Passyunk Square

Homes for sale near the Federal Street Burial Ground,

We were passing through South Philly over the weekend and an 'Open House' sign caught our eye on the 1100 block of Federal Street. We actually covered this property, 1108-10 Federal St., about a year ago, telling you that developers were planning to split a double-wide home in half, add a third story, and sell two newly expanded and renovated homes.

We remembered none of this when we happened upon the sign, and were excited about the prospect of walking through a gigantic double-wide home. It turns out the 'Open House' sign was fake news anyway, so we're a little less disappointed now that we realize it's just a couple of standard renovated homes. Perhaps thanks to a prior open house, the developers have gotten one of the homes under agreement at a list price of $600K.

Third floor additions

Across the street, different developers are working on a new construction single family home. A row home was standing at 1115 Federal St. until a few years ago, but got demolished somewhere along the line. And then the property sat vacant for a little while. We'd think that the new home will sell for a higher price than the rehab across the street, though it hasn't been listed for sale as of yet.

And it could keep the theatre in its current location

Roughly two months ago, we shared the news that a demolition notice had appeared on the large warehouse on the northwest corner of 13th & Reed. This building has had several uses over the years, including auto repair and mummer equipment storage, but it's most prominently known as the home of theater company Theatre Exile. We were concerned about the future of the theater company with the approaching demolition of the building, and were cheered to learn that Theatre Exile was planning to move to a new and undetermined location after this season.

View from a few months back

We knew that the building would be demolished, but didn't know exactly what would be rising in its place. The developers pulled a permit for the new project that was short on some details, only indicating that the new owners were planning a by-right project. Sometime in the last couple months though, those plans changed, as the developers are now seeking to build a project that will require a variance. The project came before the community this week, and a meeting attendee was kind enough to share some details and a few photos of what we can expect. Check 'em out:

Getting a variance might be tricky

If you ran Broad Street on Sunday, and you're a tourist, perhaps you made your way to Pat's or Geno's to reload after your triumphant ten mile run. If you did indeed visit either establishment over the weekend, it's possible you noticed some relatively new 'For Sale' signs in the immediate vicinity.

Pat's Steaks, with Geno's lurking behind

Lot for sale on the southeast corner of 9th & Wharton

This property is also for sale

We've covered both of these properties before, and for different reasons. There was a vacant building at 848 Wharton St. for many years, until it partially collapsed after a snowstorm in 2014. It was demolished soon after and to be honest, the vacant lot is a better look at the corner than the empty building. Still, it's not ideal.

Apartments and retail are both on the market

In real estate development, construction delays and cost overruns are the norm- and we see it all the time on projects both large and small. We often find ourselves saying that this project or that project are taking longer than we would have expected, a phrase we should probably scrap given the regularity with which we use it. It's much less common for us to consider a project that moved more quickly than expected, but that's exactly what we're looking at with the 1200 Washington project.

Thirteen months ago, we visited the southwest corner of 12th & Washington and told you about plans for a five-story, 48 units building with 15 parking spots and ground-floor retail. At that time, construction had not yet begun. By the time summer was coming to an end, we told you that a crane had placed modules atop some steel framing, marking an important step for the project. If you check out the property today, you'll see that the building looks like it's entirely finished. Ah, the power and beauty and speed of modular construction!

Threatre Exile on the move

A reader tipped us off over the weekend after noticing a demolition notice on the northwest corner of 13th & Reed, across the street from Columbus Square Park. This two-story property at 1340 S. 13th St. is used for a few different things according to an old permit, with an auto shop taking up some of the space, Mummer storage in another part of the building, and most prominently, Theatre Exile making its home in the largest space.

Demo notice on the building

Looking west on Reed Street

This theater company has been around for twenty years, and we called their box office to find out what's going on. The person that we spoke with was short on details, but indicated that Theatre Exile would remain in the building through the end of their season and that they planned to move to a new location rather than shut down. As to where that new location will be and how quickly the move will take place, we don't know. But we were cheered to learn that the upcoming demolition for this building won't mean the end of an important part of the Philadelphia arts community.