According to Naked Philly (which is owned by OCF Realty, the broker on the sale of this property), a development of 50 rowhomes will go up on Point Breeze Avenue where an old print shop currently stands. The low rise warehouse already has demolition permits, and the development only needs one zoning variance in order to go through.
The homes are planned to be sold at the market rate, and include three bedrooms, two full bathrooms, and three half bathrooms (one wonders why they need so many bathrooms, but that's the plan.) There will be no parking built as part of the development, which is likely to be a point of contention.
Thought it's a very complex development, only one zoning variance is required: the property is currently zoned as an industrial site and needs to be reclassified in order for the developer to build residential units.
· 50-home development being proposed for Point Breeze – biggest in decades [Passyunk Post]
· Holy Smokes: Fifty Homes Planned for 20th and Wharton [Naked Philly]