Last summer, we told you about plans for two new homes on the 1200 block of Leithgow Street coming from the Hardimon Property Group. We passed by 1235-37 N. Leithgow St. the other day and spotted the two new homes, apparently completed. At least one of them is currently listed for a hundred bucks under $400K.
The homes have three bedrooms, two-and-a-half bathrooms, and about 2,200 sqft of living space. If these homes were a block or two to the south on the other side of Girard Avenue, we'd imagine that they'be be priced at least a hundred thousand dollars higher. And this makes sense to a certain extent, given the different between the state of development in Northern Liberties versus South Kensington. But the latter neighborhood is, as you're probably aware, doing a fair job playing catchup.
Around the corner on 4th Street, some infill development is on the way. There's a fence up at 1238 N. 4th St., where a new home is coming. There's no fence, but we see permits have been pulled for another home at 1242 N. 4th St., just on the other side of an existing building. Crossing Thompson Street, a new home has been framed out at 1302 N. 4th St., on a skinny lot and next to two homes that are about five years old. Across the street, the 3rd Ward rehabbed a vacant warehouse and flamed out, and Impact Hub has taken over.
But looking at these photos, you can see there's still work to be done in this neighborhood. The building on the northwest corner has spraypaint all over the door. The southwest corner of 4th & Thompson is a big vacant lot, ditto the corner of Leithgow & Thompson. That parcel is owned by the City, so it could be awhile before it turns over. But if you consider just the privately owned land, we see that stuff getting redeveloped sooner rather than later. And considering that there's a couple of huge projects on the horizon nearby like Liberty Square, prices for vacant land and ostensibly for new homes figure to rise in South Kensington in the years to come.