Developer Jonathan Weiss, of Equinox Management & Construction's plan to build 20 residential units on 18,000 square feet of city-owned vacant land in Francisville was approved last week by the Philadelphia City Planning Commission. The site is located on the 1700 block of Folsom Street across from the Francisville Recreation Center. It contains four standing single family homes, which are not part of the deal.
Weiss' plan for the neighborhood includes two multi-family buildings and 21 single-family units, 11 car parking spaces and 30 bike parking spaces, green roofs, solar panels, and energy-efficient materials. The units will be market- rate and mixed- income, primarily marketed to families earning the area median income of $64k a year. Weiss hopes to officially acquire the land in April or May and begin construction immediately, with units on the market by Fall.