"The Modules" apartment complex is a sleek new addition to the lower North Philadelphia landscape, setting the bar high for new innovative multifamily dwellings west of Broad Street. Following architectural styles seen in Northern Liberties and the new dormitories at Penn and Temple, the Modules is definitely adding to a wave of contemporary architecture in Philadelphia. Located at 1417 N 15th street, developers Carlisle Street Partners ambitiously aimed to design the first green building in the Temple University area sporting a roof deck and bicycle garage. The building is marketed to Temple University students as a means of off campus housing.
We posted earlier that as part of Temple University's expansion plans, a renovation of McGonigle Pearson Hall was needed to house Division 1 Basketball practice facilities, intramural and recreational sports facilities, exercise/yoga rooms, contemporary weight/workout rooms, classrooms, retail at street level, offices and other programatic areas. The activities now located in the Student Pavilion will be relocated to the new complex. The renovation and additional 140,000 SF to the existing 225,000 SF will cost the university over $48 million. As of now, foundation construction has been completed and steel is being erected.
To celebrate the growing rate of residential development in and around Philadelphia, we at PhillyShark have decided to track down recently completed projects and those under construction throughout the city. We believe that awareness and exposure are key to fostering excitement and enthusiasm in a growing development market.
Next up is Temple Nest Apartments located at 1509-1511 N 15th Street. The project features new construction 2&3 Bedroom Luxury Apartments, with a building area of over 9,000 sqft. The original lot size at purchase was 1400 sqft each. The owners, Temple Nest III LP have several properties in the Temple neighborhood and are dedicated to provided quality housing in North Philadelphia. Check it out at templenestapts.com
Beech International Apartments, located on the corner of 16th Street and Cecil B. Moore Avenue has been making significant progress as it nears its completion date set for Fall 2011. Agoose Lovera Architects designed the building to house Temple's growing international student population, helping to fill in the blight along Cecil B. Moore Avenue. It will feature 100 residential units with retail on the ground floor. The developers are Beech Interplex Companies which was founded by the William Penn Foundation and works in public and private partnership to redevelop North Philadelphia. Beech Interplex previously developed Oxford Village, a successful student housing complex along North 15th Street.
At last Wednesdays meeting of the Philadelphia Art Commission attendees were presented with the latest designs for a substantially reworked Dilworth Plaza from the Center City District. Plans were thankfully approved by the commission allowing this much needed renovation to come closer to completion. project funding will come from a number of sources. $15 million from a Tiger Grant, $15.5 million RACP, $4-5 million SEPTA, $5 million from the City, $9-10 million from 3 foundations, and $20 million from a tax-exempt PNC Loan. Construction is expected to start before the end of the year, given the Planning Commission's approval of all design aspects in a timely manner.