 The Murano was announced in 2005 when Philadelphia , Pennsylvania was experiencing a condominium boom that had begun in the late 1990s ; between 1998 and 2004 more than 70 Center City office and manufacturing buildings had been converted into rental and condominium apartments . The project was jointly developed by Thomas Properties Group of Los Angeles and P & A Associates of Philadelphia . The planned site of the Murano was on West Market Street in Center City , an area which had not had any residential development until 2002 when 2121 Market Street was converted into apartments . Construction began around the end of 2005 . 
