A recent site visit by Philly YIMBY has noted that construction continues on the exterior of a 13-story, 355-unit building under construction at 200 Spring Garden Street (also known as 200-24 Spring Garden Street) in Northern Liberties, Lower North Philadelphia, where the assembly of the steel frame is approaching its highest point. Designed by Handel Architects and developed by National Real Estate Development and the KRE Group, the building will rise 177 feet to the top of the bulkhead (or 149 feet to the main roof) and offer nearly 298,668 square feet of residential space, 18,187 square feet of retail, an expansive roof deck, parking 106 cars and 116 bicycles, and a landscaped public walkway to the west of the tower. Permits list Hunter Roberts Holdings as the contractor and specify a construction cost of $76.4 million.
The development rises at the southwest corner of Spring Garden Street and North 2nd Street, just to the east of Interstate 95. To this moment, the centrally located, transit-accessible area remains vastly underdeveloped, and persists as the domain of parking lots and sprawling structures home to commercial space, warehouses, and light industry. However, change is finally coming to the neighborhood; more similarly scaled projects are planned on the blocks immediately to the south; the pedestrian promenade on the west side of 200 Spring Garden Street follows the path of North American Street, to which developers hope to connect the walkway at some point. More large-scale projects are also underway throughout the neighborhood.