MIAMI—Post Brothers Apartments is currently working on four multifamily adaptive reuse projects. One of them Goldtex, is nearly complete.
Goldtex is a 163-unit, $40 million project in Philadelphia. The multifamily community, which is currently in the lease up phase, is notable because it was a major eyesore and is now a true trophy asset. Indeed, Goldtex is achieving rents at the top end of Philadelphia's multifamily market despite being in a pioneering location.
GlobeSt.com caught up with Matt Pestronk, president of Post, to discuss adaptive reuse development challenges in general—and how his firm specifically tackled the Goldtex project. Click here to read part one of this exclusive interview.
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