Permits have been issued for the construction of a 20-unit multi-family building at 5900 Germantown Avenue in Germantown, Northwest Philadelphia. The new building will rise five stories tall and will feature a cellar, a roof deck, and bicycle storage. In total, the building will hold 20,634 square feet of space, with construction costs estimated at $3.25 million.
The new building will replace a vacant lot, one of a small number along this stretch of Germantown Avenue. A wooden fence enclosed the property, which consists of a trash-strewn patch of grass. The site sits at a prominent location, at the intersection of Germantown Avenue and West Rittenhouse Street, seeing many passersbys on a V basis.
The new development is a certain improvement over the existing conditions of the property. Germantown Avenue is one of the city’s longest and most prominent commercial corridors, and a vacant site does nothing to improve the street or to support the many businesses along it.
The property sits within a short walk from downtown Germantown and regional rail (the Chestnut Hill West Line), surrounded by some of the most elegant and historic architecture in the city. Given the desirable location of the site, it is likely that the new building will prove highly successful.
No completion date is known for the project at this time, though construction may vbe finished by 2022 or 2023.