Something Might Be Happening With the Frankford Chocolate Factory
Oh, snap. The Frankford Chocolate Factory on Washington Avenue – between 21st and 22nd Streets if you’re unfamiliar with the site (map) – has been purchased. According to Jacob Adelman at the Inquirer, a mixed-use project is rumored to be in the works.
Although there’s no official word yet on whether or not the the 240,682-square-foot building, which is well over a century old and not historically designated, will be demolished or reused, it goes without saying that a residential/commercial development at the site would do more than a little to boost the evolving industrial corridor it sits on. Writes Adelman:
The Frankford Chocolate property’s redevelopment would provide a conduit for revitalization from the increasingly affluent Graduate Hospital area into the Point Breeze neighborhood to its south, said [CBRE executive Robert] Fahey, whose company represented a court-appointed receiver charged with selling the site.
“It’s going to have a pretty big impact on the neighborhood,” he said. “It’s just been a major blight, this dilapidated, boarded-up hulk of a building surrounded by gentrification.”
Previously, former owner Truong Dinh Tran had planned to rehab the South Philly property into a Vietnamese-themed development, but that never panned out. Later, the building was included in the “assets being liquidated in receivership amid litigation over Tran’s estate.”
Keep your eyes peeled – perhaps whatever is planned here could rival the proposed Blatstein development a few blocks east?
- Frankford Chocolate Factory site sold to developers [Inquirer]
- Related Washington Avenue news [Property]