Groundbreaking

4300 Ridge Avenue. Credit: Method Co. and Morris Adjmi Architects

Groundbreaking Held for 142-Unit Rental Development at 4300 Ridge Avenue in East Falls, Northwest Philadelphia

8:00 am on September 29, 2021 By Vitali Ogorodnikov

The development boom on the East Falls waterfront continues unabated with the start of the construction on a major residential development near the left bank of the Schuylkill River. Method Co. and Cimbra Partners have recently announced the groundbreaking of a five-story, 142-unit rental development at 4300 Ridge Avenue. Designed by Morris Adjmi Architects, the 135,000-square-foot complex will feature a wide array of resident amenities, while 10,450 square feet of retail and a public art installation, undertaken in conjunction with the city’s Percent for Art Program, will enliven the pedestrian experience.

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Station Square at 308-16 West Chelten Avenue. Credit: Tester Construction Group

Groundbreaking Ceremony Held at Station Square at 308-16 West Chelten Avenue in Germantown, Northwest Philadelphia

7:30 am on August 7, 2021 By Vitali Ogorodnikov

During Philadelphia’s period of rapid growth in the late 19th and early 20th centuries, much of the development in the city’s outer neighborhoods and in the suburbs was driven by the city’s expansive regional rail network. Today the trend is seeing a revival as a number of large developments are currently in progress near various regional rail station across the city and the metropolitan area. One among these is Station Square, a five-story, 49-unit mixed-use development underway at 308-16 West Chelten Avenue in Germantown, Northwest Philadelphia. The site sits across the street from the Chelten Avenue Station of the SEPTA Regional Rail. On July 21, 2021, developers Zatos Investments and R+M Development, as well as contractor Tester Construction Group LLC, celebrated the groundbreaking of the building, officially marking the start of construction.

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Sharswood Ridge. Credit: The Philadelphia Housing Authority / Mosaic Development Partners / SHIFT Capital

Groundbreaking Held for Sharswood Ridge, a 234,000-Square-Foot Mixed-Use Development in Sharswood, North Philadelphia

8:00 am on October 17, 2020 By Vitali Ogorodnikov

A groundbreaking was held on October 14 for Sharswood Ridge, a 234,000-square-foot mixed-use development at 2077 Ridge Avenue in Sharswood, North Philadelphia. Developed by Mosaic Development, SHIFT Capital, and the Philadelphia Housing Authority, the project aims to revive one of the city’s most distressed neighborhoods with new opportunities for housing, shopping, and employment.

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