Monday, February 13, 2012

Divine Lorraine: Is this Eye-Sore Going to Be Bought?

As mentioned in earlier posts, change is coming fast to the blocks around Broad Street and Ridge Avenue in Philadelphia, PA. Some Real Estate Developments are:
  • North Broad St will be updated with new lights and landscape
  • The conversion of a state office building into 204 apartments
  • Pennsylvania Ballet project
  • Mixed-Use and Retail
And then there’s the Divine Lorraine Hotel, the 10-story, graffiti-covered building that has been an empty eyesore since 1999. A Philadelphia Developer has an option to buy the building but this is the fourth time in recent years that someone has wanted to take over the building. Well keep you updated on this story.

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