PHILADELPHIA | Lowrise/General Developments Thread

[Busy Bee]

Originally Posted by summersm343

Permits Issued For The Beverly At 1102 Germantown Avenue In Northern Liberties

Oh yeah...this looks really good.

[Urbanthusiat]

Originally Posted by summersm343

Permits Issued For The Beverly At 1102 Germantown Avenue In Northern Liberties

This part of Northern Liberties has an insane number of units set to be built over the next 2-3 years. It's going to feel dramatically different. Really hoping to see more improvements along Girard Ave - it feels very underutilized for being between the two hottest neighborhoods in the city for new development.

[Larry King]

Originally Posted by 3rd&Brown

Got it.

Very similar. Must be same developer?

That means we're going to have 3 contiguous blocks of basically the same blue paneled building?

I'm not mad about it given how difficult these sites are, but in all seriousness. Where are these people coming from?

Yeah they built the project on the other side of the railroad on Lehigh and sold it out, people want new construction at a lower price than Fishtown while still being close to Fishtown. Will do wonders for that area.

[Urbanthusiat]

Seems to be a ton of life sciences activity going on these days, a lot of money is pouring into this sector.

Gene therapy developer with U.S. operations in King of Prussia raises $148M in VC funding

Lava Therapeutics, which has its U.S. subsidiary in Philadelphia, goes public with $100M IPO

Verrica, Windtree complete $30M public stock offerings

Strella Biotechnology, whose backers include Mark Cuban, expands its presence at Pennovation Works

Brandywine, Pa. Biotech Center detail plans for life sciences incubator at Cira Centre

[summersm343]

^^Superb to see.

[summersm343]

Plans for 535-Unit Kensington Junkyard Redevelopment Released

2200 E Somerset Street on the fringes of Port Richmond








Read/view more here:
http://www.rising.realestate/plans-for-535-unit-kensington-junkyard-redevelopment-released/

[Jayfar]

Originally Posted by sirexcaliber

Does anyone know the status of the blue Horizon project. is it on hold, dead or what.

Former Philadelphia boxing venue owner hopes history can be preserved | 6ABC

--quote--
[Former co-owner Veronica] Michael says The Blue is now for sale and its future up in the air. She is hoping its legacy can be preserved.

However, It doesn't appear that 6ABC attempted to independently verify that the Blue Horizon is for sale. A quick perusal of RE listing sites finds the address 1314-16 N. Broad St, but with no indications that it's currently for sale and some explicitly indicating its status as "off market." On the other hand, I don't think there has been any activity on the site since it received a zoning permit for hotel construction behind the existing facade.

Note I double checked and the article is dated Thursday, March 25, 2021, so it doesn't seem to be an out of date news item.

[3rd&Brown]

Originally Posted by Larry King

Yeah they built the project on the other side of the railroad on Lehigh and sold it out, people want new construction at a lower price than Fishtown while still being close to Fishtown. Will do wonders for that area.

Interesting. So they're planned as for sale units?

For sure, if that's the case, it will do an even better job of connecting this area of Port Richmond to both the El and Fishtown.

[ScreamShatter]

That Kensington project t is wild. A decade of go, never would have thought it was possible.

[summersm343]

Demolition Work Nearly Finished At 918 North Delaware Avenue

Rendering:


Current progress:


Current progress:


Read/view more here:
https://phillyyimby.com/2021/03/demoliti...rthern-liberties-north-philadelphia.html

[summersm343]

80-Unit Development Revealed At 801 West Girard Avenue In Ludlow

Aerial rendering:


Rendering:


Read/view more here:
https://phillyyimby.com/2021/03/multifam...avenue-in-ludlow-north-philadelphia.html

[summersm343]

The Clay Studio in Philadelphia Announces Major Expansion Plans and Relocation to South Kensington Neighborhood With New State-of-the-Art Facility

"For more than 40 years, The Clay Studio has been a vital center where emerging artists shape their careers and young minds can shape their imaginations, where skilled crafters shape communities of makers and where handmade works of art quite literally take shape," said Michael Lukasek, chairman, The Clay Studio Board of Directors. "And now, we are shaping a new movement, building upon our rich tradition of service and re-affirming our vision to bring together creativity, community and clay – to 'ClayTogether' – and lead as a 21st-century organization."

