An 18-story high-rise on North Broad, that’s nearing completion, will provide off-campus housing to Temple University students.
The $75 million, all-glass development, called “The Nest,” sits at 1324 North Broad Street, and just started leasing in August, according to a statement from Bock Development Group, which is handling the project. It will bring retail to the first floor, along with 192 housing units on the upper floors that can accommodate over 500 students.
The apartments will range from studios, which cost $1,300 a month, to three-bed places, which cost nearly $1,000 per student a month. They’ll also all come with their own washer and dryer, full furnishing, and 65-inch TVs. The second floor will have amenities including a fitness center, lounges, and a terrace.
It’s expected to open in August—in preparation for the 2019 school year—but The Nest has been in the works for several years. The Civic Design Review (CDR) approved the initial Cecil Baker-designed plans for the space in 2016. A few modifications were made on the space, and the tower broke ground in 2017, though it wasn’t clear at the time that the high-rise would be designed to house off-campus students.
Currently, the infrastructure of the development is in place, and the amenities are finalized. The development group expects to finish the 6th floor by December.