North Central Philadelphia’s housing market has benefited from the expansion of the Center City real estate market and Temple University’s evolution from a commuter school to a residential campus.
This 12-acre site of vacant industrial property is being reclaimed for 600-700 housing units including townhomes, apartments and condominiums. The development team includes the Westrum Development Company, Pennrose/Mellon Realty and Genesis. Construction of the first 144 townhouses on the Acme parking lot are almost complete. Click here for more information.
A new mixed residential and commercial development at Broad Street and Cecil B. Moore Avenue with housing for 1,200 students, 60,000 square feet of retail space and a seven-theater cinema.
Cecil B. Moore Homeownership Zone
The designation of the Cecil B. Moore Homeownership Zone, which will provide 296 units (214 new construction, 82 rehabilitated) of homeownership housing, has had a major impact on both residential and commercial development in this area north of Girard Avenue and adjacent to Temple University. The final phase of 151 units is underway. The developer is Housing Enrichment Renaissance Board (known as HERB CDC) and a joint venture between Michaels Development and OKKS. Click here for details.
Liberties Walk and Former Schmidt’s Site
New construction of 28 apartments, 14 retail shops and restaurants on North American Street: 42 additional units under construction. Contiguous to the proposed Piazza on North 2nd Street, a development of 414 apartments and Schmidt’s 1101-47 N. 2nd St., with 124 apartments and 124 townhouses. Extensive commercial space.
Market Analysis 2001
Market Analysis 2003
Poplar Nehemiah, Richard Allen, Cambridge Plaza and Gladys B. Jacobs Senior Center: new housing souht of Girard Avenue