A brand new apartment building has opened up adjacent to Temple University’s campus. The new building is called Diamond Green Apartments and is at 10th & Diamond Streets, just to the northeast of campus, across the street from the Temple football practice facility, Chodoff Field, and a short walk from the Temple University regional rail station. Diamond Green is a collaboration of Orens Brothers Real Estate, Mosaic Development Partners, and Metamorphosis Community Development Corporation.
The building has 92 apartments and room for potentially 350 beds in a five-storey building, although the apartments begin on the second floor. The exterior of the building is clad with paneling and large, staggered windows. There are 83 four-bedroom, 2 bathroom suite units renting for $700 per month and 9 two-bedroom , one bath units renting for $800 per month, available now and mostly rented. Units are furnished with twin beds, dressers, a desk and chairs, a sofa, a table, and a flat screen TV in the living room. There are, also, balconies in most units. The building has internet, cable, and Wi-Fi throughout. The building includes laundry facilities, lounge areas and game rooms, a fitness center, bicycle racks, a 24-hour front desk person, and some parking. The first floor has retail space in the front, on 10th Street, and the north side, on Diamond Street, and the entrance and lobby are on 10th Street. According to Jonathan Orens, of Orens Brothers, the retail will include a deli or convenience store, possibly a pizza shop, a possible restaurant or cafe, and an office or mini-station for the campus police on the Diamond Street side. Additional security features include security cameras and extensive exterior lighting. The building is accessible to Temple’s Owl Loop shuttle service to campus.
This is a major improvement for this neighborhood, bringing much needed retail to this corner of the campus. This development joins the redevelopment of the Norris Apartments highrise, by the Philadelphia Housing Authority, into low-rise townhouses next door. Those townhouses are affordable housing, but are intended mostly for lower middle class residents (and all residents of this, and other new PHA developments, must pass a criminal background check, as those with recent criminal records are not allowed to live in newly built PHA communities). On the other side of the SEPTA tracks is a new five-storey neighborhood apartment building under construction called Paseo Verde, which will have additional retail next to the Temple rail station. Also, east of the SEPTA tracks, the Ludlow neighborhood has been largely rebuilt with affordable townhouses for the lower middle class. Diamond Green will be mostly for students, but will likely have some working class residents from the surrounding neighborhoods. This is a lot of new, modern housing for a once derelict neighborhood for students and working class residents alike, as well as, the retail that this area needed. Other developments that include retail, on or near Temple and Diamond Green Apartments, include a parking garage at 11th Street and Montgomery Avenue, the mixed-use redevelopment of the Wanamaker School site at the same intersection, and Morgan Hall at Broad Street and Cecil B. Moore Avenue (which I wrote an article about a few weeks ago).
If you are interested in buying or selling a home or investment property in the quickly developing, but still affordable, neighborhood around Temple then please contact me at Gabriel.email@example.com or check out my Facebook realtor page, Gabriel G. Philly Realtor or my twitter page, @GabrielGPhilaRE. You can, also, check out my Long & Foster agent portal, here, or our Long & Foster Philly Center City office, here. You can find out more about Diamond Green Apartments at their website, www.diamondgreenapts.com, and check out this cool time-lapse video of the construction and my pictures, below.