Development is everywhere in this section of the city. COMPASS, the Compass logo, and other various trademarks, logos, designs, and slogans are the registered and unregistered trademarks of Compass, Inc. dba Compass in the U.S. and/or other countries.Corporate Responsibility, Privacy & Legal Notices: Compass is a licensed real estate broker, licensed to do business as Compass RE in Delaware, Idaho, New Jersey, Pennsylvania and Tennessee, Compass Real Estate in Washington, DC, Wyoming and Idaho, Compass Realty Group in Missouri and Kansas, and Compass South Carolina LLC in South Carolina. The units will run for about $200,000 for a condo, around $300,000 for a town home and up to $400,000 for a single-family home. There is a true need for affordable new construction units in the neighborhood, and this project will help fill that void. Although $300k to $400k would have sounded like a crazy price for a house on Lehigh Avenue five years ago, today it is the most affordable new construction option in the neighborhood. Riverwards Group sells Kensington apartment complex for $21M Kensington Courts Extends Redevelopment Further into Kensington Fall is here & KENSINGTON COURTS is - RiverWards Group | Facebook During the planning and proposal processwhich started last Julythe group said they were met with some resistance from the community, mostly over housing costs and retail space. Basic 3 Bed/3 Bath/Roof deck/Basement + Parking, 400- 500 residence - interlink localities. With a successful track record of development through our American affiliate The Riverwards Group. Kensington Courts is a new community of 155 total residential units with 60 townhomes, 24 duplex units, and 71 condos in five buildings nearest to Frankford Avenue. Kensington Courts. All renderings and floor plans are offered as depictions only, and should not be relied upon as actual plans. These homes won't last! RiverWards Group presents KENSINGTON COURTS, a Cornerstone Community in Booming East Kensington/Fishtown. Exterior amenities include off street parking, fitness path . Investors | Riverwards Group Based on Redfin's market data from the past 3 months, we calculate that market competition in Richmond, this home's neighborhood, is somewhat competitive. Kensington Courts is ideally located in one of the most sought out real estate zip codes in the country, at the heart of vibrant Philadelphia, near Northern Liberties and Fishtown, with easy access to Center City. The complex will have 158 parking spaces, with some electric charging stations, and 104 bicycle parking spaces and bike racks at the main entrance on Lehigh Avenue. The +/-90,000 SF Property features a straightforward blend of spacious 2-bedroom/2-bathroom apartments atop four (4) commercial spaces throughout five (5) buildings, with modern amenities like a dog run, surface parking, club room and lounge, fitness studio and panoramic rooftop terraces with unparalleled views of the Philly skyline and bridges into New Jersey over the Delaware River. Mix used include facilities & Amenities: KC vs. avg. Constructed The Flats Floor Plans | Kensington Courts | Riverwards Group The housing project, called Kensington Courts, is planned for a four acre space at 2035 East Lehigh Avenuewhich is now home to a used car lotand will feature 60 single-family homes, 24 duplex units and 71 condos. Now, Riverwards Group and KJO Architects are redeveloping a large vacant lot at Lehigh and Frankford Avenues, at 2035 East Lehigh Avenue, into a residential and retail community. CREATIVE CONTACT DESIGNERS. Proposed Kensington Court in East Kensington Riverwards Group Northeast Philly residents have seen a development boom in their neighborhoods over recent years, but a newly proposed 155-unit housing development may be one of the largest projects yet, according to developers, The RiverWards Group. 'Art that advocates for housing justice': west London's SPID theatre Anchor 1. READ REDFIN'S, Do not sell or share my personal information. Urban Lifestyle Developments | Philadelphia, PA | Riverwards Group # of Bathrooms (Full) On 1st Upper Level: # of Bathrooms (Full) On 1st Lower Level: # of Bathrooms (Full) On All Upper Levels: # of Bathrooms (Full) On All Lower Levels: Built-In Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave, Dining Area, Breakfast Area, CeilngFan(s), Kitchen - Eat-In, Kitchen - Efficiency, Kitchen - Island, Master Bath(s), Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Basement, Bedroom 1, Laundry, Bathroom 1, Master Bathroom, Full Bath, Cable TV, Sewer Available, Natural Gas Available, Electric Available, All Ground Fee, Common Area Maintenance, Insurance, Lawn Maintenance, Management, Snow Removal, Trash. Be on the look out for more pictures and a special announcement this week. Close to 800 units coming to this stretch of Somerset St by The Riverwards Group over the next 36 months. City Council Passes Bill Downzoning Girard Avenue Commercial Corridor, Real estate group organizes to find ways to keep Philadelphia moving forward, Philly Accelerator to finance affordable housing projects, Plans for 535-Unit Kensington Junkyard Redevelopment Released, Kensington's Inevitable Development Boom Is Beginning, Officials celebrate success of workforce