ASAP member BridgeStreet Global Hospitality has announced a new management agreement with Alterra Property Group to take on The Arch in Philadelphia, with 111 studios, 1- and 2-bedroom apartments in a central location with intelligent floor plans, lifestyle-centered amenities and views of the city.

The building, which was added to the National Register of Historic Places in 1984, will become part of the Living by BridgeStreet brand.

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