The 1700 block of Folsom Street sat mostly vacant for many years but the Folsom Powerhouse project has brought amazing new life to this street. This project from Equinox Management & Construction and Postgreen Homes and designed by by Interface Studio Architects is getting built in phases. We last checked in on this project around Thanksgiving when the first phase, three townhomes and four duplexes, had just wrapped up. Construction was just getting underway on two larger buildings, one with four apartments and a commercial space and a second one with six apartments. The months have passed and those buildings have progressed quite nicely.
The four unit building on the southeast corner of 17th & Folsom looks to be finished and according to the project website it's sold out. It's still not clear what will become of the first floor commercial space, maybe someone out there has heard something? For the southern building, located at the northeast corner of 17th & Olive, you can see there's still some work to be done. This building, with a combination of 1-bedrooms and 3-bedroom units, had been offering prices ranging between $230K and $360K. But all of the units are already spoken for. Both buildings will have Solar PV which should cut down utilities by about 20%, according to Postgreen's Chad Ludeman.
If the project has caught your eye and you might want to move here, you'll have to wait for the final phase of the project, coming soon to the eastern end of the block.
Another single-family home, three duplexes, and a triplex are coming soon, further filling in this block. When all is said and done, this project will have brought thirty-one new units to Francisville, replacing vacant land with nice new buildings. See, when the City sells off its land, sometimes great things happen!