PHILADELPHIA | Lowrise/General Developments Thread

[PHLtoNYC]

Originally Posted by PhilliesPhan

There's some commercial action happening along Ridge (a new pharmacy, yoga studio, a very nice juice bar, a coffee bar, and several hair/nail salons), but no restaurants yet. I'm also hoping that this will change soon. Several of the new retail spaces, especially the new buildings rising at the corners of Ridge and Francis and Ridge and Ginnodo, are large enough to accommodate a restaurant space. I am also hoping for a new bar in one of these spaces.

Also, if you haven't tried it yet, Libertee Grounds at 16th and Girard is a fantastic new addition to the neighborhood! As a native Philadelphian, their lamb kheema cheesesteak is one of the best cheesesteaks I've ever had. Their "hyperlocal" craft beer selection is also killer. If they can be successful at Girard, then I know that a restaurant could be successful along Ridge--particularly along the 1500 or 1600 blocks.

Good to hear about Ridge. Usually the first steps are coffee shops, yoga studios, pet stores, etc. The dining / culinary scene usually follow from there. Frankford Ave is a good example of that.

And thanks for the suggestion, I'll have to try it out one weekend!

[Justin7]

Originally Posted by summersm343

Permits Issued For 15-Unit Building At 1103 South 47th Street In Squirrel Hill

Rendering:

- "I'd really like a mansard roof, but it's going to cut into our square footage and blow our budget."

- "What if - let me finish - what if we just throw some shingles on the side of the building?"

- "Brilliant! Also, should our windows match or should we use two entirely different architectural styles?"

[PHLtoNYC]

Two good articles to read. 1: The possibility of capping the Vine. 2: A great diversity initiative for Navy Yard expansion.

Congressional plan would reconnect neighborhoods like Philly’s Chinatown, fractured by highways

https://www.inquirer.com/transportation/...cial-equity-transportation-20210713.html

Development team behind $2.6B Navy Yard project makes 'unparalleled' diversity, equity and inclusion pledge

https://www.bizjournals.com/philadelphia...cx_testVariant=cx_8&cx_artPos=0#cxrecs_s

[mcgrath618]

Originally Posted by phltonyc

the inquirer has really gone downhill.

ftfy

[mcgrath618]

Originally Posted by PHLtoNYC

Two good articles to read. 1: The possibility of capping the Vine. 2: A great diversity initiative for Navy Yard expansion.

Congressional plan would reconnect neighborhoods like Philly’s Chinatown, fractured by highways

https://www.inquirer.com/transportation/...cial-equity-transportation-20210713.html

I hope part of this plan is to reconfigure the interchange. You know the one I’m referring to.

[iheartphilly]

^
so glad this is getting more attention...hopefully this materializes with federal dollars to get the VSE capped adjacent to Chinatown and make it into a public space for people to enjoy. If that happens you will see more real estate investments north of it.

[summersm343]

Developers of huge project at Philly Navy Yard commit $1 billion for diversity

The developers pursuing a $2.6 billion project at the South Philadelphia Navy Yard say they are committing $1 billion of that money to hiring minority workers and contractors and taking other diversity measures over the next two decades.

“It will be incredibly inclusive at all levels,” said Gregory Reaves, co-owner of Mosaic Development Partners. Mosaic is developing the site with Ensemble Real Estate Investments.

The developers are building 610 apartments, pharma labs, a parking garage and a hotel in the first phase. They say they will employ a 35 percent diverse construction workforce with half of the workers coming from the Philadelphia region.

Plans for the apartments entail three buildings of between five and seven stories, Reaves said. They will be the first residential housing units on the site. “We need to make sure we brought the appropriate scale to bring a community,” he said. Mosaic and Ensemble said they had an “ongoing commitment to providing housing affordability for 15% of all residential units.”

The Mosaic/Ensemble plan a speculative 130,000-square-foot pharma lab. They also hope to build a custom pharma-manufacturing plant to boost the region’s growing life sciences sector.

Over time, the developers plan more than 1 million of life sciences and office space on the 109-acre site. There are plans for a hotel but they have not been finalized. The buildings in this first phase of the project are expected to open in 2023 or 2024.

Read/view more here:
https://www.inquirer.com/business/philad...ity-contracting-apartments-20210713.html

[summersm343]

Development team behind $2.6B Navy Yard project makes 'unparalleled' diversity, equity and inclusion pledge

The team behind a $2.6 billion mixed-use development at the Philadelphia Navy Yard has firmed up an environmental, social and governance program for the project that includes directing $1 billion into diversity, equity and inclusion initiatives.

Long Beach, California-based Ensemble Real Estate Investments and local company Mosaic Development Partners, in collaboration with PIDC, are developing the remaining 109 acres at the 1,200-acre South Philadelphia site. Plans include construction of 3,000 residential units, 3 million square feet of office space, a hotel, restaurants and more.

The venture looks to break ground on its first phase of development, which includes buildings like 1201 Normandy Place, in the fourth quarter. The entire project will be completed over the next 15 to 20 years, said Brian Cohen, senior vice president at Ensemble Real Estate Investments.

After breaking ground on the first Navy Yard projects at the end of 2021, Cohen said he anticipates those elements to be completed between the first quarter of 2023 and second quarter of 2024.

