Kathy Hochul Pledges to Support Real Estate at REBNY Gala
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Covenant House, by FXCollaborative
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Brandywine announced Thursday it is partnering with a global institutional investor to fund the $287 million tower, which will be built at 3025 JFK Boulevard. The investor s identity was not disclosed.
A second tower, the East Tower, is on the horizon too. The two towers will be linked by Highline park.
The West Tower was designed by the Practice for Architecture and Urbanism, HDR and a team of engineering firms. Health and wellness, technology acceleration and integrated work and life experiences were incorporated into the overall design, according to Brandywine.
Gotham Organization, a New York City-based developer, is assisting with the residential components. This project will be Gotham’s first Philadelphia-based project.
Bryan Kelly, president of development at Gotham, filed the permit application. The development firm, founded in 1913 by carpenter Nathan Picket, is led by his grandson Joel Picket and Joel’s son David Picket.
Amenities in the Far West Side building would include a pet spa, bike room, Amazon package storage and a terrace on the 45th floor. Handel Architects is the architect of record.
The nonprofit Covenant House, which serves homeless youth, owns 538 Tenth Avenue and the adjoining 554 Tenth Avenue. Gotham entered into contract in 2019 to buy the former for $78 million. At the time, Gotham agreed to build a new facility for Covenant House as part of the deal.