After 40 years of abandonment, the return of the iconic Beury building on North Broad is official—now it needs people to fill its space.
Developer Shift Capital has announced that it is actively looking for tenants to lease more than 11,000-square-feet of space in the Art Deco behemoth on North Broad and Erie Avenue.
It’s the latest development for the much-anticipated rebirth of the Beury building, which dates back to 1926 when it served as the headquarters for the National Bank of North Philadelphia. The 14-story structure was designed by William Harold Lee and was considered an Art Deco masterpiece.
But like many other North Broad buildings, the Beury’s state has declined significantly since it was abandoned, left to the same graffiti-laden fate as the Divine Lorraine. Shift Capital’s plans hope to revive the building, and call for 62 one-bedroom units and commercial space built out during the first phase.
The second phase includes the construction of an annex, which will add 10,000 square feet of retail, 100,000 square feet of commercial space, and up to 80 residential units.
Construction on the first phase of the project is expected to begin at the end of 2017 and be ready for occupancy in spring 2019.
There are multiple spaces available for lease on the first, second, and 11th floors. Here are some floor plans and renderings that Shift Capital shared with Curbed Philly. The floor plan reveals that there will be an outdoor terrace on the 11th floor.