It looks like something will finally come of the blighted Independence Press Building in the Loft District. The former printing factory located at 525 N. 11th St. was sold to P.A. Ridge Associates for $5 million last Wednesday as a “shovel-ready project” from Kislak Company, Inc. The 156,000-square-foot, nine-story building has long been approved for 92 loft-style luxury residential units, and according to a press release, the new owner will forge ahead with the residential project
Source: Abandoned Independence Press Building Sells for $5M – sold stuff – Curbed Philly