Landmark Properties plans 28-story apartment tower next to Temple campus
Plans for a 28-story, 289-unit mixed-use tower next to Temple University’s campus are moving forward as developer Landmark Properties has submitted a proposal to the city for review, joining other projects being pitched in the area.
Temple University owns the land and plans to lease it to Athens, Georgia-based Landmark to develop the property at 1518-28 N. Broad St. on the southwest corner of North Broad and West Oxford streets. The site includes undeveloped land and a closed Rite Aid.
The property faces The Shops at Avenue North and a surface parking lot where Bart Blatstein’s Tower Investments is proposing a 15-story, 245-unit apartment building.
Landmark’s proposal, named Legacy on Broad, would total 868 beds between 142 multifamily units and 147 group living units. The project calls for 21,079 square feet of commercial space, 6,000 square feet of public outdoor space and an underground parking garage with 78 spots.
Legacy on Broad is expected to be completed by fall 2026, Temple Chief Operating Officer Ken Kaiser told the Business Journal in June. The new building would be market-rate housing and not Temple-affiliated under the partnership, Kaiser said.
“We get a needed service to the university community without us having to impact our balance sheet,” Kaiser said in June. “We get a revenue stream from it, and it lets students move onto Broad Street.”
A rendering facing northwest shows Landmark Properties’ proposed 28-story building at 1528 N. Broad St. near Temple University’s campus.
Landmark is planning for the building to include a fitness center, bicycle storage, study rooms, lounge spaces and a roof deck with a pool. Cube3 is the project’s architect.
About three blocks north, Temple is also proposing a 195,000-square-foot academic building at 1830 N. Broad St. for the Klein College of Media and Communications and the Center for Performing and Cinematic Arts as the university aims to increase its presence on Broad Street.
The site of the 28-story tower is diagonally across from Morgan Hall, a 33-story, 1,275-bed building that sits on the northeast corner of the same intersection.
Landmark developed The Standard, an 18-story, 280-unit student housing tower at 3404 Sansom St. near University of Pennsylvania and Drexel University campuses. Also in University City, at 3615 Chestnut St., Landmark is developing The Mark, a 34-story, 363-unit, 909-bed tower expected to open in 2026.
The 28-story tower proposal is on the city’s Civic Design Review Committee Oct. 3 agenda.
