JERSEY CITY, NJ - U.S. Development is helping the last remaining undeveloped pocket of one of Philadelphia’s fastest-growing neighborhoods reach its full potential. The company completed construction of The Frankford, a 107-unit project in the city’s Fishtown neighborhood.
Located at 1120 Frankford Ave. – the gateway to the Heart of Fishtown, Frankford Grand also includes 15,000 square feet of retail space spanning two floors. Apartment leasing is underway at the five-story luxury building spanning two city blocks, with leasing commencing on Sept. 18. The 107 apartments include a mix of 50 studios, 32 one-bedrooms and 25 two-bedrooms.
“Our vision was to take one of the last undeveloped parcels remaining between Fishtown and Northern Liberties and deliver a dynamic building bridging the two neighborhoods,” said John Farina, CEO of U.S. Development. “There is no other centrally located development like Frankford Grand, which gives residents the opportunity to enjoy the best lifestyle in Fishtown.”
Amenities are what make The Frankford stand out from anything previously developed on Frankford Avenue. The sprawling panoramic roof deck boasts unmatched views of the Center City skyline and includes an outdoor kitchen with dual grilling areas and shaded terraces for al fresco dining experiences; a south-facing sun deck to maximize enjoyment of the city’s warmer seasons; and a sky garden with a lush botanical setting surrounded by crepe myrtle trees and a firepit area.
The building’s ground level features a full-size gym and private courtyard garden with bocce courts. The outdoor courtyard will host many of The Frankford’s complimentary social events.
“Frankford Avenue has yet to have a building with our amenity offering,” said Dustin Salzano, CFO of U.S. Development. “You can now live in the heart of Fishtown with an exceptional living experience while enjoying the best the neighborhood has to offer at your doorstep”
Just northeast of Philadelphia’s Center City, Fishtown is a neighborhood with a working-class history that today attracts the cutting edge in culinary, art and music trends. In a nod to Fishtown’s history, character and present-day appeal, Frankford Grand’s design combines a brick façade and black loft-style windows, fusing industrial heritage with modern touches.
The property features two prominent retail spaces constructed to accommodate a variety of uses including neighborhood retail, restaurant, bar or entertainment. Additionally, each of the retail spaces has generous exclusive outdoor patio areas for additional customer seating. The developer expects to attract best-in-class operators to join the ever-growing and dynamic Fishtown market.
Jacob Cooper of MSC Retail is Frankford Grand’s exclusive retail leasing representative. He can be reached at jcooper@hellomsc.com
The Mike McCann Team oversees apartment leasing at Frankford Grand. For apartment leasing inquiries, contact Jim Onesti at info@frankfordgrand.com
U.S. Development is active in the Philadelphia market. The company is nearing completion of Elevated at 1108 Front, a Center City project with 49 apartments.
ABOUT U.S. DEVELOPMENT: U.S. Development is an established real estate development and management firm specializing in ultra-luxury condominiums and multifamily/mixed-use buildings designed to elevate the standard for quality development. The visionary leadership at USD is intricately involved in all phases of the development process from entitlement to design, construction, and delivery. They bring a unique and fresh perspective to luxury real estate that results in iconic, high-end developments that forever transform waterfront and urban landscapes across the east coast. Properties developed by USD, or its principals, have generated over $420 Million in sales in the last several years alone, and the firm is actively developing over $370 million in current real estate projects.