PHILADELPHIA | Lowrise/General Developments Thread

[hammersklavier]

Originally Posted by summersm343

Permits Issued For Renovation Of Eight-Story Prewar Building At 5627-33 Germantown Avenue In Germantown







Read/view more here:
https://phillyyimby.com/2021/12/permits-issued-for-5627-33-germantown-avenue-in-germantown.html

Fun fact: This building used to be a department store (Rawell's or something like that, I vaguely recall). In fact, at one time there were four department stores on Chelten Avenue. It was a secondary commercial center on par with 69th Street in Upper Darby.

[PHLtoNYC]

Originally Posted by summersm343

2021 in Review: Center City retail struggles

Article behind paywall here:
https://www.bizjournals.com/philadelphia...w-high-street-corridors-continue-to.html

A shame, but I am confident a turn around will come! It is clear retailers are still opening (see KoP and Ardmore), but RittRow, landlords, leaders, etc. need a better vision of luring retailers into Center City, and hopefully rents are coming into check (that is also needed). Dr. Martens re-opening was a good early sign, now waiting on Zara!

Any word on when the next phase on Market East District will happen? The 1000 Block (South side) of Market needs to go, it would be great to see a extension of the 1100 Block.

[skyhigh07]

Originally Posted by PHLtoNYC

A shame, but I am confident a turn around will come! It is clear retailers are still opening (see KoP and Ardmore), but RittRow, landlords, leaders, etc. need a better vision of luring retailers into Center City, and hopefully rents are coming into check (that is also needed). Dr. Martens re-opening was a good early sign, now waiting on Zara!

Any word on when the next phase on Market East District will happen? The 1000 Block (South side) of Market needs to go, it would be great to see a extension of the 1100 Block.

Is there talk that Zara is looking to reopen?

[summersm343]

Originally Posted by skyhigh07

Is there talk that Zara is looking to reopen?

There were rumors that Zara was looking to reopen in the Fashion District. No idea if that’s still the case or not.

[Jayfar]

Originally Posted by hammersklavier

Fun fact: This building used to be a department store (Rawell's or something like that, I vaguely recall). In fact, at one time there were four department stores on Chelten Avenue. It was a secondary commercial center on par with 69th Street in Upper Darby.

Rowell.

Added to the Philadelphia Register of Historic Places last year.
Nomination: https://www.phila.gov/media/20200220105223/5627-33-Germantown-Ave-nomination.pdf

[iheartphilly]

Good marketing stuff for Philly:

https://www.thebellwetherdistrict.com

[summersm343]

Permits Issued For 20-Unit Building At 3611 Haverford Avenue In Mantua

Current site:

Permits have been issued for the construction of a three-story, 20-unit residential building at 3611 Haverford Avenue in Mantua, West Philadelphia. The building is proposed at a vacant lot on the north side of the block between North 36th and North 37th streets. The development will span 15,800 square feet of interior space (lending an average of just under 800 square feet per unit) and will feature full sprinkling. Permits list the Philadelphia Redevelopment Authority as the owner, Joseph W. Healy, RA as the design professional, and Buckley Futures LLC as the contractor. Construction costs are specified at $2.5 million.

Read/view more here:
https://phillyyimby.com/2022/01/permits-...-avenue-in-mantua-west-philadelphia.html

[summersm343]

Permits Issued For 30-Unit Building At 892 North 41st Street In Belmont

Current site:

Permits have been issued for the construction of a five-story, 30-unit residential building at 892 North 41st Street in Belmont, West Philadelphia. The development is proposed on the west side of the block between Ogden Street and Westminster Avenue and will apparently replace a vacant lot just off Westminster. The development will rise from a 5,347-square-foot footprint and will contain 29,598 square feet of interior space, lending an average of just under 1,000 square feet per unit. Project features include full sprinkling and a roof deck, which, given the building’s future prominence, promises to offer sweeping skyline views. Permits list Cory A. Schmitt as the owner and Eugene Naydovich of Fitler Development as the contractor. Construction costs are specified at $200,000, an oddly modest sum for this relatively large building.

Read/view more here:
https://phillyyimby.com/2022/01/permits-...street-in-belmont-west-philadelphia.html

[summersm343]

Permits Issued For 86-Unit Building At 448-56 Rhawn Street In Fox Chase

Current site:


Rendering:


Read/view more here:
https://phillyyimby.com/2022/01/permits-...in-fox-chase-northeast-philadelphia.html

[summersm343]

Permits Issued For 11-Story Tower At 4400-14 Market Street

Current site:

Permits have been issued for the construction of a large mixed-use building at 4400-14 Market Street in Spruce Hill, West Philadelphia. The new building will rise 11 stories tall, a considerable height for the area. The development will contain commercial space on the ground floor along Market Street, with 100 apartments above. In total, the structure will hold 103,175 square feet of space. Construction costs are estimated at $17 million.

Read/view more here:
https://phillyyimby.com/2022/01/permits-...et-in-spruce-hill-west-philadelphia.html

[summersm343]

Permits Issued For 2401 North 2nd Street In West Kensington

Permits have been issued for the construction of a new multi-family building located at 2401 North 2nd Street in West Kensington. Designed by T + Associates Architects, the new building will rise six stories tall and will include 102 and a parking garage for residents, a roof deck, and a green roof. The structure, which will span a total of 101,020 square feet. Permits list construction costs at $8.35 million.

