A recent site visit by Philly YIMBY has revealed that construction is nearly complete at The Onyx, a five-story, 44-unit multi-family rental development at 6618 Ridge Avenue in Roxborough, Northwest Philadelphia. The building spans 48,615 square feet and will include features such as an elevator, a fitness center, a garage, a green roof with a roof deck, and full sprinkling. Permits list Klein & Company Plumbing Inc. as the contractor and a construction cost of $3 million.
Aerial view of 6618-24 Ridge Avenue. Credit: Google.
6618 Ridge Avenue. Photo by Jamie Meller. May 2022
6618 Ridge Avenue. Photo by Jamie Meller. May 2022
6618 Ridge Avenue. Photo by Jamie Meller. May 2022
6618 Ridge Avenue. Photo by Jamie Meller. May 2022
6618 Ridge Avenue. Photo by Jamie Meller. May 2022
6618 Ridge Avenue. Photo by Jamie Meller. May 2022
6618 Ridge Avenue. Photo by Jamie Meller. May 2022
Apartment features include stainless steel appliances, vinyl plank wood flooring, granite countertops, dishwashers, garbage disposal, built-in breakfast bar, soft-close cabinetry, in-unit washer/dryers, and PTAC Climate control in each room. The building is equipped with secured key-fob entry and an intercom system. Pets are allowed per building policy. Rents for currently available units at The Onyx start at $1,200 for studios, $1,575 for one-bedroom units, and $2,000 for two-bedroom apartments.
The Onyx rises next to The Azalea, a similarly-sized development that is also nearing completion, which YIMBY covered yesterday.
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To complete both projects is killing two birds with one stone!
Are these considered affordable housing??
Please explain.