Philly YIMBY’s recent location visit has confirmed that construction work is complete at a five-story residential building at 2738 Federal Street in Grays Ferry, South Philadelphia. Designed by Gnome Architects, with GRIT Construction as the contractor, the development will span 23,914 square feet and offer 24 condominiums. Features will include a cellar, balconies in the front and rear of the structure on the second through fourth floors, and a roof deck above the fourth floor. The project will include four accessory parking spaces, one of which will be ADA and van accessible, as well as space for 12 bicycles. Construction costs are listed at $1.4 million.
2738 Federal Street. Photo by Jamie Meller. June 2023
2738 Federal Street. Photo by Jamie Meller. June 2023
In classic Gnome Architects style, 2738 Federal Street is finished in attractive red brick with dark metal accents. The structure is already a positive asset for the block, yet its form is better suited for a dense urban environment and will look better once other new development rises on either side.
The project at 2738 Federal Street rises on the south side of the block between South 27th and South 28th streets, just off of Grays Ferry Avenue. Broad Street, with its SEPTA subway access, runs within a whopping half-hour hike to the east, yet the route 12 and 64 buses run nearby on Grays Ferry Avenue. In addition, University City, particularly its medical hub in the neighborhood’s southern section, is situated within a 20-minute walk across the Schuylkill River to the northwest. The Grays Ferry Crescent Trail Park along the waterfront is located within a 12-minute walk to the northwest, as well.
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