CoStar News reported about the new listing last week. Erin Miller of JLL Philadelphia, which is handling the marketing, confirmed to Curbed Philly that the 293-unit apartment building at 501 N. 22nd Street is indeed for sale. The client, Dalian Development, does not wish to divulge the asking price, Miller said.
CoStar estimates that the property could go for as much as $180 million.
A representative for Dalian Development said there was no comment at this time.
Dalian on the Park was built by Dalian Development and is part of the recently opened $170 million mixed-use development Rodin Square. The apartments sit on top of Whole Foods and features luxury amenities like an infinity pool and lounge area, with views of the Benjamin Franklin Parkway.
The building is currently 30 percent leased, according to CoStar. The price range for the studios, 1-, and 2-bedroom units range from $1,899 to $7,250.
- Dalian on the Park goes on the market [CoStar News]
- Rodin Square by Benjamin Franklin Parkway is officially open for business [Curbed Philly]
- Here’s a sneak peek of the Dalian on the Park apartments at Rodin Square [Curbed Philly]
- New Dalian on the Park renderings reveal sleek interiors, rooftop pool, and more [Curbed Philly]