A First Look at One Cathedral Square
The developers of the new apartment tower rising over the Cathedral Basilica of Saints Peter and Paul saved the best views for everyone.
The tenants were already moving into One Cathedral Square, EQT Exeter’s new luxury apartment tower overlooking Logan Square, when the developers and property manager The Bozzuto Group cut the ribbon on August 24th. But work crews were still in the midst of work on the most attractive feature of this 23-story tower.
Specifically, its amenity floor.
Solomon Cordwell Buenz’s design for this building put the amenities on the top floor, which means that every tenant in the building, no matter where their apartment is located, will be able to enjoy this view of the square:
That view can be had from the open-air terrace on the amenity floor.
The clubroom next to it shares the view.
So does the demonstration kitchen next to the clubroom, which can accommodate a dinner party of 20.
Fitness center patrons will have a great view to the south and east that also includes the Ben Franklin Bridge — and even William Penn, who rises just above Three Parkway.
The only amenity that lacks these great views is the co-working center, which sits just up a slight ramp from the lobby. This makes sense — that view would be awfully distracting.
Instead, the co-working center, which includes a conference room, looks out on a landscaped garden between this building and the back of the cathedral.
Gianni Parente, regional investment officer at EQT Exeter, explains that the garden is part of his firm’s master plan for the site, which will envelop the cathedral. One Cathedral Square is the first of two apartment towers the company plans to build on land it has leased from the Archdiocese of Philadelphia for 150 years.
“The church thinks in centuries,” says Parente. “We think in days and weeks.”
The apartments themselves are also very nicely outfitted. Most of the studios have an L-shaped floor plan that allows the sleeping area to function as a space apart from the main living area and kitchen.
All of the apartments have open main rooms that combine the living, dining and cooking spaces. They also have nine-foot-high ceilings, kitchens with quartz countertops and stainless-steel appliances, smart entry systems and full-size in-unit washers and dryers. The building also offers ’round-the-clock concierge service and an Amazon package hub.
This tower sits where the cathedral’s rectory used to stand. The next one will occupy what’s now a parking lot between the cathedral’s chapel and the Holy Family Center. The plan is to surround the cathedral and chapel with a landscaped garden path that will also connect with Sister Cities Park across 18th Street. The company even used the same landscape architect who designed Sister Cities Park to do the Cathedral Square landscaping.
As part of the project, the company is also landscaping a private prayer garden for the cathedral’s priests that will be locked, gated and accessible from both the outside and within the cathedral.
EQT Exeter sees Cathedral Square as fitting a missing piece into the Parkway jigsaw puzzle. “The Mormon Church did a great job with the north side of Vine Street,” says Parente, “and this really felt like a critical piece to add more life to the lower Parkway.” Parente also notes that the building’s commercial space at the 17th and Vine intersection will bolster the activity that Victory Brewing Company, Asia on the Parkway and Federal Donuts bring to the Parkway’s lower reaches.
“We have a couple of really exciting retail tenants interested in our space,” he says.
EQT Exeter expects the amenity floor to be finished in early December. The co-working lounge is already ready for use.
One Cathedral Square by the Numbers
Address: 1701 Race St., Philadelphia, PA 19103
Number of units: 271 studio, one-, two- and three-bedroom apartments, including two three-bedroom penthouses on floors 21 and 22. Units range in size from 501 to 1,627 square feet. Studio apartments range in size from 501 to 557 square feet; one-bedrooms, from 590 to 683 square feet; two-bedrooms, from 955 to 989 square feet, and the three-bedroom penthouses have 1,627 square feet of space.
Number of parking spaces: 18, in an underground garage
Pet policy: Pets welcome, up to two per unit, with a non-refundable fee of $350 and $50 rent per month per pet. Breed restrictions apply.
Rents: Studios, $2,050 to $2,245 per month; one-bedrooms, $2,500 to $2,930 per month; two-bedrooms, $3,800 to $4,130 per month; three-bedrooms, $8,000 to $10,000 per month.
More information: One Cathedral Square website; 877-915-0552