Conversion

The Terrace on 18th at 1776 Benjamin Franklin Parkway. Credit: Pearl Properties

Residential Conversion Complete at The Terrace on 18th at 1776 Benjamin Franklin Parkway in Logan Square, Center City

A recent site visit by Philadelphia YIMBY revealed that residential conversion work appears to be complete at The Terrace on 18th at 1776 Benjamin Franklin Parkway in Logan Square, Center City. The 267-foot-tall, 27-story high-rise was built in 1964 and previously known as Embassy Suites Philadelphia Center City. The development was gradually overhauled over the course of the past year from hotel into a 288-unit rental apartment building, and upon our site visit the development appeared as complete, with no visible of signs of construction remaining. The Pearl Properties website indicates that the building is currently available for lease.

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Rendering of 1221-25 North 4th Street. Credit: Continuum Architecture.

Permits Issued for Renovation and Expansion at Engine 29 Firehouse at 1221-25 North 4th Street in Olde Kensington

Permits have been issued for the 29-unit renovation and expansion at the Engine 29 Firehouse, located at 1221-25 North 4th Street in Olde Kensington. The existing building stands three stories tall, while the new addition to the rear will rise five stories. The ground floor of the existing firehouse will be renovated to create commercial space, while the upper floors will be converted into nine residential units. Designed by Continuum Architecture, the new addition will allow the development to include an additional 20 residential units and parking space. The project will include parking for 14 cars and 15 bicycles.

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Rendering of Generating Facility after residential conversion.

Permits Issued for Vertical Extension at Fishtown Power Plant Redevelopment at 1325 Beach Street in Fishtown, Kensington

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.

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Rendering of 1209-15 Vine Street. Credit: Cadre Design.

Permits Issued for Vine Street Apartments at 1209-15 Vine Street in Callowhill

Permits have been issued for Vine Street Apartments, a 120-unit large multi-family development located at 1201-15 Vine Street (with an alternate address of 1201-1209 Vine Street) in Callowhill. Designed by Cadre Design, the development involves horizontal and vertical extensions to an existing building at the site. Upon completion, the structure will stand eight stories tall and will include 36 mechanical parking spaces. In total, the building will offer 83,635 square feet of space and cost an estimated $10 million to build.

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