Developers are again pushing to build a mixed-use apartment
complex in a long-vacant corner of Old City. Brown Hill development unveiled
its site plans to the Historical Commission, which will review the project Tuesday,
according to Plan Philly.
The latest iteration of the long-discussed plan includes 148
rental units, 28 parking spaces, 51 bike parking spaces, and more than 14,000
square feet of commercial space on the ground floor. This is the third attempt
to develop the site and Plan Philly said the developers already have applied
for a building permit.
According to the site plan, the building will be 51 feet
tall along Race Street and rise to 197 feet along 2nd Street. The apartments
will be a mix of studios and 1- and 2-bedroom units.
The commercial spaces will be accessible for loading and
trash pick-up on Florist Street, which runs alongside the Benjamin Franklin
Bridge, so glass storefronts will wrap the length of the project on 2nd Street
and Race Street.
The developers plan to claim a bonus for mixed-income
housing, so some of the units will be affordable to individuals making 80
percent of Area Median Income. (An individual meeting this affordability
criteria would make around $44,000 a year.)
Source: Philadelphia
Business Journal
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