The new Clay Studio, located at 1425 North American Street in Kensington, will house the most technologically advanced art-making equipment, larger studio spaces and more income-generating opportunities for the organization. When complete, the studio will serve as a creative space for community members, enhance the cultural landscape of Philadelphia and advance the field of ceramics across the country.

Read/view more here:
https://www.prnewswire.com/news-releases...state-of-the-art-facility-300605442.html

[summersm343]

Life Sciences Buildings to Launch $400M Navy Yard Phase I

Two life sciences buildings will be among the first properties built at the Philadelphia Navy Yard by Ensemble Real Estate Investments and Mosaic Development Partners, in partnership with PIDC, Philadelphia’s public-private economic development corporation, as the team launches the initial phase of a $2.5 billion development plan.

The $400 million first phase will also include significant residential and hospitality initiatives after the completion of the two life sciences buildings. Ensemble/Mosaic plan to bring 3,000 residential units and nearly 3 million square feet of life science manufacturing, R&D, office, hotels, makerspace and retail space when complete.

Read/view more here:
https://www.cpexecutive.com/post/life-sciences-buildings-to-launch-400m-navy-yard-1st-phase/

[TonyTone]

Originally Posted by summersm343

Demolition Work Nearly Finished At 918 North Delaware Avenue

Rendering:


Current progress:


Current progress:


Read/view more here:
https://phillyyimby.com/2021/03/demoliti...rthern-liberties-north-philadelphia.html

Boy oh Boy what a change this project is gonna bring to the strip.

[Jayfar]

Originally Posted by summersm343

The Clay Studio in Philadelphia Announces Major Expansion Plans and Relocation to South Kensington Neighborhood With New State-of-the-Art Facility





Read/view more here:
https://www.prnewswire.com/news-releases...state-of-the-art-facility-300605442.html

Have they started construction? As of last spring it was still a barren dirt lot.

"…scheduled for completion in fall 2020 with a groundbreaking in fall 2018."

EDIT: They did finally begin and are now have a September 2021 target, according to this FB post from January: https://www.facebook.com/theclaystudio.phl/photos/a.189645774539/10159108997624540

[summersm343]

Plans for 97-Unit Fishtown 711 at 23 W. Girard Ave Released

Current site:


Rendering:


Rendering:


Rendering:


Read/view more here:
http://www.rising.realestate/plans-for-97-unit-fishtown-711-project-released/

[PurpleWhiteOut]

I'm glad it's a big project so close to the El, but the aesthetics are disappointing

[TonyTone]

Originally Posted by PurpleWhiteOut

I'm glad it's a big project so close to the El, but the aesthetics are disappointing

I like the black brick on the first level they should add more on the upper floors.

The aesthetics are kinda off I agree, maybe they should change that brown to black or change the materials. its a decent project thought that area can definitely use density.

[summersm343]

Apartment Building Will Fill Long Vacant Lot at 13th & Buttonwood

Current site:

Last week, the owners of the property pulled a zoning permit for a building here, which will include 20 apartments and 6 underground parking spaces. Obviously, a little density makes plenty of sense here, and we wonder whether the “underground” parking spots will actually be underground in a basement or whether they’ll simply be fake underground spaces which are simply below the average grade of the property. Given that this property sits on a pretty steep incline, we suspect that’s what’s happening. Otherwise, it would be a very surprising use of underground parking, given the size of the proposed building.

Read/view more here:
http://www.ocfrealty.com/naked-philly/lo...ill-fill-long-vacant-lot-13th-buttonwood

[PHLtoNYC]

Eek, thoughts... https://whyy.org/articles/philly-council...HIeuq8iIqimO-4xbYVI601Y5u0U6W3zObH8upfI8

"Philly Council passes resolution to give itself more power over development"

(I think this is the best thread to post this, but please move if not).