PHILADELPHIA | Lowrise/General Developments Thread

[jsbrook]

Originally Posted by Aaamazarite

A couple of University City updates I've noticed/heard about over the past few days:

4014 Ludlow: 80+ room Sonder Hotel, excavation has begun

4050 Ludlow: Permit changed to 65 Units. Breaking ground in January-- I guess the new owner is going to find out the hard way if the Rose Family Burial Ground is still under there.

43rd and Chestnut Alterra project: Steel above ground now, should see the modular units soon

12-24 S 43rd: 18 Unit Building nearly framed out

4415 Ludlow: Orens Bros 30-Unit building, steel above ground now

4101 Ludlow (old red church): Being cleaned out now, will become rock-climbing gym.

4200 Ludlow: 96-unit building nearly complete

Things I can't tell you about: Two future 20+-story buildings that have nothing to do with UCity Square or Schuylkill Yards, two (possibly three) major property transactions to big developers who've (to my knowledge) never built in U City before, a developer with two upcoming approved apartment proposals has purchased the adjacent properties of both to expand upon them, and the 40th Street commercial corridor just below Market has some nice leases signed for new stores/restaurants.

Good deal. Covid seems to have dried up residential and commercial pipeline and projects underway much less than I might have expected. Haven't posted here much lately, but it's heartening to see the MLB building on Market looks to be full steam ahead, the 16th and Sansom project, a number of new projects that have been announced, and even a potential move at 13th and Market. Very good stuff.

[rb233541]

Anyone know what this crane was for on Chestnut between 20th and 21st last night?

36F7811D-E2D8-4AD2-A1F6-C7C35D7BD672 by ryan brown, on Flickr

[cardeza]

Originally Posted by rb233541

Anyone know what this crane was for on Chestnut between 20th and 21st last night?

36F7811D-E2D8-4AD2-A1F6-C7C35D7BD672 by ryan brown, on Flickr

probably rooftop equipment removal

[PurpleWhiteOut]

Originally Posted by jsbrook

Good deal. Covid seems to have dried up residential and commercial pipeline and projects underway much less than I might have expected.

I think it's because the tax abatents are still set to be slashed after this year, so a lot of projects are going to have their hands forced. Next year might be a different story.

[summersm343]

Originally Posted by PurpleWhiteOut

I think it's because the tax abatents are still set to be slashed after this year, so a lot of projects are going to have their hands forced. Next year might be a different story.

Yep... that's exactly it. Developers are forced to get their approvals through the process NOW, so they can qualify for the tax abatement.

We'll see what next year holds, but I'm willing to bet that next year, we'll see significantly fewer multifamily developments moving forward, which is unfortunate.

[cardeza]

Originally Posted by summersm343

Yep... that's exactly it. Developers are forced to get their approvals through the process NOW, so they can qualify for the tax abatement.

We'll see what next year holds, but I'm willing to bet that next year, we'll see significantly fewer multifamily developments moving forward, which is unfortunate.

I seriously doubt that when you consider the gradual nature of the tax abatement change.

[nemesisinphilly]

Demo permit pulled for 701 S Broad(Broad and Bainbridge)

https://li.phila.gov/#details?entity...S%20BROAD%20ST

Looks like most recent detailed zoning plans were for a 7 floor 84ft 50 unit building in 2019

https://li.phila.gov/#details?entity...S%20BROAD%20ST

But then there's this from this year stating they'll be using the moderate income bonus but no additional height/unit details:

https://li.phila.gov/#details?entity...S%20BROAD%20ST

Any word on new plans. Looks like Hightop is developer.

[summersm343]

Originally Posted by nemesisinphilly

Demo permit pulled for 701 S Broad(Broad and Bainbridge)

https://li.phila.gov/#details?entity...S%20BROAD%20ST

Looks like most recent detailed zoning plans were for a 7 floor 84ft 50 unit building in 2019

https://li.phila.gov/#details?entity...S%20BROAD%20ST

But then there's this from this year stating they'll be using the moderate income bonus but no additional height/unit details:

https://li.phila.gov/#details?entity...S%20BROAD%20ST

Any word on new plans. Looks like Hightop is developer.

Very nice! I've been hearing about this for a while. Glad it seems to be moving forward now. South Broad needs it! This stretch is still pretty abysmal.

Last I heard, 7 floors was the plan. Ground floor retail with apartments above. Looking forward to seeing renderings

[summersm343]

Chocolate Factory Project Approved By the ZBA









Read more here:
http://www.ocfrealty.com/naked-phill...t-approved-zba

[JohnIII]

Huge plans at the old Refinery site in south Philadelphia; its on the Inquire so if you all want to see it; it may just have promise.

[Redddog]

Originally Posted by JohnIII

Huge plans at the old Refinery site in south Philadelphia; its on the Inquire so if you all want to see it; it may just have promise.

Isn't it just mega warehouses?

[cardeza]

Originally Posted by Redddog

Isn't it just mega warehouses?

the initial phase will be, but still could create a lot of jobs and a lot better than a refinery

[summersm343]

August CDR Submissions

918 Delaware Ave
Five 7-story buildings
462 apartments and ground floor retail/commercial
Renderings here:
https://www.phila.gov/media/20200728...re-Ave_CDR.pdf

700 Delaware Ave
Two 7-story buildings
488 apartments and ground floor retail/commercial
Renderings here:
https://www.phila.gov/media/20200728...on_reduced.pdf

2630 W. Girard Ave
5-story apartment building fronting Girard, twenty-six 4-story "quadplexes" facing 27th and Taney Streets
160 apartments and ground floor retail/commercial
Renderings here:
https://www.phila.gov/media/20200728...ubmission_.pdf

1901 N. American St
6-story building
286 apartments and ground floor retail/commercial
Renderings here:
https://www.phila.gov/media/20200728...et_reduced.pdf

[summersm343]

Plans Change For Apartment Building Near 19th & Callowhill



Read more here:
http://www.ocfrealty.com/naked-phill...9th-callowhill

[summersm343]

160 Units + Retail Proposal for Infamous Lot at 27th & Girard in Brewerytown





Read more here:
http://www.rising.realestate/160-uni...n-brewerytown/

[cardeza]

lets hope that actually happens.

They are fencing off the lot at Broad and Spring Garden to prepare for construction.

[bigfish]

Originally Posted by cardeza

lets hope that actually happens.

They are fencing off the lot at Broad and Spring Garden to prepare for construction.

NE or NW lot?

[PhilliesPhan]

I can't wait to see the project at 27th and Girard rise! If this happens, then it will mean the addition of slightly over 280 units between 26th, 27th, Girard, and Poplar. This many units coming online at a similar time will certainly be a boon for the Girard Avenue corridor. Plus, that mixed-use building on the corner of 27th and Girard would be perfect for a 24/7 convenience store, which is something I feel that Brewerytown is missing.

[Boku]

Developer Bart Blatstein’s plan for Wawa gas station on Delaware River waterfront has been rejected

https://www.inquirer.com/real-estate...-20200729.html

Philadelphia’s zoning board has rejected developer Bart Blatstein’s proposal for a Wawa gas station along South Philadelphia’s Delaware River waterfront, siding with opponents who argued that the project would set back efforts to make the area more inviting to residents and pedestrians.

[mcgrath618]

Originally Posted by Boku

Developer Bart Blatstein’s plan for Wawa gas station on Delaware River waterfront has been rejected

https://www.inquirer.com/real-estate...-20200729.html

Thank god. What a terrible idea.