A 30-story mixed-use apartment building is the latest project in a wave of new development along North Broad Street.

The tower, dubbed “Mural West,” is planned for 523 North Broad Street, which is now a parking lot. It will have ground-floor retail and 290 residential units on the upper stories. Also included on the lot is a separate, one-story restaurant and 24 on-site parking spaces.

Mural West sits just next to Meg Saligman’s popular 1999 mural “Common Threads,” which provides inspiration for the new development, according to plans posted on the Civic Design Review (CDR) site last week. A diagonal open space called “common ground” runs between the tower and the restaurant, and below the mural.

“The project siting preserves the mural, while the park enhances the viewer experience by providing a quiet respite from the urban neighborhood with trees, seating, and information about the mural and its creation,” developers said in the plans.

It’s being designed by AOS Architects and developed by EBRM, the group behind the Divine Lorraine hotel.

The project is the latest in a recent boom of development along North Broad. In 2017 the Divine Lorraine was restored, followed over a year later by the Met Philly. A new development “The Nest” geared toward Temple University students opened last year, while another new, 14-story project behind the Divine Lorraine broke ground. The office of Licenses and Inspections, in direct response to a development boom around the North Central portion of Broad Street, even opened up new offices on 1514 Cecil B. Moore Avenue last year.

This latest project is still in the early stages. It’s scheduled to go in front of the CDR for feedback on design tomorrow.