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The Divine Lorraine to House 126 Apartments

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Probably more exciting to many Philadelphians than the papal visit, or even the Democratic National Convention, is news that the Divine Lorraine will house 126 apartments, possibly as soon as two years from now. "Backed by Billy Procida of Procida Funding (he's backed a number of EBRM's new project and loves Philly), the development budget for the project is $43 million and could get started as early as May." [Philly Mag]