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Tuesday, February 26, 2019

Investment group plans 60-townhouse Philly project along Delaware River

Add another project to the growing list of housing developments going up along the Delaware River lately: this time, it’s a 60-unit rowhome complex.
The project, which is planned for 1121-41 Delaware Avenue, would occupy over 190,000 square feet of space between the avenue and the river, sitting just north of the popular Sugarhouse Casino. Designed by Cecil Baker + Partners, the development would include 60 townhouses, each with four stories, a roof deck, and parking space. Some of the houses would include ground-floor office space, and the whole complex would include 10 spaces for visitor parking, according to plans posted on the Civic Design Review (CDR) website this month.
Shovel Ready LLC, an investment group that’s overseeing the project, will bring the plans to the CDR for review and feedback at a monthly meeting next week.
This is the latest in a series of similar projects that have tapped that portion of the riverfront for development in the last few years.
Just to the north is the Views at Penn Treaty—a luxury development with 19 townhouses—which was sold by Shovel Ready to New York developer Gotham Bedrock LLC in 2017. A few minutes to the south, at 709-717 North Penn Street is Pier 35 1/2, a 41-townhouse development, which was designed by Cecil Baker + Partners. That project was sold to Philly developer Carlos Herrera last fall.

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