Penn’s Garden Development News (October 19, 2016)
Francisville
Developers purchased the New Macedonia Baptist Church at 875 Corinthian Avenue in Francisville for $775,000 in May. It is uncertain what will become of the property. Around the corner, at the intersection of Corinthian Avenue and Ogden Street, three homes and a condo building were recently completed. All of the homes and condo units have already been purchased.
Developers are seeking to build three duplexes on the property at 839 – 843 North 15th Street in Francisville, according to the posted zoning notices. They still must take their plan to the Zoning Board of Adjustment (ZBA) for approval.
The property at 727 North 20th Street is coming down and will soon be replaced with another multi-family residential building. The zoning notices posted at 753 – 755 North 20th indicate that several quadplexes will also grace the block in the near future. That is, of course, assuming that all goes according to plan.
Loft District
Last year, developers purchased the large property at 448 North 10th Street for $2.75 million. They are completely refurbishing the structure and are actively looking for tenants (office and creative space). The small white building affixed to the larger edifice will most likely be used for retail purposes. The property served previously as the home of the Haverford Bicycle Company.
Fairmount
The Divine Lorraine signs on top of the hotel building at 699 North Broad Street will light up on Thursday, October 27. There will be an accompanying block party on Melon Street and North Park Avenue with games, drinks and live music. Vendors will also be selling Divine Lorraine merchandise. The building will not be open to the public. The event will begin at 4PM.
Brewerytown
An unnamed developer has purchased six consecutive properties in Brewerytown on 27th Street north of Girard Avenue over the course of the last several months. The posted permits suggest that four triplexes and a double-wide building will be constructed on these parcels. At 1229 – 1247 North 27th, a collection of “plexes” will be built on what is currently a large parking lot. •