Permits have been issued for the construction of a mixed-use tower at 1021 North Hancock Street in Northern Liberties, North Philadelphia. Designed by DIGSAU, the building will stand 15 stories tall, with commercial space situated on the ground floor and 280 apartments above. In total, the new tower will hold 231,021 square feet of space, and cost an estimated $24 million to build. The tower is being developed by Post Brothers, which is also developing the massive Piazza Terminal complex across the street, which will bring more than 1,000 residential units to the area. The company also owns the Piazza across the street in the other direction, and are planning more developments nearby.
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.