A historic gem on North Broad Street in Philadelphia may finally go from the desolate haunt of vandals to an inviting array of apartments. A new developer now owns the iconic Divine Lorraine Hotel, which sits at the intersection of Broad Street and Fairmount Avenue.

The Divine Lorraine’s plum location — between City Hall and Temple University — means its transformation from a hulking canvas of graffiti could spur development in the surrounding neighborhood.

Alan Greenberger, the city’s deputy mayor for economic development, said he’s excited about the Divine Lorraine’s future.

(via Philly officials hopeful about future of blighted Divine Lorraine — NewsWorks)