709 Chestnut Street (aka 709-13 Chestnut Street). Credit: Edry McHenry Architects

The 20th Place on Philadelphia YIMBY’s December Countdown Goes to 27-Story Tower Planned at 709-13 Chestnut Street in Market East, Center City

The 20th place on Philadelphia YIMBY’s December 2021 Development Countdown goes to the 317-foot-tall, 27-story residential high-rise proposed at 709-13 Chestnut Street in Market East, Center City. Designed by Edry McHenry Architects and developed by the Parkway Corporation and Roseland Properties, the building will replace a parking lot on the north side of Chestnut Street between 7th and 8th streets and will offer 278 market-rate single-family units. Although the proposal was well-received by both the City’s Planning Commission and the Civic Design Review Committee upon its reveal in 2018, no construction permits have yet been filed and YIMBY’s recent site visit revealed no signs of ongoing work at the still-operational parking lot.

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400 West Elm Street. Credit: JDAVIS

The Town, the Suburb, and the Urban Spirit: a Detailed Look at 400 West Elm, 13-Story, 348-Unit High-Rise Underway at 400 West Elm Street in Conshohocken, PA

Earlier this month YIMBY shared the news of developer Equus Capital Partners announcing the start of development on 400 West Elm, a 13-story, 348-unit residential high-rise at 400 West Elm Street in Conshohocken, PA, three miles to the northwest of Philadelphia. Designed by JDAVIS, the building will rise on the Schuylkill River waterfront, just to the northwest of the Conshohocken Station of SEPTA Regional Rail. Equus, in partnership with USAA Real Estate, have closed on a joint venture and first round of financing. Construction prep is currently underway at the site, with McDonald Building Co. as the contractor. Today we take a detailed look at the development and what it means for the spirit and ambitions of the rapidly growing town.

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Rendering of 1324-38 Frankford Avenue

Permits Issued for 20-Unit Building at 1324-38 Frankford Avenue in Fishtown, Kensington

Permits have been issued for the construction of a 20-unit mixed-use condominium building at 1324-38 Frankford Avenue in Fishtown, Kensington. The new building will rise four stories tall and will feature commercial space at the ground floor. A roof deck and a green roof will be situated at the top. The structure will span a total of 21,472 square feet of space.

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300 North Christopher Columbus Boulevard looking south. Image by Handel Architects

The 21st Place on Philly YIMBY’s December Countdown Goes to 24-Story Tower Proposed at 300 North Christopher Columbus Boulevard in Northern Liberties

The 21st place on Philadelphia YIMBY’s December 2021 Development Countdown goes to the 315-foot-tall, 24-story tower proposed at 300 North Christopher Columbus Boulevard in Northern Liberties. Designed by Handel Architects and developed by The Durst Organization, the 316-foot-tall tower will feature 10,094 square feet of ground-level retail as well as a new public park as part of the development. The site is located on the Delaware River waterfront a block to the north of the Benjamin Franklin Bridge, on the border between Northern Liberties to the north and Old City to the south.

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735 Arch Street. Credit: Parkway Corporation

Parking Lot Available for Nearly 200,000-Square-Foot Development at 735 Arch Street in Market East, Center City

Developer Parkway Corporation is looking to redevelop a 39,564-square-foot parking lot at 735 Arch Street in Market East, Center City, into a building that may yield 197,820 square feet with a floor-to-area ratio of 5:1. No permits have been filed for the site nor have any specific proposals, if they exist, been revealed to the public. It appears that Parkway is currently seeking a development partner or anchor tenant, given that the parcel is listed in its “opportunities” section. The lot is situated within a Federal Opportunity Zone, an economic development program that encourages investment in specially designated “distressed areas” by providing major tax incentives to developers.

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