September 3rd, 2015

A 27 Home Project Could Be Coming to Fairmount.

http://www.ocfrealty.com/naked-philly/northern-liberties/another-no-libs-warehouse-going-twenty-seven-homes-coming

http://www.ocfrealty.com/naked-philly/northern-liberties/another-no-libs-warehouse-going-twenty-seven-homes-coming

 

By: Jarek Cotto

Vacant lots and unused industrial spots are abundant in Northern Liberties. There never seems to be a shortage of places to build around here. 312-30 Fairmount Ave. is one of the latest projects from developer David Perlman who proposed 27 homes, each with parking last month to the NLNA. One major piece of feedback received was to cut the height of the homes down to 38 feet.

There are a few old warehouse buildings on Fairmount Ave. and 4th St. that are included with this property. According to OCF Realty, “members of the NLNA wondered whether developers could salvage one section, a brick element of the property on the east side that includes carriage doors that run nearly to the top of the building. Adaptive reuse would certainly be an attractive aesthetic, but we’re not certain that approach would work for this project.”

http://www.ocfrealty.com/naked-philly/northern-liberties/another-no-libs-warehouse-going-twenty-seven-homes-coming

http://www.ocfrealty.com/naked-philly/northern-liberties/another-no-libs-warehouse-going-twenty-seven-homes-coming

We expect Perlman to reappear in front of the NLNA soon with some tweaks to the plan. This time around, the changes are going to be much less significant than the last time this property came before the community. Developers from the Klein Company proposed a 108-unit project here last spring. A 27 home project is a major difference from one involving 108 apartments.

http://www.ocfrealty.com/naked-philly/northern-liberties/another-no-libs-warehouse-going-twenty-seven-homes-coming

http://www.ocfrealty.com/naked-philly/northern-liberties/another-no-libs-warehouse-going-twenty-seven-homes-coming

Industrial use is moving out of the area while residential is on the rise. When a project finally is approved here, it will join a number of new projects occurring right now at the bottom of the block, along North 3rd like Bellagio project, nine new homes on the 600 block of N. 3rd Street. Another is a Perlman project down at the northwest corner of 3rd & Brown where five new homes have been built. Last but certainly not least is the biggest project in the area, the conversion of the Transatlantic building on the 400 block of Fairmount and a bunch of new homes around it. We don’t see construction coming to a halt here any time soon.

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