The Pyramid Lofts are located at 3101 W. Glennwood Avenue in the Brewerytown neighborhood. Originally constructed in 1922, the building served as a warehouse for Harry C. Kahn & Sons furniture retailer. After Harry C. Kahn & Sons closed in 1961, the Pryamid Electric Supply Company purchased the building and occupied it until 2000. From 2000 to 2015, the Pyramid Building sat vacant and became a blank canvas for both local and national graffiti artists. In June 2016, MMPartners acquired the Pyramid Building, utilizing federal and state historic tax credits, as well as senior construction financing from Citizens Bank CRA group. The Pyramid Lofts is being redeveloped into 50 residential units with 5,000 SF of commercial space, 31 gated parking spaces and indoor/outdoor common area amenities.
Pyramid Lofts are design-driven loft style apartments with exposed concrete floors, ductwork, conduit and columns. Large windows, high ceilings and open floor plans will provide sweeping views of Fairmount Park and the Center City Philadelphia skyline.
COMPLETION: Summer 2017 (scheduled)
RESIDENTIAL: 50 Units
RETAIL: 5,000 SF
PARKING: 31 Spaces
PROJECTED REFINANCE YEAR: 2017
ANTICIPATED COMPLETION: Summer 2017 RESIDENTIAL: 50 Lofts
AMENITIES: 24/7 Fitness Facility, Package Concierge, Bike Storage, Private Parking, Private Storage Lockers