1021 North Hancock Street

1021 North Hancock Street. Credit: DIGSAU

Businesses Continue to Operate at Site of Mercato, 189-Foot-Tall Tower Planned at 1021 North Hancock Street in Northern Liberties, North Philadelphia

Philly YIMBY’s recent site visit discovered no signs of demolition nor construction activity at the future site of Mercato, a 13-story mixed-use building planned at 1021 North Hancock Street in Northern Liberties, North Philadelphia. Designed by DIGSAU and developed by the Post Brothers, the 231,676-square-foot high-rise will feature 280 residential units as well as a retail component at the ground floor. A plaza on Hancock Street will contribute much-needed public space in the rapidly growing neighborhood.

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1021 North Hancock Street (white building) via Post Brothers

280-Unit Tower Proposed at 1021 North Hancock Street in Northern Liberties, North Philadelphia

The Northern Liberties neighborhood of North Philadelphia is seeing a massive surge in residential development. A 188-foot-tall, 14-story high-rise proposed at 1021 North Hancock Street will join a cluster of large buildings in progress in the surrounding area. Despite its relatively modest height, the 231,650-square-foot building will hold 280 residential units, making a massive impact on the area. The development will also feature retail space on the first floor. The building is designed by Philadelphia-based DIGSAU and redeveloped by Post Brothers, which is responsible for the gigantic Piazza Terminal under construction project a block to the north.

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