Philadelphia developer Post Brothers has landed $170 million in financing for the second phase of the Piazza Alta, its Northern Liberties apartment project, writes Paul Schwedelson for the Philadelphia Business Journal.
The loan was originated by Affinius Capital, based in San Antonio, Texas.
The next phase of the project will include 431 units across two buildings, one eight-story and one sixteen-story. It will add 695 units to the development, bringing the total at the Piazza Alta to 1,126 apartments. Both buildings, which are expected to be completed by the end of 2027, will be constructed on top of the podiums that are already in place.
The project will include studios, one-bedroom, two-bedroom, and three-bedroom apartments, along with amenities such as a rooftop lap pool and lounge pool, grilling stations, fire pits, a fitness center, saunas, steam rooms, as well as a coworking space. Bicycle storage will also be available.
The Piazza Alta sits east of the intersection of North 2nd Street and Germantown Avenue, adjacent to the original Piazza apartment development.
The two-year-old Piazza Alta has seen strong demand and was 97 percent leased as of June.
Read more about the Piazza Alta and the new forthcoming expansion in the Philadelphia Business Journal.
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Editor’s Note: This post was originally published on PHILADELPHIA.Today in October 2025.
