We first told you about the 150-unit building planned at 2400 East Huntingdon back in October of 2020. Since then, the development team has gone through the Civic Design Review (CDR) process, the design has changed, the warehouse that formerly occupied the site has been demolished, and the project has received a ton of backlash from nearby neighbors due to the unit count and height.
To give you a quick reminder, the project entails a 7-story, 122,500 square foot building with 150 residential units, 11,300 square feet of commercial space, 37 automobile parking spots, 50 bicycle stalls, a green roof, and a roof deck.
If you go by the site today, you’ll see that the project is well underway with work beginning on the third story. Interestingly enough, this building seems like it is going to be constructed out of cast in place concrete. You don’t see many mid-rise buildings in Philadelphia constructed with cast in place concrete, but we did tell you about another project in South Kensington using this construction method recently. Anybody out there know of any other mid-rise projects using this method?
As we mentioned in our previous article, we were sad to see the warehouse that formerly occupied the site get demolished. It is especially sad since an adaptive reuse plan for the building was shot down by neighbors years ago. However, it does look like this new building will be a strong structure since it is being built with concrete and the new project is providing many more homes that the adaptive reuse plan.
How do you feel about this project and the new renderings? What kind of business would you like to see move into the commercial space? Are you happy to see 150 more homes added in this section of the neighborhood?
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