Groundbreaking: Dranoff’s Luxurious One Riverside Sets the Date

The luxury condo project is about to get started. Here's what you can expect.

By James Jennings· 4/27/2015, 2:41 p.m.

One Riverside | Courtesy: Dranoff Properties

Carl Dranoff is a busy man. We know all about his SLS International Hotel & Residences project at Broad and Spruce. However, let’s not forget about One Riverside, his other luxury condo high rise right on the edge of Schuylkill River Park. If the design by Cecil Baker doesn’t grab you, the tagline certainly will: “The River. The Park. The Ultimate.” And if that doesn’t work, check out the video.

The official groundbreaking for the 22-story project will be on Wednesday, May 13 at 5:30 p.m. The building will house 82 condos, 15 of which have already been sold, according Erika Bohl, marketing manager at Dranoff Properties. Earlier reports indicated that priced would range from $685,00o on the lower end and all the way up to $6 million for the bi-level penthouse. The building at 25th and Locust has seen over $25 million in sales, noted Bohl in an email.

The first units are expected to be completed by December 2016 and the building will include a terrace with outdoor kitchen; a club room with sweeping views and fireplace; a business center, executive boardroom and a fitness center with showers, saunas and steam rooms. To top it off, there will be a 60-foot indoor lap pool with an outdoor terrace.

You may remember that One Riverside initially got off to a shaky start, particularly due to parking concerns and even how it would interact with the gardens at Schuylkill River Park. Inga Saffron even offered a six-step guide as to how to fix the initial designs, creating a building deserving of its prime location. Baker’s final iteration has gone over much better with everyone, including Saffron, who called it “a true urban tower” when the revised plans were unveiled.