NOBLE SQUARE — The new owners of a building that has long been home to Soapy's Laundromat have received a permit to demolish the one-story structure along Ashland Avenue and aim to replace it with condos.
The city granted a demolition permit on Monday to Global REI Series LLC, headed by Alexsandra Dubovik and AP Funding, Inc, headed by Alex Loyfman, state records show.
Dubovik is a co-owner of DB Homes, a prolific local development company that recently built luxury homes on the northeast corner of Haddon and Leavitt streets, after demolishing Ukrainian Village's New Hope Bible Church.
The three-bedroom, two bath condos that will replace Soapy's are listed for sale on the DB Homes website, asking between $600,000 and $700,000. It is unclear yet how many condos will be in the four-story building anchored by retail; Dubovik was not immediately available to discuss the project early Wednesday.
Soapy's opened in 1988 and was first scheduled to close in early 2015 but stayed open much longer.
Check out a rendering, below.
Condos planned for 1429 N. Ashland Ave. [DB Homes]
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