MMPartners announced last February that they have closed a construction loan to build their North 28 condo project. North 28 is a new construction 15-unit building with 15 gated parking spaces located in Brewerytown at 1238 N 28th street, 1/2 block north of Girard Avenue. The developers are looking to finish the project by the end of this summer. A speedy construct is made possible by assembling the prefabricated units off site. The 15 units will consist of three one-bedroom condos as well as 12 two-bedroom units designed by JKR Partners. The condos have been approved for both sale and rental; 1-bedrooms listed in mid $100ks, 2-bedrooms mid $200ks. Rentable units will be price anywhere between $900 and $1,450 per month.
Developer: MM Partners
Architects: JKR Partners
Land Purchase Price: $175,000
Land area: 14,867 SqFt
Location: 1238 N 28th St. Brewerytown
Completion date: Late Summer 2011