An Uncommon Vision: A New Home Rising on Parrish in Fairmount Monday, July 8
The Fairmount neighborhood is one of the more charming in Philadelphia. Large houses, charming blocks, close proximity to the museums, easy access to the park, and the list goes on. Unlike many of the neighborhoods we commonly cover, Fairmount arrived years ago. And while it sees its fair share of renovations, it doesn't see too much new construction due to the fact that there are few vacant lots to be found and much of the housing stock is in pretty good shape. Which was why we were so surprised the other day to notice a new building going up at 2529 Parrish St., on the corner of Bambrey.
This property was purchased last year by Haney Property Holdings LLC, who paid $215K. The building that previously stood here was in tough shape from the looks of it, and may have gotten a half-hearted facade repair at some point in its history. Also, the facade on the first floor had an unfortunate stucco covering placed upon it at some point. And don't get us started on that vinyl bay. Yuck.
At some point in the last year, the owners tore down the old building. In the last couple of months, work began on the structure you see now. When complete, this will be a duplex with two parking spots, and we imagine the units will be offered for sale as condos. Sure, the building would work as a rental, but when you're building new in Fairmount and can offer parking, you can absolutely get a premium for a couple of condo units. From the looks of the framed building, it won't have a cornice to speak of, which would be an unfortunate omission. But aside from that, we can't imagine the new structure won't be a dramatic improvement over what preceded it.
But if it's really ugly once the bricks start going up, you know we'll tell you all about it...