It always surprises us how rough some blocks of Callowhill are. The neighborhood is a stone’s throw from Center City and has a ton of amazing loft-style buildings, yet most of this area feels like an industrial wasteland. That being said, Callowhill is still one of our favorite neighborhoods in the city and we believe it will continue to improve with the Reading Viaduct Rail Park being a major catalyst for development.
It looks like at least one block will be seeing some improvement in the near future. Building permits were issued yesterday at 1100 Ridge Avenue for the construction of a 7-story structure with 30 residential units, a roof deck, and accessory parking. The permits do not indicate the amount of parking spaces that will be included. However, a 17-unit plan from 2019 included 8 car parking spots. No renderings of the project have been released. A 1-story garage on the north side of the site was demolished more than a year ago.
Back in 2009, there were plans for a sprawling single family home with a huge yard on this parcel. In 2011, there were plans to build a warehouse to store commercial kitchen equipment. We think 30 homes for people and a commercial space is a much better use of this land located so close to the Broad Street Line and Center City.
How do you feel about this project? What kind of business would you like to see open here?
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