another one

https://www.inquirer.com/real-estate...-20200130.html

"Apartment complex plan at Fairmount Ave. near Delaware River will preserve historic rowhouses"

https://live.staticflickr.com/65535/...c9ceb137_b.jpg700 N Delaware Avenue 1-30-20

https://www.inquirer.com/real-estate...zFW4FJx-j33oZs

Thank goodness! For as much as homes of the same era are scattered around Old City, Society Hill, and Queen Village, there is just something so authentic about this totally intact row of identical homes.

If I were to make a largely uninformed guess, I'd say it has something to do with potential flooding and insurance.

Lovely addition to the city and Del Ave. More of this, please!

New ‘co-living’ apartment building to rise on parking lot along Rail Park north of Center City

https://www.inquirer.com/resizer/Ba3...XFPIRMX4JM.jpg

Read more here:
https://www.inquirer.com/real-estate...-20200130.html

It's possible they crunched the numbers, and just can't make retail work right now based on average rent for retail in the area.

One Water Street built by PMC a few years ago now did they same thing. First floor parking that they said can be converted to retail in the future if demand calls for it.

Looks like they're doing a similar thing here. First floor parking that can easily be converted to retail in the future.

I'm OK with it.

For real, who does this cater to? Who would voluntarily live in what is essentially a dormitory?

Looks like University Place 3.0 is going to break ground soon.

https://www.bizjournals.com/philadel...h-profile.html

This is interesting and will undoubtedly lead to more regulation which is likely to anger local developers building rowhomes or small condo buildings

https://whyy.org/articles/rotting-fr...tive-building/

Unfortunately, quality isn’t a standard with some developers. Maybe if the city required a 2-3 year warranty on their work (as differing from the standard 1 year), it would encourage better practices?

20-something road warriors? Really depends on how cheap/expensive it is and what other amenities you might get with it - is there a gym you can use, etc.

To me this model seems to make sense if you can put these units in highly desirable locations - where you sacrifice some personal space but you gain an awesome location that you otherwise simply couldn't afford. Like off Rittenhouse Square or Central Park.

I will also add that when I was in my 20s - a lot of my friends in NYC lived in shared Brownstones in Brooklyn. 5 people, 5brs, sharing the house with random roommates that came and went. Often times these rooms were found on Craigslist, etc.- good way to meet some people in a new city. I mean, is this model really that different from that?

People right out of college who can’t afford it and don’t want to live with their parents til they’re 30. That being said I would hate it ha

The concept is something I can understand, it's the location that doesn't make much sense to me. I would even understand this popping up in NoLibs/Fishtown, this area (while rapidly improving) is still sort of a dead zone. Hopefully they're cheap!

When the inquirer did the special report on suburban home defects they said State law is very friendly to home builders and gives them a lot of cover to escape liability for shoddy product.

Fishtown has one on Girard.

That’s unfortunate.

^^
I remember reading about this. This is just horrible.

https://www.inquirer.com/real-estate...-20181115.html

Some of these new houses are absolute trash. These mcmansions in many neighborhoods are already being divided up into off campus student housing

Hotel to fill in gap on west Market Street between Aramark HQ and planned Morgan Lewis law firm tower

https://www.inquirer.com/real-estate...-20200204.html