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Penn’s Garden Development News (November 2 – November 8)


Francisville

   The former church at 1734 Ridge Ave. in Francisville is currently being torn down. The rear portion of the structure is in ruins, but the front hasn’t been touched. Loonstyn Properties has proposed constructing a 30-unit building on the parcel, the first floor of which will presumably be allocated for commercial use. Developers are also planning on converting the property next door at 1800 Ridge Avenue into a 32-unit mixed-use building with commercial space on the first floor. It was purchased earlier this year for $500,000.PG_Dev_news_1

Temple University Area

   Ernest Bock and Sons Inc. plans to construct a 17-story, 180-unit building at the intersection of Broad and Master Streets next to the Freedom Theatre. According to a presentation posted to the Civic Design Review’s (CDR) website, the project will include 4,000 square feet of retail space, a parking garage and a storage room for bicycles on the ground floor.

Brewerytown

   In 2014, developers purchased the property at 1228-1232 W. College Avenue for $120,000. They plan to build an 11-unit apartment building on site with six accompanying parking spots. The parcel is located across the street from Girard College. Nearby, at the intersection of College and Girard Avenues, MM Partners will be converting a former liquor store into another retail outlet. There is also available commercial space on the ground floor of the Braverman Building down the block.

   Argo Property Group will be constructing a duplex, a triplex and two six-unit buildings on the 1200 block of N. 27th Street in Brewerytown. Each duplex unit will include three bedrooms, three bathrooms and approximately 1,500 square feet of living space. Two-bedroom rental units will constitute the triplex and apartment buildings. Renderings of the project can be found on Argo Property Group’s website.

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   FJM Investment Group has purchased the property at 2337-2341 W. Thompson Street on the border of Sharswood and Brewerytown. They are currently in the process of constructing three new triplexes on site. They demolished the old edifices on site earlier this year.

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