Developer Magdim Inc. is planning 43 apartments in a development that will encompass the entire south side of the 2400 block of Ellsworth Street, in the shadow of the deteriorating train trestle that runs down 25th Street.
Magdim’s marketing manager, Michael Mauro tells us the building will also include room for 30 parking spaces and indoor bike parking. There will also be 37 storage units in the garage area and a roof deck with what will probably be some kick-ass views of the skyline.
“We have received our zoning permit and are awaiting the building permit,” Mauro told us last week. “Building will start within 30 days of receiving the permit.
The project will take about a year to complete, he said.
Zelda Simpkins at the area’s registered community organization, South Philly HOMES Inc., said the project has full support of the community. And Mauro said the company has a track record for completing big projects, including Chestnut Court with 42 apartments at 47th and Chestnut and Vernon Terrace, which has 52 apartments in Mt. Airy.
This is by far the biggest residential development in Point Breeze in decades, and it comes to an interesting corner of it. There is little commercial activity around here but a lot of smaller residential development just to the east and to the north, across Washington Avenue. Mauro said they like it here.
“What attracted us to this part of the City was the growth we have witnessed in the Point Breeze area,”he said. “As you are aware, we had to go for a Zoning Variance for the project. This gave us a unique opportunity to meet with the local civic organization, South Philadelphia Homes, and really discover what the neighborhood is all about. Given the strong community support, we believe this neighborhood will have sustained growth for years to come.”