Renderings of Hub II by Platt Associate Architecure
After five years of sitting on the shelf, Philadelphia-based developers Teres Holdings, LLC have resurrected plans to construct Hub II, the Hub’s sister building at 3939-41 Chestnut Street. The long-awaited project, originally approved in 2008 under the old zoning code, will cost $11.5 million to construct, and will see the demolition of Thai Singha House’s old home at 3939 Chestnut Street.
According to the blog Philadelphia Real Estate, Teres Holdings was granted zoning “relief” to proceed with Hub II by the Zoning Board of Adjustment on July 31. Since construction of the project is happening under Philadelphia’s new zoning code, which passed last year, landowners University of Pennsylvania, the developers, and Hub II architects, Platt Associates Architecture, have altered the plans, removing one floor and 14,600 square-feet from original building design. Hub II is now 40,100 square feet with seven floors—the first two floors are held for commercial use, including cafes, salons, health clubs, and office space, with the remaining stories housing 65 residential units, reported the blog. Projected date of completion is unknown.
Platt Associates, the New England-based company behind the original Hub’s design, claim on its website that the new Hub II will help “define a new urban node at the corner of 40th and Chestnut Streets”, with the adorning space between the hubs suggesting “an intimate, winding medieval passage with angling walls and a variety of materials punctuated by narrow tower forms.”
The current plans are relatively similar to original blueprints Spruce Hill Community Association approved back in 2008 (but are an improvement to the overall design), so the community organization decided not to impede on the project’s new zoning process, said SHCA Zoning Committee Chair Barry Grossbach. SHCA did, however, raise issue with the materials to be used for the building’s facade, and since the group and the developers could not come to an agreement before the ZBA hearing occurred, SHCA issued a letter of understanding stating that, if zoning is approved, Teres Holdings and Platt must meet with SHCA in a period of 60 days. That meeting takes place on Monday, Sept. 23, Grossbach told West Philly Local.
As for Thai Singha House, Hub II’s plans called for the restaurant’s relocation and the demolition of its former home from the beginning, Grossbach said. In July, we reported that Thai Singha House is relocating to 3900 Chestnut Street and plans to reopen in September—its website, however, now states that it’ll open at the new location “sometime in late October.” There are also talks of erecting a third “hub”, said Grossbach, to complete a three-building center at 40th and Chestnut Streets, but nothing has been brought to the drawing board for that project yet.
Teres Holdings could not be reached for comment.