housing development, Philadelphia-Area Townhome Market Is Booming, How Fishtown, Philadelphia Became America's Hottest New Neighborhood, 155 Unit Mixed-Use Project Rising at Frankford and Lehigh - Kensington Courts, The Riverwards Group plans to develop Avenue V in Kensington, "Entry-Level" Condos Planned for South Kensington Site, Houses, Condos, Shops Coming to South Kensington Lot, 59-home mixed-use development approved for Kensington, Phillys most buzzworthy development projects, Behind the Boom: The Next Wave of Philly Developers, Single-Family Workforce Housing Comes to East Poplar, Workforce housing debuts in East Poplar, much more planned for Francisville, Avenue 30 townhome development in East Kensington breaks ground, World-Famous Hip-Hop Artist Comes to Fishtown Townhome Open House Spirit News. When typing in this field, a list of search results will appear and be automatically updated as you type. 3020 RICHMOND ST. | PHILADELPIA, PA 19134 . This talented posse has big plans that include developments built specifically for those who serve their communities. En vous inscrivant la newsletter, vous consentez la rception de contenus de notre part. The units all include parking and are priced in the range of $300k to $400k. All Rights Reserved. All of the finishes are customizable from the floors, to the tile, tile patterns, and grout. The Somers Team hosts the RiverWards Group Groundbreaking Ceremony at Kensington Courts in Philadelphia. 155-unit housing project planned for East Kensington - Curbed Philly It is difficult to find a new construction home with parking south of the Lehigh Viaduct for under $500,000 in this climate. "This development will always be so close to our hearts," he said. 78 views, 4 likes, 0 loves, 0 comments, 0 shares, Facebook Watch Videos from RiverWards Group: Another Home at KENSINGTON COURTS Under Contract He said, "Our Client, The Buyer, recognized this unique opportunity to acquire a best-in-class, brand new, stabilized rental community at an attractive basis, located in a growing, yet coveted area which suggests higher-than-average rent growth and asset appreciation for years to come, based on market KPI's and vital investment metrics.". 155 unit mixed-use project rising at Frankford and Lehigh in Kensington. value Philadelphia, PA . We source directly from manufacturers, store, and deliver all building materials and finish products directly to your job site when you need them, at no extra cost. Locals wanted more commercial space, prompting the developers to add several more commercial units to the project, amounting in a proposed 12,000 square feet of commercial space. The new construction apartment community built and sold by The Riverwards Group is located in the surging Fishtown/Kensington submarket, where investment demand is accelerating with activity from regional investors chasing yield and quality not found in other pricier East Coast metros like New York, Boston and Washington, D.C. "Kensington Courts is a model example of a neighborhood-changing development one that is diverse, spacious and that offers urban city living at prices that are very competitive," said Mo Rushdy, Principal of Riverwards Group. Were changing the persona and general blah outlook.. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. Property information provided by BRIGHT MLS when last listed in 2020. 155-unit housing project planned for Philly's Kensington In the last decade, RWG has been a market leader in realizing this immense potential of Philadelphias real estate market by developing large-scale, urban infill residential projects and transforming into sustainable communities otherwise forgotten nooks and crannies. Each bathroom features contemporary vanities and fully tiled bathtubs. COPYRIGHT RIVERWARDS GROUP. This development includes 155 units and retail storefronts. The Riverwards Group is currently building one of the biggest developments at the northern end of the neighborhood. KENSINGTON COURTS is over 90% sold out! - RiverWards Group - Facebook A little less than two years ago, the heads of the RiverWards Groupdevelopers responsible for several small housing projects around Fishtown and Northern Libertieswere working on a. Unlikely to be in a wildfire in next 30 years, 7 days above 105 expected this year, 15 days in 30 years, 27% chance of strong winds in next 30 years. The Riverwards Group has also successfully completed a wide number of workforce housing as well as houses, condos and shops at various South Kensington lots. Multi family the leading ROI in 25 years, Basic 3 Bed/3 Bath/Roof deck/Basement + Parking. Minutes to Public Transportation, 95, Northern Liberties, Frankford-Girard corridor, & so much more. Kensington Courts will have 155 total residential units. FLOOR PLANS - RENTAL FLATS. Phillys Zoning Board of Adjustment voted to approve the development in February. You may recognize some of their recent projects: Believe it or not, these are not even all of the projects they have undertaken over the last few years and they have more developments in the pipeline. The median sale price per square foot in River Wards is $222, up 5.0% since last year. 2019 RIVERWARDS GROUP. It, also, means more retail and activity on a