As part of the two-decade development, a second Navy Yard hotel is planned to join the existing 212-room Courtyard Philadelphia South at The Navy Yard, also by Ensemble. The forthcoming hotel is in the very early planning stages, Cohen said, but is anticipated to be a full-service property that looks to capitalize on the Navy Yard as providing a unique wedding venue.

It will be “part of one of the existing historic buildings at the Navy Yard” and will take about three years to complete, he added.

Read/view more here:
https://www.bizjournals.com/philadelphia...nt-team-navy-yard-diversity-efforts.html

[City Wide]

Originally Posted by Justin7

- "I'd really like a mansard roof, but it's going to cut into our square footage and blow our budget."

- "What if - let me finish - what if we just throw some shingles on the side of the building?"

- "Brilliant! Also, should our windows match or should we use two entirely different architectural styles?"

Just wait until the gas and electric get hung on the front of this pig, that'll really help turn this into a real asset for the neighborhood. Why does UC, home to a large collection of Victorian homes, which are priced often at $500K to $1M, attract builders who more often than not, throw up this type of shit?

[PHLtoNYC]

Demolition of Downey's Irish Pub for new development aims to 'breathe new life' into South Street

https://www.bizjournals.com/philadelphia...irish-pub-south-street-construction.html

More info on the Downey's plan. Full demolition, and replacement will include ground floor commercial. Ambit is doing the design work, which makes me excited for this project.

[summersm343]

Hilco details progress made at Philadelphia refinery site as it preps for development

A year after Hilco Redevelopment Partners closed on buying the former Philadelphia Energy Solutions refinery, the company said it has completed demolition of 10% of the 1,300-acre site, continues to work on environmental remediation, and expects to begin construction of its first project during the second quarter of 2022.

The company plans to build upwards of 15 million square feet of industrial, life sciences, light manufacturing and other space over the next 13 to 15 years and estimates the development at build out will result in the creation of 19,000 jobs. The site did receive last fall continued designation as a Keystone Opportunity Zone, which provides companies with tax breaks on certain state and local taxes.

The property, which operated as a refinery for 150 years, needs extensive environmental remediation. The company initially estimated last year when it closed on acquiring the property it would take three to five years to clean up before new development would get underway. The company’s update indicates ground will be broken ahead of schedule and just two years after the acquisition.

Hilco anticipates releasing an updated master plan this fall.

https://www.bizjournals.com/philadelphia...cx_testVariant=cx_8&cx_artPos=1#cxrecs_s

[The Best Forumer]

Originally Posted by Justin7

- "I'd really like a mansard roof, but it's going to cut into our square footage and blow our budget."

- "What if - let me finish - what if we just throw some shingles on the side of the building?"

- "Brilliant! Also, should our windows match or should we use two entirely different architectural styles?"

Looks smallish. I guess aimed an young professionals?

[Urbanthusiat]

Originally Posted by summersm343

Hilco details progress made at Philadelphia refinery site as it preps for development

While it's not as sexy as towers in center city, I think this is one of the more exciting developments in the city, one that will have a much bigger economic impact than even another Comcast tower ever could.

[summersm343]

Challenging Frankford Ave. Corner Swapping Used Cars for Mixed-Use

New roundabout at the intersection of Frankford Ave, York St and Trenton Ave:


Current view of 2400 Frankford:


Rendering of 2400 Frankford:


Read/view more here:
http://www.ocfrealty.com/naked-philly/ea...-ave-corner-swapping-used-cars-mixed-use

[PHLtoNYC]

Originally Posted by Urbanthusiat

While it's not as sexy as towers in center city, I think this is one of the more exciting developments in the city, one that will have a much bigger economic impact than even another Comcast tower ever could.

Yup, and a complete transformation of a gigantic toxic dump. An exciting development to watch.

I also hope this effort combined with PHL expansions with make Philadelphia the #1 logistics hub of the Northeast, big boom for the economy if so.

[summersm343]

Permits Issued For 40-Unit Building At 1112-16 East Berks Street In Fishtown

Current site:


Aerial view of the site:


Read/view more here:
https://phillyyimby.com/2021/07/permits-issued-for-1112-16-east-berks-street-in-fishtown.html

[summersm343]

Exterior Work Progresses At 2601 Poplar Street

Rendering:


Aerial:


Current progress:


Read/view more here:
https://phillyyimby.com/2021/07/exterior...-on-2601-poplar-street-in-fairmount.html

[Skintreesnail]

https://whyy.org/articles/hot-mess-of-ca...ers-offer-a-kinder-ben-franklin-parkway/

Three design firms are pitching visions for a more walkable, accessible, and inclusive Benjamin Franklin Parkway.

The proposals —unveiled during a city-sponsored Parkway Ideas Workshop charette held Wednesday— mark the culmination of a more than decade-old “More Park, Less Way” initiative.

Eventually, one will be selected to guide redesign efforts to remake the triumphalist boulevard long criticized as too auto-centric.

The city will post a survey on www.phlparkway.com in the coming days to gauge public reaction ahead of a vote to select a final design team later this summer.

[mcgrath618]

As much as I would like a subway under the parkway, that’s pretty good.

[3rd&Brown]

Originally Posted by summersm343

Exterior Work Progresses At 2601 Poplar Street

Rendering:


Aerial:


Current progress:


Read/view more here:
https://phillyyimby.com/2021/07/exterior...-on-2601-poplar-street-in-fairmount.html

Game changing for that location.

Almost completely closes the gap between Fairmount and Brewerytown.