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The National is named for the National Products Company/National Restaurant Supply Company that once stood on the site of this development (and a new rental portion arriving in 2017). This large complex with three condo buildings (113 N. Bread, 112 N. 2nd and 130 N. 2nd) and a series of townhouses (N. Bread) is one of the few gated communities in Center City Philadelphia. Built by K. Hovnanian in 2008, a builder more associated with suburban home construction, The National has underground parking with a space or spaces deeded to condo owners, though not every unit has a spot. There is direct elevator access to the parking garage from the buildings. The community has a campus-like feel with some outdoor seating areas and courtyards. There is no pool or fitness center at The National, though residents may opt to join a gym that is contained with the community in the building located at 113 N. Bread Street.
The National offers a wide range of floor plans with mostly two and three bedrooms and two full baths. The interiors are finished with some industrial-style elements, including exposed concrete and ductwork. Some buyers rolled with that loft feeling, and others had extra finish work done to their units to create bedroom walls that reach ceilings and special paint on the exposed ductwork and pipes to make it a little softer. Windows are big and many units have dynamite city skyline or Delaware River views. Some units also have small balconies – large enough for a cafe table for two.
Most units have wood floors, kitchens with granite countertops, stainless-steel appliances and breakfast bars. Baths with neutral tile appear to be holding up well almost 10 years on. In keeping with the loft style, main living spaces are open and airy. The townhouses have finishes similar to the condos. There are some very large penthouse condominiums at The National. They are 2000+/- square feet. None of this size have sold since 2014, but at that time this condo sold for $870,000.