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High rise apartment tower proposed for Walnut Street in Philly

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Another high-rise could come west of Walnut Street, according to renderings recently submitted to the Philadelphia City Planning Commission.

The plans show a 12-story apartment complex with ground floor retail, underground parking, and space for rooftop amenities. The parking lot at 2301 Walnut St. is now a flat parking lot. Recently closed Rite AidA zoned CMX-4, however, is a very forgiving category, with a great deal of density and height.

” read more: Rite Aid is closing another Philadelphia store. This time it’s on Walnut Street. It’s the 7th time in a year.

The developer is listed as Dallas-based Trammell Crow Co., with a prominent local firm, BLT Architects, responsible for the design. The building has 172 residential units, 32 underground parking spaces, 8,186 square feet of retail space, and 5,000 square feet of public space.

“The cityscape is charming, but the building itself is not original,” said Richard Gross, president of the Center City Residents Association. “But it’s way better than Rite Aid.”

According to Gross, Trammell Crow contacted neighborhood groups and Community Benefit Agreementalthough the developer is not asking for zoning differences for the project.

The land is owned by Patriot Parking, Inc., a company that owns and operates surface parking lots and garages throughout Center City. President Richard Zegibe declined to comment.

” read more: Proposed 10-story condominium inside a townhouse on Walnut Street

Trammel Crow also declined to speak directly about the plans.

“I am unable to comment specifically on 2301 Walnut.” We are thrilled to have them coming for us in that area.”

This section of Walnut Street is currently attracting a lot of development interest. A 10-story, 29-unit condominium apartment located one block east of the former Rite Aid. Proposed at 2204 Walnut St.However, you need permission from the Historical Commission to proceed. At a committee meeting on Friday, the matter was brought forward for consideration next month.

Across from the proposed condominium building, The Philadelphia Business Journal reports: Sunoco is rumored to be a target for high-rise redevelopment By freshly completed developer Carl Dranoff South Broad Street arthouseIf both the gas station and the former Rite Aid are redeveloped, it could be the conversion of the two auto-focused Center City operations to more urban uses.

“We have great confidence in the city’s growth,” says Gross. “This may be a sign that the pandemic is receding. At least in Center City, it’s finally back.”

” read more: Philadelphia’s multi-million dollar housing market is booming

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