Back in October of 2019, we told you about a 54-unit project just north of Cecil B. Moore Avenue on North 2nd St. in Kensington. At that time, 14 units within 7 duplexes were already under construction on the back of the site at 1712-28 N. 2nd St. which previously held a 1-story warehouse.
The duplexes are now topped out and the exterior work on phase 1 looks to be completed. The next phase of the project entails a 5-story, 40-unit building with ground floor commercial space fronting 2nd Street. Construction permits were issued on March 10th for the mixed-use building.
This project went through the Civic Design Review (CDR) process in 2017 and we have not seen any more recent renderings. So, we imagine that the design has not changed much. If you’ve seen any updated renderings, let us know.
The area surrounding 2nd St. and Cecil B. Moore Avenue is undergoing rapid, drastic changes. It has already transformed significantly over the last couple of years and several more projects are under construction and in the pipeline.
We told you about the 88-unit, mixed use building rising on the northeast corner of the intersection. A 24-unit, mixed-use building that we told you about in July of 2019 is nearly completed just south of the intersection at 1633-39 N. 2nd St. The owners of 1647 N. 2nd St. on the southeast corner of the intersection are currently working on converting the building into a restaurant. There’s a proposal for a 32-unit project at 1731-39 Tilghman St. That site has already been cleared in anticipation of construction. A 110-unit project with 2 commercial spaces was also recently granted a variance by the ZBA at 1801 N. American St. One of the two retail spaces will front 2nd. St. just north of Cecil B. Moore. Believe it or not, there are more projects right around here, but I think you get the picture.
How do you feel about all of the development happening around 2nd and Cecil B Moore? What type of retailers would you like to see move into some of these new commercial spaces?
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