PHILADELPHIA | Lowrise/General Developments Thread II - Page 184

3rd&Brown · #**3661** Posted **Feb 15, 2024, 11:11 PM**

Quote:

Originally Posted by PurpleWhiteOut

It's a great idea, and would add a lot of health to the neighborhood. In a way, what's old is new again, since in the past many neighborhoods were anchored by a major employer (like factories). I think it would be beneficial to spread some jobs out geographically, especially to neighborhoods that are still easy to reach by transit

This.

What always struck me about NoLibs when I lived there was that there is a surprisingly large day time population in Northern Liberties, because there are a fair number of sizeable employers. The IRS on Spring Garden, Kieran Timberlake on American Street, Lagos Jewelry HQ on 5th Street, and a good number of small/niche manufacturing companies (more like artists who make furniture and that kind of stuff) that still operate in the neighborhood. The residential and commercial components of NoLibs very much sorta mix throughout the neighborhood, particularly up to 4th Street or so, after which it gets much more consistently residential. This would just continue slash compound the impact.

Fishtown is very much just residential once you get off of the 2 main commercial corridors.

BroadandMarket · #**3662** Posted **Feb 16, 2024, 4:34 PM**

"In the same vicinity, Iron Stone is still developing plans for about 600,000 square feet of former hospital space that stretches from Race Street Labs along Race Street out to Broad Street, which was part of its portfolio acquisition from Harrison Street Real Estate Capital of Chicago. The deal did not include Hahnemann's north and south patient towers, which are still on the market."

https://www.bizjournals.com/philadel...source=twitter

https://racestreetlabs.com/photos-plans/

nemesisinphilly · #**3663** Posted **Feb 16, 2024, 4:55 PM**

Quote:

Originally Posted by PurpleWhiteOut

Honestly, it would be a good corner for redevelopment. A 1 story building there isn't the best use. I'm assuming Starr doesn't have anything to do with the actual property, and haven't seen any for lease signs so who knows what the landlord is doing

Actually looking at the property history for this Starr was the owner of the property until at least 2014 when there was a $1 sale to another LLC. The deed history of this property looks very complicated but Starr was the owner of the property in 2001 which is the earliest record available in Philadox

Londonee · #**3664** Posted **Feb 16, 2024, 8:49 PM**

Quote:

Originally Posted by nemesisinphilly

Actually looking at the property history for this Starr was the owner of the property until at least 2014 when there was a $1 sale to another LLC. The deed history of this property looks very complicated but Starr was the owner of the property in 2001 which is the earliest record available in Philadox

I’ve always thought he owned it. Starr Catering and maybe even his whole restaurant group was HQd at the adjoining facility just east of Continental on Market St (maybe it still is?) for a long time.

Borromino is exciting - but the one culinary black hole in his restaurant empire over the last 25 years has always been Italian - he’s tried a few times and they’ve all failed. It’s tough to kitsch-ify traditional Italian, especially in a city that knows it.

PHLtoNYC · #**3665** Posted **Feb 18, 2024, 10:09 PM**

An Even Smaller Addition Proposed for Rittenhouse Condo Overbuild

https://www.ocfrealty.com/naked-phil...ndo-overbuild/

Gatorade_Jim · #**3666** Posted **Feb 18, 2024, 10:50 PM**

Quote:

Originally Posted by PHLtoNYC

An Even Smaller Addition Proposed for Rittenhouse Condo Overbuild

https://www.ocfrealty.com/naked-phil...ndo-overbuild/

Honestly this is the right move, in my opinion. I've always lamented the loss of the rowhomes on Walnut, and the original overbuild was out of scale. This will blend in with the project on its left.

PHLtoNYC · #**3667** Posted **Feb 19, 2024, 2:15 PM**

Zoned CMX-5.

Rittenhouse Square property formerly home to Kitchen Kapers lists for $3.75M

https://www.bizjournals.com/philadel...se-square.html

3rd&Brown · #**3668** Posted **Feb 19, 2024, 4:52 PM**

Quote:

Originally Posted by PHLtoNYC

Zoned CMX-5.

Rittenhouse Square property formerly home to Kitchen Kapers lists for $3.75M

https://www.bizjournals.com/philadel...se-square.html

Is this lot big enough to support a tower? I can't read the article. Perfect location for a boutique condo building.

Mayormccheese · #**3669** Posted **Feb 19, 2024, 5:29 PM**

Quote:

Originally Posted by 3rd&Brown

Is this lot big enough to support a tower? I can't read the article. Perfect location for a boutique condo building.

I think the lot next door is also available

skyhigh07 · #**3670** Posted **Feb 19, 2024, 5:45 PM**

Quote:

Originally Posted by PHLtoNYC

Zoned CMX-5.

