Domus
Domus
A Penn ground lease facility. There are 290 market based, residential apartments with 23,000 square feet of retail space on the ground floor.
Planning Strategy:
As part of the University of Pennsylvania's ongoing commitment to bringing vibrant real estate development to University City, and providing off campus residential options for faculty, students and staff, Penn purchased a surface parking lot from the Philadelphia Redevelopment Authority under the agreement that it would be converted into a mixed-use development including residential and street level retail. Penn's real estate strategy is to attract outside investment from the private development market. Penn leased the land to The Hanover Company, a Houston-based developer, for 65 years.
Program:
Domus is an eight-story luxury apartment complex with 290 apartments, 23,000 square feet of commercial space, and a 6 story parking garage. Amenities include a heated outdoor pool, private screening room, WiFi Internet café, and a 24-hour concierge. Apartments units include 10-foot ceilings, gourmet kitchens and walk-in closets. Retail stores are on the street level. In addition, internationally known sculptor Dennis Oppenheim created a significant public art installation “Wave Forms” as part of Philadelphia's One Percent for Art program.
Domus Location
Address
3401 Chestnut Street
Philadelphia PA, 19104
Domus
Building Code:
7067
Phase:
Completed
Total Project Cost:
$73,500,000
Year Built:
2007
Floors:
8
External Links:
A Penn ground lease facility. There are 290 market based, residential apartments with 23,000 square feet of retail space on the ground floor.