Partial permits have been issued for the Fishtown Power Plant Redevelopment, a mega-project planned at 1325 Beach Street in Fishtown on the Delaware River waterfront. The development includes a renovation of the Delaware Generating Station, a closed and abandoned power plant where construction work is already in progress, and a two-study addition atop the structure, for a combined 284 residential units inside. The permits were issued specifically for the addition, as renovations have already been underway for some time. The two additional floors will hold 68 residential units within 49,260 square feet of space. Construction costs for this portion of the project are estimated at just under $8 million.
Delaware Generating Station
Philadelphia YIMBY’s month-long First Anniversary Countdown, which looks at the most frequently mentioned article categories over the course of the past year, makes it past the one-third-of-the-way mark as it finds the neighborhood of Fishtown at the 20th place, with a total of 40 category tags. It is hardly surprising to see this well-known, long-running development hotspot among last year’s top 20 most frequently mentioned categories. If anything, it is impressive that the increasingly built-out neighborhood is still churning out new development at such a consistent rate even after more than twenty years of steady growth.
Permits have been issued for a residential conversion for the iconic Delaware Generating Station, located at 1325 Beach Street on the Delaware River waterfront in Fishtown. The project calls for alterations to the massive abandoned structure and creation of 216 rental residential units. The renovation area will span 235,204 square feet of space. The construction cost is listed at $29,671,303.