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Spring Garden is one of the cities best strips, its up there on quality of life & looks. Majority of the empty lots are planned or currently under construction. This block specifically is next to multiple, new developments, restaurants, a target, heavy rail transit, a highway, a river front & more. Do you really expect rents to be low? Spring Garden in the next couple years will be one of the cities best destination strip. If it continues to grow like this we might see the return of the trolley heavy rail. |
My only desire for Spring Garden, is one day the street having a lot trees, and greenery. Perhaps with all the high-end development, trendy restaurants and breweries, etc. that finally becomes a reality. Maybe take out a lane of traffic, and make a center median/row of greenery. I recall something was once planned for this, years ago. The street is named “Spring Garden” after all!
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https://pecpa.org/wp-content/uploads...t-Greenway.pdf Been floated for 10+ years. There was a little bit of movement on it last year bu don't hold your breath: https://whyy.org/articles/philadelph...rden-greenway/ |
The median east of Broad is mostly terrible but especially around 11th and Spring Garden. Lots of sad broken concrete with empty trash filled tree pits. That whole area is quite dirty. I wish Septa would look at reopening the 12th and Spring Garden Broad-Ridge spur stop as well. Further down around 3rd and Spring Garden the median is always covered with federal vehicles parked which obviously shouldn't be allowed. They have a parking garage and bit surface lot, I'm sure it's just laziness.
The Spring Garden greenway plan is awesome but like you said, it's not happening anytime soon so maybe a business improvement district can just clean up and landscape what they have. Wrought iron planter boxes, nicer lighting and street trees would help a lot. New York and Chicago have these everywhere but Philadelphia can't even figure it out on Broad. |
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Anyway, yeah, the equivalent rent can get you a decent to nice place in a significantly nicer neighborhood, but that's their rental biz, not mine. I definitely wish them luck. It still looks like a mid-tier office building to me, but at least it's basically finished |
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Priced too high in my opinion. Cheapest 2 Bed at the Piazza I believe is $3750 and that is a much better location with more and better amenities.
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I mean it's not like I have a problem with someone who wants to pay for whatever they want, wherever they want. Different strokes I guess. |
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It seems like the people shocked by the pricing haven't spent much time in this part of the city. When the building across from Silk City finishes up the rents there are probably going to be higher than this building. |
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The fact of the matter is Spring Garden West of Broad is 100% one of the best areas, and strips in the city its on NYC level, and not to mention pretty much all lots are being rebuilt or currently in plan to be rebuilt. Spring Garden East of Broad is a mix between Yimby, and Young Professionals, and the Philly city fabric. Girard isn't even close, and it has a light rail line running on it. When I was looking for places 2 years ago my top picks were 1.Spring Garden 2.Port Richmond 3.S. Philly 4.Center City 5.Broad St It's 100% a lit strip. |
Some updates on the amenity spaces and a vague statement regarding the potential grocery store:
https://www.instagram.com/reel/CtHFq0igp4m/ |
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https://live.staticflickr.com/65535/...a62307c1_b.jpg
^Still amazed how much this area has changed over the 6-7 years. Also, that gigantic development at 6th and Fairmount is flying now. https://www.ocfrealty.com/naked-phil...new-ownership/ https://www.ocfrealty.com/naked-phil...5th-fairmount/ |
What's amazing is the major public housing that's there and still didn't inhibit development, as they often do.
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