Construction is making rapid progress on The Maven, a 28-unit mixed-use development at 1533 Ridge Avenue in Francisville, North Philadelphia. When completed, the building will rise five stories tall and include a commercial space in the ground floor. The units will consist of studios, one-bedrooms and two-bedrooms. Canno Design is behind the architectural work for the project, with Khosla Properties developing it, and Tester Construction taking up the contracting work. The building will hold 23,665 square feet of space and will cost an estimated $3.9 million to build.
Khosla Properties shared pictures of the current site, revealing its progress. Foundations have been poured throughout different sections of the footprint. The first portions of the structure’s skeleton have begun rising, with steel beams currently standing about one floor above ground level. According to the developer, framing work will begin next week.
The project is replacing one of the last remaining developable properties on Ridge Avenue in the neighborhood. It is a common storyline along the stretch with a development project replacing a decaying or vacant property and in the process bringing higher density in residential units and often times a commercial space too. The high quality design of the project will also help add more texture to the Ridge Avenue corridor helping bridge the old, stately buildings on the stretch with the new modern designs.
The project is expected to reach completion in Spring of 2022.