Mixed-use project to bring 113 units to vacant Northern Liberties lot

It looks like a large vacant lot in Northern Liberties across the street from Acme is getting redeveloped.

A Curbed Philly reader alerted us to a recent zoning permit that was issued last week for 1102 N. 2nd Street to demolish all of the property’s existing structures and consolidate the five lots into one. The permit states that there are plans to construct two buildings with 113 residential units and ground-floor retail.

Because the property is zoned CMX-3, the project can be built by-right and did not have to go through the zoning process or meet with Registered Community Organization (RCO), Northern Liberties Neighbors Association.

When reached for comment about the project, NLNA president Matt Ruben said he wasn’t aware of the new development, but that it sounded like a good fit. “I would love to find out what exactly they are planning, although apartments above a commercial [first] floor, and a bunch of bike parking, seems generally right for that location.”

via Google Earth Pro

Here’s how the buildings will break down, via the permit: One building will house 38 residential units from the first through fourth floors. The second, bigger building will be home to 75 dwellings, plus two commercial spaces on the first floor. There will also be an attached garage for 30 cars and 43 bike spaces.

The vacant, triangular lot sits across the street from Acme and was owned by Bart Blatstein’s Tower Investments for some time and remained undeveloped. Earlier this year, NakedPhilly pondered about the site’s future after noticing some folks testing the soil.

According to public property records, Blatstein sold the property to a company called US Capital Investments 3 this past August for $4.5 million.

Have some intel about the developer or project? Our tip line is always open.