Construction Tops Out at 721-23 North 16th Street in Fairmount, Lower North Philadelphia
A recent site visit by Philly YIMBY has revealed significant construction progress at a five-story, ten-unit apartment building at 721-23 North 16th Street in Fairmount, Lower North Philadelphia. The structure rises on the east side of the block between Swain and Brown streets, in an area that may also be described as Francisville. Designed by M Architects / Morrissey Design, the project will hold a total of 11,048 square feet of interior space, which translates to an average of around 1,100 square feet per unit. The building will feature an elevator, a cellar, and a roof deck, which will likely offer sweeping skyline views due to the building’s prominent height. Permits list Mountfair Assoc. [sic] as the owner and Regis Development Corp. as the contractor. Construction costs are specified at $725,000.
