaking: Here’s What to Expect from One Riverside

One Riverside | Courtesy: Dranoff Properties

One Riverside | Courtesy: Dranoff Properties

After a long and winding journey, Carl Dranoff’s latest luxury tower, One Riverside, officially broke ground yesterday. When complete, the Cecil Baker-designed building will rise 22-stories above the ground and feature sweeping views of the Schuylkill River as well as multiple vantage points of both the Center City, and ever-expanding University City skylines.

The One Riverside project will be Dranoff’s fourth foray into residential development along the Schuylkill River. Previous developments include Locust Point, Locust on the Park and the Left Bank, which is on the University City side of the river at 3131 Walnut Street.

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June Date Set for One Riverside Groundbreaking

400x400 Carl Dranoff One Riverside rendering

In view of the devastating Amtrak derailment in Port Richmond last month, developer Carl Dranoff postponed the May 13th groundbreaking of his One Riverside project “out of respect for all those affected by this tragedy,” per a press release.

Now, we’ve gotten the official word that a new groundbreaking date has been set for the upcoming luxury condo tower: Wednesday, June 17th at 11:30am. The ceremony is to be at the One Riverside Sales & Design Center at 225 South 25th Street.

The 22-story building will house 82 luxury condos and plenty of high end amenities. The first units are expected to be ready in December 2016.

One Riverside Groundbreaking Postponed ‘Out of Respect’ for Amtrak Tragedy

One Riverside | Courtesy: Dranoff Properties

One Riverside | Courtesy: Dranoff Properties

Developer Carl Dranoff was set to break ground on the One Riverside project at a ceremony scheduled for tonight at 25th and Locust. However, if it’s one thing we’ve learned from the tragic events of last night’s Amtrak train derailment, it’s that life can change in an instant. Dranoff Properties announced in an email that the groundbreaking ceremony for the luxury highrise on the Schuylkill River has been postponed “out of respect for all those affected by this tragedy.” No new date has been scheduled at the moment.

Here’s the entire statement: Read more »

Morning Headlines: Dranoff to Give ‘First Look’ at One Riverside, Ardmore Suit Dismissed

Rendering courtesy of Dranoff Properties.

Rendering courtesy of Dranoff Properties.

While we’re all getting iced and rained on this week, it certainly looks like everything is coming up roses for Carl Dranoff.

According to Cheryl Allison of Main Line Times, Montgomery County Common Pleas Court Judge Bernard A. Moore dismissed the lawsuit brought against One Ardmore Associates, a partnership between Dranoff Properties and Lower Merion Township, by nearby business owners that could have blocked the transfer of the Cricket Avenue Parking Lot for the One Ardmore Place project. The mixed-use project seeks to bring 110 apartments, retail and a parking garage to downtown Ardmore. It has been contentious from the beginning, sparking a “Rally for Ardmore” back in November, and this current ruling looks to put it back on track for construction to start in the spring.

While the ruling is a major win for Dranoff, we all know it’s not his only project he has going at the moment.  Read more »

One Riverside Gets Roadshow Trolley Tour

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Our coverage of Carl Dranoff’s One Riverside reveals all the amenities the 25th and Locust condo tower is slated to have, but if you’re curious about other features and services, “Dranoff’s One Riverside Road Show” might answer further questions.

The road show will be traveling sales office inside a custom-wrapped trolley powered by the Philadelphia Trolley Works, and will be making its way through the city and suburbs for the duration of September (everywhere “from Abington to Ardmore”). Inside will be sales materials, renderings, and more images of building views.

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Morning Headlines: Changes For Carl Dranoff’s Proposed One Riverside Project

Rendering of One Riverside. Photo credit: Dranoff Properties.

Rendering of One Riverside. Photo credit: Dranoff Properties.

Months after getting an urban-friendly redesign, Carl Dranoff’s One Riverside project is getting another change: 88 condos, prices varying in the range of $700,000 to $4 million. Dranoff made the announcement yesterday during a dinner for real estate agents, according to the Inquirer’s Alan J. Heavens.

Originally, the proposed 22-story tower, which will cost over $100 million, was slated to have 147 luxury rentals. This plan was scrapped when the developer realized demand for condo ownership outweighed a desire for rentals, something he discovered when 10 Rittenhouse proved disappointing for tenants looking for “new and larger condominiums.”

Another developer trying to meet the condo demand is Tom Scannapieco. His 500 Walnut project, which is aiming for a spring groundbreaking, will include 40 condo units in a 26-story tower overlooking Independence Hall (the site is on 5th and Walnut). Heavens writes that pre-sales on that project’s units “are in the multimillions of dollars.”

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Morning Headlines: Carl Dranoff’s One Riverside Gets Urban-Friendly Redesign

carl dranoff one riverside

Rendering of the project via Philly.com

“A true urban tower,” that’s what Pulitzer-winning architecture critic Inga Saffron has called Carl Dranoff’s redesigned One Riverside project at 25th and Locust. The building, proposed last summer, had originally sparked complaints from locals and Saffron herself.

So what exactly are the differences between the old and new design?

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Morning Headlines: Dranoff’s One Riverside Tower Gets the Go-Ahead

Rendering of One Riverside, Dranoff's latest. Cecil Baker+Partners.

Rendering of One Riverside, Dranoff’s latest. Cecil Baker+Partners.

Yesterday the Civic Design Review board assessed Carl Dranoff’s plans for his proposed 20-story One Riverside tower on 25th Street and gave the residential building a final seal of approval. Inga Saffron, writing for the Inquirer, said, “The unanimous decision cleared the way for developer Carl Dranoff to start construction next fall.”

Unfortunately, not everyone is happy about the decision, including some of the members of the Schuylkill River Park Community Garden, which will now be 8 feet away from the mixed-use high-rise. Other disgruntled parties?

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Morning Headlines: Huge Crowd at Center City Residents Meeting About Dranoff Tower

Last night was the Center City Residents Association (CCRA) meeting about the proposed One Riverside Park, colloquially known as Dranoff Tower, that would sit on the Schuylkill in Fitler Square. News of the project broke a few weeks ago in Inga Saffron’s Changing Skyline column, in which she pointed out that there will be significant challenges ahead for Dranoff and architects Cecil Baker + Partners.

That may have been an understatement. Before the meeting, the CCRA released a statement that clearly explained how the project–a 21-story mixed-use building on a currently vacant parking lot at 25th and Manning–conformed to the Association’s neighborhood plan. There was good news and bad news:

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Observed: “STOP THE DRANOFF TOWER”

Tomorrow’s meeting of the Center City’s Resident Association could get rather spicy, if this sign spotted on a Center City street sign is any indication. The concerns referenced above will be regarding Dranoff’s One Riverside project at 210 S. 25th Street. It’s slated to be a 21-story mixed-use development with 167 apartments and about 1,000 square feet of retail.

Apparently, there’s some opposition:

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