A permit was just filed for the (former?) Math Civics and Science Charter at Broad and Buttonwood (447 N Broad). Despite closing, the permit is for academic usd and seemingly pulled from another non profit the previous school's founder had also started (that doesnt seem to be active)
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The applicant is proposing to construct a new 20,138 SF building addition to an existing educational facility. The interior of the existing building is to be retrofit to meet the needs of the educational facility. Off-street parking, sidewalk/curb replacement and landscaping is proposed as part of the project.
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From a quick look this would be about the sqftage of a one story addition on the rear converted former industrial building
Also good news regarding Center City vacancy rates. Hopefully a project or two will rise from the dead:
https://www.bizjournals.com/philadelphia...partment-vacancy-demand-multifamily.html
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Alterra Property Group's 17 Market West apartment building reached 90% occupancy in less than one year.
Center City's apartment vacancy dropped to 7.4%, down from 12.4% in 2020.
Office-to-residential conversions will dominate Center City development as ground-up construction remains limited.
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Center City’s apartment vacancy, which peaked at 12.4% in 2020, is now down to 7.4%. That’s on track with the metro area’s 7.2% vacancy and below the national average of 8.6%, according to CoStar data.
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