Reed Street Builders LLC

1148-62 Frankford Avenue. Rendering credit: OOMBRA Architects

Construction Imminent at Mixed-Use Complex at 1148 Frankford Avenue in Fishtown

8:00 am on March 14, 2022 By Vitali Ogorodnikov

Philadelphia YIMBY’s recent site visit reveals that construction appears imminent at the site of the five-story, 59-unit mixed-use development proposed at 1148 Frankford Avenue in Fishtown, Kensington, as our recent site visit shows. Also known under its full address of 1148-62 Frankford Avenue, the project will span 42,100 square feet and will include a renovation and retail conversion of the 19th-century Kensington National Bank as well as construction of a five-story apartment building at the site of the bank’s parking lot. The Wells Fargo Bank branch currently situated in the existing building will be relocated to the new structure. Designed by OOMBRA Architects, the development will include 20 parking spaces for commercial customers, elevator service for residents, 20 bicycle spaces, and a roof deck. Permits list Wells Fargo Bank as the owner and Reed St. Builders LLC, and a construction cost of $9.25 million.

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2501 Oakford Street. Credit: Stanev Potts Architects

Renovation Underway at 2501 Oakford Street in Grays Ferry, South Philadelphia

8:00 am on February 6, 2022 By Vitali Ogorodnikov

Renovation work has made significant progress at the renovation of a former clothing factory and warehouse at 2501 Oakford Street in Grays Ferry, South Philadelphia. Designed by Stanev Potts Architects, the project adds a fifth floor to the hulking, dilapidated four-story structure and converts the interior into 54 residences and artist studios. The 8,397-square foot addition will boost the 52,420-square-foot structure to a total of 60,817 million, at a cost of $8.5 million in construction work. Permits list 25th and Oakford LLC as the owner and Reed Street Builders LLC as the contractor. Philly YIMBY’s recent site visit has revealed that significant progress has been made on the renovation, and the structure appears on track toward completion some time this or next year.

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