Over the weekend, we noticed a sign posted at the corner of Columbus Blvd. and Callowhill St., advertising a townhome project called Callowhill Court. And as we told you yesterday, we were concerned about this sign because we thought that it meant curtains for the Renaissance Plaza project, and we prepared ourselves for a sea of townhomes on the Delaware waterfront. After a quick conversation with one of the realtors listed on the sign though, we realized that the sign actually refers to a project happening at 10 Callowhill St., a property just around the corner. A one story building stood there until a few months ago.
Developers bought this 4,800 sqft parcel last summer and are now planning to build four homes on this property. And looking at the listings that went up recently, we see that these are gonna be some pretty impressive homes. The largest homes will clock in at 4,800 sqft, with 4 bedrooms, 3 full bathrooms, 2 half bathrooms, and 2 car parking. List price is $1.7M. A second home is listed for a mere $1.35M and will only have 3,600 sqft of living space and a 1-car garage. Check out these renderings to get an idea of what we can expect to see here.
We’ve seen developers get prices in this range in Old City on the other side of I-95, but we can’t think of examples of homes selling in this price range so close to the river. It will be fascinating to see whether these homes sell for the prices the developers are expecting, and if they’re successful we wonder whether we’ll see additional interest in townhome development along the waterfront. Most significantly, the plan floating out there for homes at Pier 35 1/2 that could get a shot in the arm if Callowhill Court is a huge success.