Back in 2018, the former Love Kingdom Church at 1015 S. 3rd Street traded hands and was later demolished. Although we hate seeing old churches demolished in Philadelphia, this structure was modern and had a big surface parking lot. We can’t say we miss it.
Since demolition, most of the property has sat vacant for the last couple of years. Three quadplexes were built on the northern part of the lot, but we’ve been waiting for ground to break on the southern portion. Back in April, we found out what the owners of the site were planning when zoning permits were issued for a 4-story, 45 foot tall building with 67 residential units, 23 bicycle stalls, and a roof deck. The project is utilizing the green roof and low income bonuses.
In anticipation of the project’s meeting with the Civic Design Review (CDR) next month, we now have more information and renderings. The building will be just over 51,000 total square feet and its facade will be made of brick, fiber cement panels, metal panels, and glass. There will also be residential balconies overlooking 3rd Street.
We love to see this kind of residential density added within Queen Village, where rental and sale prices have been rising steadily for quite some time. The additional residents that this project attract to the neighborhood should also help fuel the businesses on Washington Avenue and on some of the side streets in Queen Village.
How do you feel about this project? Are you happy to see this lot developed?
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