Permits have been issued for the construction of a new multi-family development located at 1003 West Dauphin Street in North Philadelphia East. Once completed, the new building will stand three stories tall, with an access structure and roof deck at the top. Inside, there will be five residential units, all slated to be apartments. In total, the building will yield 4,930 square feet.
Unfortunately, there aren’t any renderings or diagrams available for the project, so its appearance is still largely up for speculation. However, when observing other similarly-scaled and financed projects in the surrounding neighborhood, it is very likely that the building’s street-facing facade will be comprised of a hybrid usage of brick and metal panellng. Most likely, there will be brick at the ground floor with heavier panel use on upper floors, perhaps even with a bay window.
Unsurprisingly, this project is replacing what is currently a vacant lot, following a similar storyline to almost every other new development project in this area. This section of North Philadelphia unfortunately bore a heavy brunt of the urban exodus of Philadelphia in the later half of the 20th century, leaving many blocks riddled with vacant lots. Fortunately, the tides are greatly turning, and residential land uses are returning en masse, with most project bringing multiple units to lots formerly occupied by none.
This lot is nothing too different from any other. It is a grassy patch of land with some small trees growing. The lot is one of many vacant properties still present in the block, though it is likely that this property will be the first of many to turn over in the coming years. The pot’s location is strong, with Temple University just a few blocks to the south s d prime transit/commercial access to Broad Street not too far to the west.
No completion date is known for the project at this time.
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How much did they pay for that lot?
More importantly, how much will the rental costs be?