Restoration Plans for Naval Home Advance
A committee of the Philadelphia Historical Commission recommended general approval of the Toll Bros.' overall development plan for the historic Philadelphia Naval Home, opening the way for construction of nearly 300 new luxury apartments. Toll Bros. is one of the nation's largest developers of suburban housing.
The Naval Home, a local and national historic landmark, was the original site of the U.S. Navy Academy in the 1830s and subsequently served as a naval retirement home until closing in 1976. Toll Bros. bought the property outright for $1.2 million in 1988.
Just this past February, the Naval Home was a victim of arson. A portion of the Home¹s Biddle Hall burned, severely damaging most of the roof and attic. (Click here to read more about the fire at the Naval Home).
The recommendation on the site plan now moves to the full Historical Commission for final disposition. The commission meets Friday, August 8th.
Click here to read the entire Philadelphia Inquirer article: "Development at Naval Home site is granted preliminary approval."