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welcome to Northern Liberties

A long vacant (and long for sale) lot in Northern Liberties should soon be transformed into three new homes. Shimi Zaken of Atrium Design will be designing these homes at 425-433 Brown St.

Vacant lot

Sign has seen better days

The owner/developer is David Reuter, who we believe is a partner at a local private equity firm. Reuter, along with two partners, purchased these lots for $400K a few months ago. According to the zoning application, the three homes planned for this lot will all be different. One home will rise over 54′ high and will have roof decks and two car parking. The second home will only rise 44′ high and will also have roof decks and two car parking. The third home will only be 35′ high. Kind of an interesting choice, no?

In recent weeks, we’ve covered several development in Northern Liberties. These include a six story mixed-use building at 2nd and Brown Sts., two new homes that will soon rise on Lawrence St., seven new homes that will be built on American and Bodine Sts., and a couple of ongoing projects right near the intersection of 4th and Brown Sts., across from Honey’s Sit n’ Eat. In case you couldn’t tell, demand is sky high in this area. Or at least developers seem to think so. With most larger, more desirable lots being snatched up and developed these days, it won’t be long now before there’s no more room to build in the neighborhood.

And then it will be on to Kensington! And Fishtown! Huzzah!

 

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COMMENTS
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Posted in Northern Liberties | Tagged , , , , | 5 Comments
  • 3rd&Brown

    I’ve seen the renders of these houses. They’re going to be incredible. Essentially, 3 custom homes for 3 different buyers (already secured), with ample space (incredible amenities) and huge backyards. From, what I understand, all of the buyers have young families and want to stay in the city to raise their kids, i.e. want more space, but don’t want the traditional homes you see smattered all over the place elsewhere in Philadelphia. Hence the choice of Northern Liberties.

    A number of the other remaining large lots are also under contract and have presented development proposals to the NLNA recently.  The lots on the east side of 3rd, North of Green and South of Fairmount, as well as the lots on the east and west sides of Lawrence just north of Brown, around the corner from this development.

    There are probably only 10ish sizeable lots left in the core of the neighborhood.

  • 3rd&Brown

    I’ve seen the renders of these houses. They’re going to be incredible. Essentially, 3 custom homes for 3 different buyers (already secured), with ample space (incredible amenities) and huge backyards. From, what I understand, all of the buyers have young families and want to stay in the city to raise their kids, i.e. want more space, but don’t want the traditional homes you see smattered all over the place elsewhere in Philadelphia. Hence the choice of Northern Liberties.

    A number of the other remaining large lots are also under contract and have presented development proposals to the NLNA recently.  The lots on the east side of 3rd, North of Green and South of Fairmount, as well as the lots on the east and west sides of Lawrence just north of Brown, around the corner from this development.

    There are probably only 10ish sizeable lots left in the core of the neighborhood.

  • Anonymous

    There really aren’t a whole bunch of lots to be developed in Fishtown as most of that neighborhood is intact.

  • me

    The neighborhood ok’ed a 54′ house?  I find that hard to believe.

  • 3rd&Brown

    I don’t remember the 54′ tall house. I do remember that the houses are for the most part, much wider than standard…maybe 20′-35′ (I think they go short->tall from west to east). They’re completely different in their sizes and layouts, as they’re being developed for 3 entirely different customers (i.e. it’s not cookie-cutter). The only thing which is similar among them is the aesthetic. I don’t think any of the houses are higher than 3 floors; if anything, I remember 1 of them being only 2 floors. This is a huge lot…a lot that other developers would probably try to put 6 houses on. It’s only going to have 3. I even remember that one or more of the houses would have side yards in addition to very large rear yards. I think that even with garages, most of the homes had other (multiple) windows at ground level with front doors, to give you an idea of width…In other words, whereas most city homes with garages have all of the living space accommodated on the 2nd floor as a result of having a garage, I distinctly remember all of these homes having full living, dining, kitchen, and even family rooms on the first floor, with outdoor decks/terraces (multiple in some cases) to transition between the homes and the yard spaces. Now, if only I could afford one.

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