PHILADELPHIA | 418 Spring Garden Street | 151 FT | 12 FLOORS

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Title: 418 Spring Garden Street
Project: Residential/Ground floor retail
Architect: SCB
Developer: Southern Land Co.
Location: 418 E Spring Garden Street, Philadelphia, PA
District: Center City
Neighborhood: SoNo (Southern Northern Liberties)
Floors: 12 Floors
Height: 151 Feet




12-story, 329-Unit Building Planned at 5th and Spring Garden

The stretch of Spring Garden Street on the south side of Northern Liberties is receiving a massive amount of attention from the development community. We recently told you about a 14-story, 355-unit building that is being planned at the corner of 2nd and Spring Garden. Back in February of 2020, we also told you about a 12-story, 382-unit plan on the northwest corner of 5th and Spring Garden. Ground should be broken on that project, which will include an Amazon grocery store, within the next few months.
Let’s add the southeast corner of 5th and Spring Garden to the mix. Southern Land Company, the developer behind The Laurel condo tower that is under construction on Rittenhouse Square and the 298-unit tower plan at 1620 Sansom Street, is planning a 12-story, 137 foot tall building with 329 residential units, 87 car parking spaces, 111 bicycle stalls, and roughly 15,000 square feet of commercial space at 418 Spring Garden Street.

The 66,498 square foot, CMX-3 zoned site, which sits within the East Callowhill Overlay District, currently holds a low-rise structure that is the home of Northeast Treatment Centers and a surface parking lot. The development team is using commercial space and stormwater management bonuses in order to attain additional height above the 65 foot limit.

http://www.rising.realestate/12-story-329-unit-building-planned-at-5th-and-spring-garden/