Pearl Properties announced its opening of The Terrace on 18th starting this June at the site formerly occupied by the Hilton Embassy Suites Hotel. This unique building and iconic location fittingly features the historic 1776 Benjamin Franklin Parkway address. Pearl, the Center City-based real estate investment and development firm, known for several best in class apartment projects such as The Harper, The Beacon, The Sansom and The Granary, is converting the former hotel into 288 distinctive one-bedroom suite residences with spectacular views, private balconies, functional floor plans, brand new kitchens, on-site valet parking, 24/7 front door concierge service and a 12,500 square foot amenity package. Complementing the new apartments, The Terrace on 18th will also feature the first-ever Center City flagship location for Victory Brewing Company offering a bi-level brewery and taproom with outdoor seating and a rooftop patio.