By the end of this year, a small side street in Graduate Hospital will look mighty different, with a new condo project currently under construction to replace a series of two-story rowhomes.
Ravello Philly is the latest Graduate Hospital project of developers Noah Ostroff, Michael Murray, and Harvey Ostroff. It will bring 15 luxury condos to the tiny side street of 1430-38 Clymer Street, which is just a block from Broad Street. Six rowhomes were razed to make way for the development.
“This was a unique opportunity for us to buy up most of the block in one of the hottest neighborhoods in Philadelphia,” Ostroff said in an e-mail to Curbed Philly.
Ostroff’s team is also behind the ongoing project at nearby 17th and Bainbridge, which will bring 16 condos to the former site of New Light Beulah Baptist Church.
The development will include five three-unit buildings with dark brick facades in front and aluminum paneling in the back. In total, there will be 10 three-bedroom, bi-level units clocking in at about 1,800 square feet. There will be another five one-bedroom units about half that size. Each unit will have outdoor space, too.
Expect finishes and features like Nest thermostats, hardwood floors, Shaker cabinetry, and big soaking tubs.
Ostroff says the asking prices are still being finalized, but project should be finished by the end of the year. Stay tuned.
- Ravello Philly [Official]