Posted Mar 29, 2023, 1:13 PM
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Moderator
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Join Date: Oct 2011
Location: Philadelphia
Posts: 18,393
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97 More Units Proposed for a Suddenly Busy 500 N. Columbus Blvd.
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It was just over a month ago that we last made our way to 500 N. Columbus Blvd., where we told you about plans afoot for an adaptive reuse for the building sporting the giant American flag mural. Today, we are checking out a different part of the property, where thanks to a submission to the Historical Commission, we know that even more exciting plans are in the works. Before we get to the news, let’s check out the property a bit more, including a helpful flyover of the site.
The area of our focus today is at 501 N. Front St., or Building F of the complex. While some of the buildings at the property are historic, this is a non-contributing structure, and there are plans to demo the low-rise building currently on-site to make way for 97 units designed by JKRP Architects.
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This is an extremely exciting proposition for this corner, which honestly feels a bit desolate even during the middle of the day. We would have been OK with a bit more height for this CMX-4 property, but we are a bit more understanding given the other exciting plans for the complex. As we alluded to earlier, a zoning permit was recently issued, allowing for 96 units to be added to the flag-forward section of the building.
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Jumping to the north side of the site, plans for 50 SG also call for a residential new build. 62 units and 3K sqft of ground floor retail space are proposed here for this site which is currently marketed for sale. The low-rise building that once stood here has been cleared and construction permits have been pulled, so we could see things move here quickly once the site changes hands or the current owners have a change of heart.
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The final piece of the puzzle isn’t a residential one, but it is wildly exciting nonetheless. Along Beach St. dividing the complex, the historically protected two-story buildings are making a turn to a glorious restaurant and event space. Plans here are looking pretty darn amazing for this structure, whose 18K sqft of space will also face the now-intriguing Beach St. in the middle of the complex.
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If all of this indeed moves forward, that’s yet another 255 units and 22K sqft of commercial space where zero people and zero retail now exist. This would add another huge injection of excitement to the area, which is busy with construction everywhere you look.
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Read/view more here:
https://www.ocfrealty.com/naked-phil...-columbus-blvd
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