Current site:


Rendering:


Rendering:


Aerial rendering:


Read/view more here:
https://phillyyimby.com/2022/01/permits-...in-norris-square-north-philadelphia.html

[PHLtoNYC]

Originally Posted by summersm343

There were rumors that Zara was looking to reopen in the Fashion District. No idea if that’s still the case or not.

I heard Barbour on Walnut Street is closing.

And there are "for lease" signs at Free People, Swarovski, and Shakespeare Book Co. Odd to see since they are all active retails fronts. Any info on that? Figured you might know.

And I heard Williams Sonoma is looking pretty bare (merchandise), hopefully not closing due to the hotel renovations? I doubt they would relocate.

Poor Walnut Street

[mcgrath618]

It's not for lack of foot traffic. Whenever I was in the area this past month it was packed.

[PHLJD13]

After several years of inactive vacancy, I noticed 1709 Benjamin Franklin Parkway (the old United Way building) is having its interior gutted while walking by recently. I recall that property was being marketed several years ago with proposed mock-ups of its exterior re-skinned.

Does anyone know what, if anything, may be going on over there?

[iheartphilly]

^
Pearl Properties bought it and converting it to apartments with ground floor retail, me thinks.

[summersm343]

Originally Posted by PHLtoNYC

I heard Barbour on Walnut Street is closing.

And there are "for lease" signs at Free People, Swarovski, and Shakespeare Book Co. Odd to see since they are all active retails fronts. Any info on that? Figured you might know.

And I heard Williams Sonoma is looking pretty bare (merchandise), hopefully not closing due to the hotel renovations? I doubt they would relocate.

Poor Walnut Street

No clue. I would be surprised if Barbour closed, seems like a good tenant that should be on Walnut Street, but then again, who knows. Plenty of retailers that would be a good fit for the city aren't on Walnut Street for whatever reason.

The for lease signs - are they for the building or the specific space? Shakespeare Book Co. literally just opened lol. Can't imagine that's struggling. Swarovski not sure - but wouldn't be surprised to see them move to elsewhere on Walnut. Free People though? They're a part of Urban Outfitters and Anthropologie which is headquartered in Philadelphia. Can't imagine it closes - maybe moves?

Williams Sonoma - same thing. Can't imagine they close for good. Maybe they're moving?

All in all though - no clue! Overall... I agree. Poor Walnut. It got hit hard.

[summersm343]

Permits Issued For 128-Unit Building At 4240 Chestnut Street

Current site:


Rendering:


Aerial rendering:


Read/view more here:
https://phillyyimby.com/2022/01/permits-...et-in-spruce-hill-west-philadelphia.html

[Jayfar]

Originally Posted by summersm343

No clue. I would be surprised if Barbour closed, seems like a good tenant that should be on Walnut Street, but then again, who knows. Plenty of retailers that would be a good fit for the city aren't on Walnut Street for whatever reason.

The for lease signs - are they for the building or the specific space? Shakespeare Book Co. literally just opened lol. Can't imagine that's struggling. Swarovski not sure - but wouldn't be surprised to see them move to elsewhere on Walnut. Free People though? They're a part of Urban Outfitters and Anthropologie which is headquartered in Philadelphia. Can't imagine it closes - maybe moves?

Williams Sonoma - same thing. Can't imagine they close for good. Maybe they're moving?

All in all though - no clue! Overall... I agree. Poor Walnut. It got hit hard.

The only one I can easily confirm via google is Free People 1625 Walnut St https://hellomsc.com/?post_type=property_listings&s=1625+Walnut+St

Someone go take a look and see who the broker is for the lease signs on the others: Swarovski 1421 Walnut St and Shakespeare Book Co 1632 Walnut St.

Williams Sonoma I could see leaving, based on the recent sale of the Bellevue itself to Lubert-Adler, with the new owner planning to completely revamp.

[Aaamazarite]

Originally Posted by PHLJD13

After several years of inactive vacancy, I noticed 1709 Benjamin Franklin Parkway (the old United Way building) is having its interior gutted while walking by recently. I recall that property was being marketed several years ago with proposed mock-ups of its exterior re-skinned.

Does anyone know what, if anything, may be going on over there?

PET Charter School is moving in

http://www.petchs.org/families/we_are_on_the_move

[PHLtoNYC]

Originally Posted by summersm343

No clue. I would be surprised if Barbour closed, seems like a good tenant that should be on Walnut Street, but then again, who knows. Plenty of retailers that would be a good fit for the city aren't on Walnut Street for whatever reason.

The for lease signs - are they for the building or the specific space? Shakespeare Book Co. literally just opened lol. Can't imagine that's struggling. Swarovski not sure - but wouldn't be surprised to see them move to elsewhere on Walnut. Free People though? They're a part of Urban Outfitters and Anthropologie which is headquartered in Philadelphia. Can't imagine it closes - maybe moves?

Williams Sonoma - same thing. Can't imagine they close for good. Maybe they're moving?

All in all though - no clue! Overall... I agree. Poor Walnut. It got hit hard.

Barbour is closing. The signs went up today.

And below is the lease information for Free People and Shakespeare, advertising the retail spaces.

I guess time will tell for all of them (except Barbour).

https://s3.amazonaws.com/mscretail.com/content/uploads/2021/11/1625-Walnut-Brochure_sm-1-1.pdf

https://allandomb.com/homes-for-sale-det...T-PHILADELPHIA-PA-19103/PAPH2045202/530/