Apartments at Penn generally buys properties, rehabs them and rents them to students. But now that the Zoning Board and the Spruce Hill community have approved a mixed-use complex–31 apartments and 1,400 square feet of ground-floor retail–at 43rd and Sansom, it’s jumping into full-fledged development, and one that intentionally melds with the Wine & Spirits store slated for 43rd and Chestnut.
The owner of the site of the liquor store, Dean Pagano, is a cousin of the owner of Apartments at Penn, Danny de Ritis. Pagano suggested build something new on the vacant lot at 43rd and Sansom, and de Ritis agreed. So the two have collaborated on this new project.
The building, designed by Blitz Architectural Group, will be four stories high and have two retail spaces, which will probably be dedicated to a grocery store or sandwich shop. Most apartments in the building will be 1,000-square-foot one-bedrooms.
The company has to apply for building permits, and then construction will begin–though it’s not clear when.
• Family business to build mixed-use property in Spruce Hill [UC Review]
• New Liquor Store Officially Coming to West Philly This Summer [Naked City]