Back in October of 2019, we told you about a 106-unit proposal for a 31,527 vacant IRMX parcel at 1817-41 E. York St. in East Kensington next to the York-Dauphin El Station. The project is now well underway with 4 stories already framed out and windows beginning to be installed.
The building will rise 5 stories when completed and will total 128,616 square feet with 14,039 of these square feet reserved for artisan industrial space. 20 artisan units will be spread throughout the upper floors. The project will also include 33 car parking spaces, 38 bicycle stalls, a green roof, and a roof deck.
The main residential entrance will be located on York St. There will be 9 units with direct access from the York St. side of the building. There will also be a courtyard in the center of the building along York St. It looks like the courtyard will be fenced off from the street. The parking garage entrance will be located along Boston St.
The facade will be constructed of grey brick, hardie fiber cement panel, grey stone, corrugated metal, metal panel, and wood-look lapboard. Many of the residential units on the upper floors will have outdoor balconies attached to their units.
This project is right across the street from the 138-unit adaptive reuse plan we told you about yesterday. It is also around the block from two 100+ unit projects. As we mentioned in our article yesterday, there are more than 600 new units that have recently been completed, are under construction, or are planned in the blocks surrounding the York-Dauphin Station.
This section of East Kensington is transforming from a sea of blighted mega lots into a dense urban neighborhood. We’re excited to see how this 106-unit building performs from a leasing perspective and when the other large projects surrounding it will begin to rise.
How do you feel about this project and all of the development happening in the area?
Kyle is a commercial real estate agent at Rittenhouse Realty Advisors, a homeowner, and a real estate investor in Philadelphia. Kyle uses his extensive Philadelphia real estate market knowledge to help his clients buy and sell multifamily investment properties, development opportunities, and industrial sites.
Email Kyle@RittenhouseRealty.com if you are looking to buy or sell a property