Thursday, December 19, 2013

Dranoff Aligns With Sam Nazarian's Hotel Platform to Build PA's Tallest Residential-Only Tower

Dranoff Properties and hotel developer sbe announced plans to construct a 47-story hotel and residential tower at Broad and Spruce streets in Philadelphia. 

The project called SLS International Hotel & Residences, under design by architecture firm Kohn Pedersen Fox Associated, will be across the street from the Kimmel Center for the Performing Arts on Broad Street. When completed, it will be among the tallest residential buildings in the state at 562 feet. 

The project unites Carl Dranoff, one of the nation's leading developers, with prominent hotelier and sbe founder, Chairman and CEO Sam Nazarian. It includes 150 boutique hotel rooms and 125 luxury condominiums for sale.

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