More Luxury Condos Planned for Penn Ave.

Further proof of the city's luxury condominium boom is on its way to Penn Avenue.

Suburban Philadelphia-based developer Solara Ventures on Tuesday told the city Planning Commission of plans for a $5 million to $6 million renovation of the former Pittsburgh Dry Goods Co. building at 941 Penn Ave.

By November 2007, Solara President Jack Benoff said, he hopes people will be moving into 17 luxury condos that will be 1,500 to 3,000 square feet and sell for $335,000 to $700,000 each.

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