Rittenhouse Square property formerly home to Kitchen Kapers lists for $3.75M

https://www.bizjournals.com/philadel...se-square.html

I think a tower here anytime soon is a pipe dream even if they assembled the adjacent Salty Paw building. The lot would be rather small to make anything work. Plus, there are a number of proposed developments in the area that have been stalled for a few years now. Not to mention, I’d think the 1700 block would be developed first before anything is demolished nearby.

My best hope would be that they’re fixed up, leased to good retailers and maybe a few additional floors are added. Would really suck if they were demolished and we got a hole in the ground for five years lol

PHLtoNYC · #**3671** Posted **Feb 19, 2024, 5:47 PM**

Quote:

Originally Posted by 3rd&Brown

Is this lot big enough to support a tower? I can't read the article. Perfect location for a boutique condo building.

In order to produce a sizeable building, a developer would likely need to buy the building next door (also for sale).

From the article...

Together, they offer roughly 6,400 square feet of space and have a lot size of 2,550 square feet, property records show.

He said the property could be bought and renovated or redeveloped entirely, either on its own or with an adjacent building. The neighboring property at 211 S. 17th St. was listed for sale in November and currently has an asking price of $2.1 million. That building is home to Salty Paws, a dog ice cream bar and pet shop.

MadhattersLT · #**3672** Posted **Feb 19, 2024, 11:03 PM**

New Development in the odd lot across from Presbyterian Hospital. Looks to be 4 floors?

IMG_3149 by Justin Heger, on Flickr

3rd&Brown · #**3673** Posted **Feb 20, 2024, 12:01 AM**

Quote:

Originally Posted by skyhigh07

I think a tower here anytime soon is a pipe dream even if they assembled the adjacent Salty Paw building. The lot would be rather small to make anything work. Plus, there are a number of proposed developments in the area that have been stalled for a few years now. Not to mention, I’d think the 1700 block would be developed first before anything is demolished nearby.

My best hope would be that they’re fixed up, leased to good retailers and maybe a few additional floors are added. Would really suck if they were demolished and we got a hole in the ground for five years lol

I'm not thinking of a huge building like the Laurel.

I'm thinking of a tall skinny building a la 1706 Rittenhouse where each floor is a unit.

skyhigh07 · #**3674** Posted **Feb 20, 2024, 1:51 PM**

Quote:

Originally Posted by 3rd&Brown

I'm not thinking of a huge building like the Laurel.

I'm thinking of a tall skinny building a la 1706 Rittenhouse where each floor is a unit.

The parcel is even smaller than 1706. They’d need to cobble to together a few more adjacent properties, which was mentioned in the article, to make it work. It’d be a stretch with just the Salty Paw property. They’d almost have to include the three other properties on Walnut to make any kind of large scale development viable. Again, this is secondary to my point of the present market being able to accommodate a skinny luxury tower.

Arch+Eng · #**3675** Posted **Feb 20, 2024, 2:03 PM**

Quote:

Originally Posted by MadhattersLT

New Development in the odd lot across from Presbyterian Hospital. Looks to be 4 floors?

IMG_3149 by Justin Heger, on Flickr

Anyone have renderings of this building?
The only thing I could find online is this article from 2021.
https://www.rising.realestate/40-uni...philly-parcel/

PHLtoNYC · #**3676** Posted **Feb 20, 2024, 2:12 PM**

Quote:

Originally Posted by Arch+Eng

Anyone have renderings of this building?
The only thing I could find online is this article from 2021.
https://www.rising.realestate/40-uni...philly-parcel/

From NakedPhilly, if you scroll to near the bottom. Looks like a basic 4-story building.

https://www.ocfrealty.com/naked-phil...-philly-church

Philly Fan · #**3677** Posted **Feb 20, 2024, 3:37 PM**

More Penn's Landing Cap progress

Just got this alert from ReadyPhiladelphia:

Quote:

The Pennsylvania Department of Transportation (PennDOT) announced that southbound Interstate 95 will be closed and detoured from Saturday evening, February 24 at 5 p.m., to Monday morning, February 26 at 5 a.m., between I-676/Callowhill Street (Exit 22) and the Morris Street on-ramp in Philadelphia. This closure comes as PennDOT continues demolition under its $329 million CAP project to replace and expand the covered area over I-95 in Penn's Landing.

Motorists are advised to avoid the closure area because significant backups and delays will occur on I-95 and several surface streets in the vicinity of the work area.

Easiered · #**3678** Posted **Feb 20, 2024, 8:15 PM**

What ever happened to Rising Real Estate, did it just disappear?

Redddog · #**3679** Posted **Feb 20, 2024, 8:32 PM**

Quote:

Originally Posted by Philly Fan

More Penn's Landing Cap progress

Just got this alert from ReadyPhiladelphia:

What I wouldn't give for a webcam.

blart · #**3680** Posted **Feb 22, 2024, 11:06 PM**

2/22
2nd & Race Sts