Residential

Current view of 20-46 East Armat Street. Credit: Google.

Permits Issued for 47-Unit Building at 20-46 Armat Street in Germantown, Northwest Philadelphia

Permits have been issued for the construction of a mixed-use building at 20-46 East Armat Street in GermantownNorthwest Philadelphia. Upon completion, the building will rise four stories tall. The ground floor will be home to a new commercial space, while the upper floors will hold 47 residential units. In total,  the building will contain 45,554 square feet of space. Olney Construction is listed as the contractor. Construction costs are estimated at $7 million.

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Rendering of 412 North 2nd Street. Credit: Morris Adjmi Architects.

Demolition Imminent at Site of 23-Story Tower Proposed at 412 North 2nd Street in Northern Liberties, Lower North Philadelphia

The 27th place on Philly YIMBY’s December 2021 Development Countdown goes to the 260-foot-tall, 23-story residential tower planned at 412 North 2nd Street in Northern Liberties, Lower North Philadelphia. The development will rise between 2nd, Callowhill, and Willow streets in the southeast corner of Northern Liberties, near the Delaware River waterfront and a block north of Old City. Designed by Morris Adjmi Architects and developed by National Real Estate Development, LLC, (aka National Development) and The KRE Group, the tower will offer 397 residential units, 20,431 square feet of retail, and 105 parking spaces. Although demolition permits have recently been filed, our recent site visit that demolition has not yet begun.

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Riverwalk. Credit: PMC Property Group

Facade Nearly Finished at Riverwalk South at 60 North 23rd Street in Center City West

Facade work is nearly finished at Riverwalk South, a skyscraper that is under construction at 60 North 23rd Street in Center City West. The main portion of the structure is currently topped out at 32 stories, and the building will soon reach its full height of 362 feet. Designed by Gensler and developed by the PMC Property Group, the building, which stands next to the Schuylkill River, is part of the two-towered Riverwalk complex. The development is part of a new hub of high-rise buildings that will soon form a cluster along Market Street and near the river, with most projects featuring residential programming. The two new towers symbolize the new high-rise growth that is destined to dominate the area in the near future.

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