development

Paints of picture of exactly what we've been saying

If you follow this blog with any sort of regularity, then you've surely noticed one overarching theme that's emerged as the years have rolled along. In short, Philadelphia has been experiencing an unprecedented wave of development, and it doesn't seem to be slowing down. But that development is by no means uniform across the entire city. It's been a hyper-local phenomenon, with certain neighborhoods seeing a big burst and others seeing little if any new development.

This week, our friends at Philadelinquency put together a map that shows new building permits issued in Philadelphia in 2013. The tool allows you to zoom in and out and even click through to see permit info for individual properties. Below, we have screenshots that show permits pulled in the part of town directly north of Center City and the areas directly to the south.


Permits north of Center City

Permits in South Philly

So what do we see here? Basically we're seeing a graphical representation of the information we've been sharing on a project-by-project basis. In the first image, we see tons of activity around Temple and in Francisville. We see action spread throughout Northern Liberties, Fishtown, South Kensington, and East Kensington. And we see little blips in Brewerytown and West Poplar. Between Northern Liberties and Temple, it's pretty much a development desert and the same can be said for the area between Temple and Brewerytown.

This week, Philadelphia Inquirer reporter, Ingra Saffron, highlighted Ori Feibush for his innovative social media and marketing strategies to promote his real estate ventures in Point Breeze.  In the article, Saffron revealed how area developers, like Feibush, are using savvy marketing, social media and big ideas (paired with even bigger investments) to secure sales. 

Ori C. Feibush takes a break in his OCF Cafe at 2001 Federal St., across from housing units he is building in the Point Breeze neighborhood. (CHARLES FOX / Staff Photographer)

Oh Girard Avenue, the plight of your blight is like a slow jazz song, like at these two locations just outside Northern Liberties just a block apart. At the southwest intersection of Franklin and Girard Avenues, a large building has sat unoccupied and rundown for years. Meanwhile, a block to the east, almost the entire north side of Girard Avenue is run down between 6th and 7th Streets. You may recall, we first brought the 600 block of Girard to your attention about a year ago.

A recent Philly Mag article, "What Will It Take for New Philadelphians to Clean Up City Hall?" by Patrick Kerkstra, brings to light a diverse group of 'New Philadelphians' who are working hard to make long lasting improvements in and around the city of Philadelphia.  Founder and President of OCF Realty, Ori Feibush, was featured for his real estate development projects and clean up efforts in Point Breeze, Philadelphia through his community focused real estate brokerage.  

Philadelphia Magazine article, "What Will It Take for New Philadelphians to Clean Up City Hall?" features OCF Realty Founder, Ori Feibush.

A few days back, right after we got off of Delaware Ave. on Christian Street to head across town, we spotted 'For Sale' signs on a large building we'd never noticed before. 112-20 Christian St. is owned by the Scandinavian Shipping Supply Co. and was at one point used for food manufacturing and wholesaling. Additionally, it seems that part of the building served at the Royal Norwegian Honorary Consulate in Philadelphia at one time.

The building
Sign for the consulate

The building was offered for sale last month at a price of $1.5M, and was under contract in less than two weeks. Considering the extremely desirable location and the 14K sqft size of the lot upon which this building sits, not to mention the preexisting curb cuts, it seems that the buyer is getting a pretty attractive deal here.

Last Thursday, we celebrated the grand opening of our newest OCF Coffee House, a subsidary of OCF Realty.

The Philadelphia Daily News recently wrote a feature story on Ori Feibush, founder of OCF Realty and real estate agent turned developer.  As reported by Daily News staff writer, Natalie Pompilio, "By now they know the name Ori Feibush in Point Breeze. Some praise it. Others curse it."  

Real-estate developer Ori Feibush has become a lightning rod in Point Breeze. (SARAH J. GLOVER / STAFF PHOTOGRAPHER / PHILADELPHIA DAILY NEWS).

In August 2011, Plan Philly compiled a special report with Ori Feibush on how tax delinquent properties thwart real estate development.  

Note: This post is quite long, but very important. The background required is significant, which is why this thing is gonna read like a novella. Sorry in advance.

The 1100 block of S. 20th St. runs between Washington Ave. and Federal St. and is totally atrocious right now. On this stretch, the gateway to Point Breeze Ave., 9 vacant lots are owned by the City of Philadelphia, 2 vacant lots are owned by a church, and 2 vacant lots are owned by private developers. Another half dozen buildings on this stretch are in shell condition, or just a step above. On the northwest corner of 20th and Federal Sts., a local developer owns a multi-unit building that will soon have a coffee shop on the first floor.

Recently, we took a tour of 777 S. Broad St. with Marianne Harris, Director of Sales, Leasing, and Marketing for Dranoff Properties, and we were very impressed with what we saw. This place is both good looking and has a commitment to luxury for residents. Oh, and by the way it's a totally green building. We'll try to give you a taste, but we suggest checking it out in person sometime soon, if you'd like to get the full effect.

777 Lobby

In the well appointed lobby, a guard is on duty 24 hours a day and also takes packages for residents. When a package arrives, the guard enters the information into Building Link, a program that immediately emails the resident that their package has arrived. Residents can also remotely use Building Link to reserve common spaces for private events, arrange for dry cleaning pickup, make repair requests, or give permission for someone to enter the building. Cool stuff.

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