You may have walked down North 3rd Street in Northern Liberties before and noticed the cool brick building at 808-18 North 3rd Street. If you look closely at the inscription on the facade, you will see that the building was built in 1825 and was formerly the Mifflin Public School. In more recent history, the building was used as a wood shop and offices. The property was then listed for sale for quite some time and we have been wondering what would become of it.
It looks like we now know what is planned. A zoning permit was issued for 30 residential units on the 11,577 square foot RM-1 zoned property. 15 of the residential units will be located in the existing structure while another 15 will be located within a 4-story new construction addition on the side yard. The new and old structures will be connected by an underground tunnel and a sky bridge. There will also be an addition added to the back of the original structure. The project will include a roof deck and a green roof and will utilize the green roof bonus.
We were not able to track down renderings of the project, but did get our hands on some elevation drawings. According to those drawings, the new construction building will have a modern appearance that should blend in with a lot of the new buildings in Northern Liberties.
We’re excited to see this building get reactivated and for a piece of land in the heart of Northern Liberties to get developed. The apartments in the original building should be really unique and desirable for tenants in the future.
How do you feel about this project? Is an apartment building a good use of this property?
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