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Hot Commodity: Old Spruce Hill homes demolished to make room for apartment buildings (updated)

Posted on 21 March 2016 by WestPhillyLocal.com

No condos

Photos West Philly Local

Editor’s Note: After this story was printed, Spruce Hill Community Association’s zoning chair Barry Grossbach said that they “begged the owners of 243 [S. 45th St.] not to take the building down. My impression is that they are building a multi-unit structure.”

Developers continue to buy properties and land around Penn and Drexel and turn them into apartments buildings mostly aimed at students. The photo above is from a new project at 41st and Ludlow. Ludlow Brothers LLC purchased a single family home at that location in 2014 and demolished it to make room for a four-story apartment building.

Another Spruce Hill development project, luxury apartments on S. 45th Street between Spruce and Locust, has been completed. As was reported earlier, an old West Philly row home at 245 S. 45th St. was demolished to make room for the new four-story 15-unit building. However, we recently noticed that another old row home, right next door to the new apartment building was also being torn down:

45th street

It’s not clear yet what is coming in its place. The 5-bedroom home at 243 S. 45th St. was sold last summer for $399,000 to developer South Fortyfive 243 LLC, according to property records.

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Insta-housing: New modular building goes up along Sansom Street

Posted on 08 March 2016 by Mike Lyons

pre-fab 1

Councilwoman Jannie Blackwell was at a building site at the corner of Farragut and Sansom this morning as a modular apartment building was being dropped into place.

Another pre-fab, modular apartment building is going up along Sansom Street. This one is behind the Sunoco at Sansom and Farragut.

Even Councilwoman Jannie Blackwell was on hand when they started dropping the pieces in place on Tuesday morning.

The building’s units were dropped in one by one by a crane parked along Farragut Street.  Continue Reading

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Proposed 21-unit building at 46th and Spruce draws concerns about parking

Posted on 08 March 2016 by Mike Lyons

46th and Spruce

Developers present plans for a 21-unit apartment building at 46th and Spruce to the Spruce Hill Community Association zoning committee on Monday night. (Photo by West Philly Local)

 

Plans to build a four-story apartment building to replace the burned-out, single-floor building on the corner of 46th and Spruce drew concerns about parking and the flurry of new nearby apartment building construction last night during a meeting of the Spruce Hill Community Association (SHCA) zoning committee.

The proposed brick and metal panel building at 4534-36 Spruce St. would include 21 mostly two-bedroom apartments, ground-floor retail and a rooftop deck. The developers need a variance from the Zoning Board of Adjustment to get to the building’s proposed height – 44 feet.

A 2011 fire gutted the current structure, a transitional housing facility. The building has been vacant since the fire.

Parking was the biggest concern at last night’s meeting. The proposal does not include on-site parking, and nearby residents are concerned that this building along with the new 40-unit apartment building at 46th and Walnut, and the 15-unit building built between two Victorian twins on the 200 block of S. 45th Street will make finding a spot exceedingly difficult.  Continue Reading

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Old West Philly High School redevelopment project to receive $24 million loan

Posted on 08 February 2016 by WestPhillyLocal.com

800px-WTP_A17_youcanlookitup_2The developers of the old West Philly High School building recently secured $24 million in funding. According to reports, the loan has been arranged by Colliers International Capital Markets and will be used for the acquisition and redevelopment of the 442,200-square-foot, four-story building at 4700 Walnut Street. The 103-year-old building was acquired by New York-based developer Andrew Bank in early 2015.

The project to gut the building and convert it into 298 loft apartments was first presented in 2012, but it took more than two years for Bank to finalize the purchase of the building.

Bank, who is the Managing Director of the real estate development company Strong Place Partners, met with community members last summer to talk about the project. During a June 2015 Garden Court Community Association meeting, Bank told the attendees that his company had obtained all necessary permits and that some work on the building was already being done, including asbestos and debris removal and construction of a loading dock on the eastern portion of the building.

Bank also said that he was waiting for a loan settlement to begin building the first 130 apartments. He added that the project may include some commercial space along Locust Street.

Construction is set to begin in 2017.

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Apartments for low-income artists coming to 4050 Haverford Avenue

Posted on 04 February 2016 by WestPhillyLocal.com

4050Haverford

A new apartment building will break ground at 4050 Haverford Avenue on Tuesday, Feb. 9. The project, called 4050 Apartments, will provide affordable housing for low-income artists, a group that is an essential part of the Lower Lancaster identity.

The 24,350-square-feet building replaces a large vacant lot in a highly visible area, just off of the intersection of 40th Street, Lancaster Avenue, and Haverford Avenue. The project will consist of a new three-story building with 20 living units and a shared exhibition and workshop space for artists. The apartments will have one- two- and three-bedroom layouts.

A community room on the ground floor will be open to all residents and will offer arts and educational programming open to the public.

The $7.2 million project is being carried out by the PEC Community Development Corporation, which has been building affordable housing in Philadelphia’s Promise Zone area for more than 20 years.

Community members are invited to the groundbreaking ceremony on Tuesday at 11 a.m. Please check the event’s Facebook page for updates.

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Student housing for foodies to open in Fall 2016 in Powelton

Posted on 27 January 2016 by WestPhillyLocal.com

Goodfoodflats

More details have been revealed about the new $20 million off-campus student housing project on the 4000 block of Baring Street in Powelton. An older three-story building at the corner of Baring and Preston was demolished at the end of last year to make room for the new project, called Good Food Flats.

GoodFoodFlatsKitchenThe new housing is intended for participants in Drexel University’s Hospitality and Sports Management (HSM) program and others who “really appreciate integrating food, health and well-being into their living environment,” according to the developer, Cross Properties.

Good Food Flats has an innovative design and will have some unique features, like a pop-up restaurant/entrepreneur incubator space and a food lab. Well-known Philadelphia chefs will be invited to teach classes in the facility’s commercial kitchen. There will also be urban garden spaces on the roof and backyard of the building where residents can grow their own fruits and vegetables. Other amenities include study lounges, a 24-hour fitness center, and WiFi and cable.

The building includes 44 fully furnished 4-bedroom/2-bath units (175 beds), which are moderately priced at $750-$850 per room per month. Good Food Flats is expected to open its doors for residents in Fall 2016.

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