Lcor Inc. has proposed a seven-story apartment building with 157 units at 5th and Bainbridge streets in South Philadelphia, a by-right plan that may lead to development taking place on what is now a surface parking lot. 

E-Z Park, a Philadelphia parking operator, owns the site and has been trying to develop the parcel for years but ultimately ran up against neighborhood resistance. 

In 2018, E-Z Park proposed a $35 million mixed-use development that involved a six-story, 156,000-square-foot building with 54 apartments, a garage and a 23,112-square-foot Target as the retail anchor. That plan was met with complaints for its size, scale and other potential ills such as increased traffic, noise and litter. A Trader Joe’s was later considered but never moved forward. 

The Lcor development would be done in partnership with E-Z Park and is still going through Philadelphia’s Civic Design Review process. The Queen Village project, as proposed, would involve constructing a two-story podium and five stories of wood framing for the apartments. 

*Article courtesy of Philadelphia Business Journal

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