A large new residential and retail development is being built in the Franklintown neighborhood, adjacent to and north of the Ben Franklin Parkway. The new development is called The Granary, because it includes a renovated grain silo that dates back to the nineteenth century, when this quarter of the city was a heavily industrial area. The Granary will redevelop most of the block at 19th & Callowhill Streets and is expected to be finished sometime in 2013.
This new development is being built by Pearl Properties and designed by DAS Architects. It consists of 227 rental apartments, in a new eight-story building and in the original granary, and will have 20,000 square feet of retail all along the ground floor on Callowhill Street, right across the street from the soon-to-be-expanded Central Library, and underground parking. The original granary was long ago renovated into an office for an architectural firm on the top floors. The firm vacated the building several years ago.
The apartment units will have stainless steel appliances, granite countertops, hardwood floors, and washers and dryers in each unit. The building itself will have a lounge, library, fitness center, club room with an outdoor terrace, pet daycare center, storage units, rooftop deck, business center, doorman, and a concierge service. The original granary will only have apartments on the top floors. The rest of the building will have to remain vacant, meaning the penthouse apartments will be unique for the area.
This new development is recreating an important site in Franklintown. It is catercorner to the new Barnes Foundation museum and across the street from a shopping center that includes Whole Foods. It is around the corner from the CityView Condominiums, where Condo Shop has an office, and as I mentioned earlier, it is across Callowhill Street from the Central Library, which will soon be expanded and will likely have a courtyard on Callowhill. As if all that isn’t enough, there is a nice neighborhood park around the corner on 19th Street. North of that park is the parking lot of the Museum Towers apartment building, which is slated to have a new highrise building built on it soon. So, The Granary development helps tie together several important institutions and spaces with modern housing and new retail for the neighborhood.
If you are interested in buying or selling a home or investment property in this interesting neighborhood, 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, and our Long & Foster Philly Center City office, here. And, I have a link to the Pearl Properties website here, that explains The Granary, and pictures of the site below.