Another apartment tower is planned for Center City, this time on a site adjacent to the Vine Street Expressway and the Benjamin Franklin Parkway. The tower will be part of the large Edgewater apartment and townhouse complex at 23rd and Race Streets. Edgewater was built on a former parking lot situated on the Schuylkill waterfront and adjacent to the Schuylkill River Park and trail (also known as Schuylkill Banks), circa 2005, by Realen Properties. That development consists of 270 apartments in a 14-storey building covered in gray concrete panels and large windows, with circular balconies, and 20 rental brick townhouses, across a driveway from the highrise building and on 23rd Street. A 675-car parking garage is imbetween the townhouses, partially hidden by them. A small planted garden is at the end of the driveway in the middle of the complex, and the complex has a courtyard and a “bark park”, along the western side, by the railroad tracks.
This new tower, designed by Design Collective, will be built on a parking lot north of the parking garage, at 230 N. 23rd Street, next to the eastbound off-ramp from the Vine Street Expressway where it intersects with 23rd and Summer Streets. Realen had always intended to build on this parking lot, but had waited until the time was right for more housing. It will be called Edgewater II and will be 22 storeys, and 263 feet, tall and have 240 rental units and a total square footage of 300,000 square feet. The outside will have prefabricated panels, mostly on the south side, to match the first highrise building, but will also have large glass windows, mostly on the north side, to match the glass towers of Center City when being viewed from the Parkway or the Expressway. There will be several amenities on the first and second floors, including a clubroom; a gym; and bike storage, as well as, a pool. The apartments will begin on the third floor. The tower will be separated from the garage building by a courtyard, and the first floor will have large glass doors leading to the courtyard and large windows to see it, but there will not be access from 23rd Street, which will have a fence along the sidewalk and a gate only accessible for residences. There will also be green rooves, as well as, a rain garden in the courtyard. There will be no new parking, since the garage was designed to accommodate the parking demand from both towers and the townhouses.
This new tower is a nice shiny addition to the skyline along the Parkway and along Schuylkill Banks. It may provide a niche for housing for those who want to live near both popular locations. It will, also, provide views of the Center City, and University City, skylines on the south side and the Parkway, Art Museum, and Schuylkill River on the north side. It’s not the only construction occurring in the neighborhood, either. There are several luxury townhouse developments being built on 21st and 22nd Streets. There is a new apartment building being built at 1900 Arch Street, and a proposed office building on the northwest corner of the same intersection at 19th & Arch Streets. And, there are potential building sites just down the street from Edgewater, at 23rd & Cherry Streets and 23rd & Arch Streets. North of the Parkway is The Granary Apartments, under construction at 20th and Callowhill Streets. So, this development is a nice addition to a popular and steadily developing neighborhood in Center City. The tower was recently approved by the Planning Commission’s Civic Design Review subcommittee at their May 7 meeting. The subcommittee had to consider allowing the tower to break the 125-foot height limit that was imposed several years ago in neighborhoods adjacent to the Parkway. The height limit was a temporary measure to require developers to submit plans to city agencies and community groups, but for some reason is still in place despite the City’s new zoning code. Since this development received strong support from the Logan Square Neighbors Association, then approval from the CDR subcommittee was swift. The project will have to be approved by the Planning Commission and Zoning Board at a later date, but approval by those city agencies seems almost certain at this point.
If you are interested in buying or selling a home or investment property in this area of the city, or any other area, please contact me at firstname.lastname@example.org or check out my Long & Foster agent portal, here, my Facebook real estate page, Gabriel G. Philly Realtor, or my twitter page, @GabrielGPhilaRE. You can, also, check out our Long & Foster Philly Center City Office, here. And, you can check out the Edgewater website, here, and the website of Realen Properties, here, as well as renderings and my pictures of the site and neighborhood, below.