major thoroughfare and a once thriving commercial corridor. PLAY A MAVEN DEVELOPMENT GIVES OUR RESIDENTS THE OPPORTUNITY TO FULFILL THEIR ASPIRATIONS The largest homessingle family dwellingswill reach about 1,900 square feet and sit at 60 feet high. It will also be a large project for the area. Modern kitchens with islands for seating, quartz countertops, and stainless-steel appliances. Kensington Courts. Contact us for a free quote on finishes and fixtures for your multifamily or mixed use construction project. Homes sell for about 3% below list price and go pending in around 46 days. California License # 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS is protected by all applicable copyright laws. View More. 2035 E Lehigh Ave Philadelphia, PA 19125 MAP Julie Hankins, Realtor NCQTeam Brent Celek Real Estate (484) 368-4558 Philadelphia, Pennsylvania 19125 CONTACT PHASE THREE is released, NOW!!! The five apartment buildings will have a total of four commercial spaces on Lehigh Avenue. Mega Supply Pro, 320 Camer Drive, Bensalem, PA, 19020, United States. Lehigh and Frankford Avenues will have new street trees and new lighting and the site will have stormwater management features. 3020 RICHMOND ST. | PHILADELPIA, PA 19134. Lets start rebirth and reinvigoration, and start the process of changing the stigma of Kensington., The nameKensington Courtswas an attempt to break away from that stigma, and embrace the neighborhood, McKnight said, calling the project the Normandy Beach of creating a culture with new construction. The information, text, graphics and links provided herein are provided by The Riverwards Group as a convenience to its customers. See for yourself at our OPEN HOUSE Saturday & Sunday from. Open and clear communication as well as proficient execution enable us to successfully deliver our commitment to the highest standard that will exceed our customers' expectations. We look forward to seeing the rest of the Kensington Courts structures rise and to the day when the intersection of Frankford and Lehigh is active with people and businesses. Many of the 155 units have rooftops with unobstructed views of the Philadelphia skyline. Options to upgrade to a FINISHED BASEMENT!!! 2137 E Lehigh Ave Lot 18, Philadelphia, PA 19125 - Redfin On a given day, more than 100 people can be found working on the 4 acre project. Mix used include facilities & Amenities: KC vs. avg. The Riverwards Group masterfully transformed a 185,000 SF vacant parcel into a diverse new community of townhomes, apartments and retail carefully balanced with ample parking and green space for its residents homeowners and renters alike." Hot homes can sell for around list price and go pending in around 18 days. Compass does not discriminate against voucher holders pursuant to applicable law, CURRENT SPECIAL: $500 Holding Deposit, $300 Rent Concession, concession is applied to market rate, CURRENT SPECIAL: $500 Holding Deposit, $300 Rent Concession, concession is applied to market rate, Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bar, Breakfast Area, Built-Ins, Combination Kitchen/Dining, Combination Dining/Living, Dining Area, Efficiency, Floor Plan - Traditional, Floor Plan - Open, Kitchen - Island, Pantry, Upgraded Countertops, Wood Floors, Other, Stainless Steel Appliances, Stove, Washer, Dryer, Refrigerator, Microwave, Dishwasher, http://bright-media02.prd.brightmls.com/bright/images/0000/8010/5837/2184/801058372184_512_384_WM_m-h_b37XiMKW6oMX.jpg, https://my.matterport.com/show/?m=RXhyFNxH8Ht, Kensington Creative & Performing Arts High School, Do Not Sell or Share My Personal Information, Texas Real Estate Commission Information About Brokerage Services, Texas Real Estate Commission Consumer Protection Notice, New York State Standard Operating Procedures, Notice of Reasonable Accommodations for Prospective Tenants. , . . One of our favorite parts of the tour was the amazing rooftop views. Right next to Kensington Courts, developers are proposing an even larger project. , . Based on Redfin calculations of home data from MLS and/or public records. PHILADELPHIA, June 2, 2022 /PRNewswire/ -- On behalf of The Buyer and The Seller, Agent PHL / Compass Commercial has formally announced the sale and settlement of Kensington Courts Flats in Philadelphia, Pennsylvania. McManus said, " Kensington Courts is like a micro-city nestled high above the most popular residential submarket in Philly today - Fishtown/Kensington. ALL RIGHTS RESERVED. Condos will start at 1,000 square feet and reach 38 feet high. The Riverwards Group does not warrant the accuracy or completeness of the information, text, graphics, links and other items contained on this website or any other website. No financial or legal advice provided. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Kensington Courts is being built on a former auto lot that was vacant at the time of purchase. Use tab to navigate through the menu items. Updated January 2023: By searching, you agree to the Terms of Use, andPrivacy Policy. We cannot imagine the organization it takes to execute this kind of personalization over 155 units. Stop by this weekend at KENSINGTON - RiverWards Group - Facebook
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