Description
Hero House: 24-unit multifamily development opportunity in West Philadelphia. This proposed development is "by right" with RM1 zoning. This 9100 SF prominent assemblage of corner properties is located right off the bustling Lancaster Ave corridor and has been combined by current ownership to maximize density in the Qualified Opportunity Zone (QOZ). Investors and Developers can defer capital gains via the Qualified Opportunity Fund vehicle and invest in a Top-10 USA MSA today with this land purchase " surrounded by progressive development in every direction. Schuylkill Yards, Science Center, CHOP, HUP, Penn, Drexel, St. Joes's are all nearby " this is the heart of Philly's "Eds & Meds" powerhouse economic district with above-average rent growth and appreciation projected for years to come. Big box retail center across street provides access to amenities (Lowe's, Planet Fitness, ShopRite, Verizon, Dunkin, and more) while Shofusu Japanese Cultural Center (gardens), the TD Bank Pavillion @ The Mann Center (destination concert venue), Fairmount Park Horticultural Center, Please Touch Museum (Children's Museum) and more outdoor urban amenities are also sited just across the way in Fairmount Park " America's largest urban park. Enquire within for proposed plans. Base rendering for illustrative purposes only.
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Description
Hero House: 24-unit multifamily development opportunity in West Philadelphia. This proposed development is "by right" with RM1 zoning. This 9100 SF prominent assemblage of corner properties is located right off the bustling Lancaster Ave corridor and has been combined by current ownership to maximize density in the Qualified Opportunity Zone (QOZ). Investors and Developers can defer capital gains via the Qualified Opportunity Fund vehicle and invest in a Top-10 USA MSA today with this land purchase " surrounded by progressive development in every direction. Schuylkill Yards, Science Center, CHOP, HUP, Penn, Drexel, St. Joes's are all nearby " this is the heart of Philly's "Eds & Meds" powerhouse economic district with above-average rent growth and appreciation projected for years to come. Big box retail center across street provides access to amenities (Lowe's, Planet Fitness, ShopRite, Verizon, Dunkin, and more) while Shofusu Japanese Cultural Center (gardens), the TD Bank Pavillion @ The Mann Center (destination concert venue), Fairmount Park Horticultural Center, Please Touch Museum (Children's Museum) and more outdoor urban amenities are also sited just across the way in Fairmount Park " America's largest urban park. Enquire within for proposed plans. Base rendering for illustrative purposes only.
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