Development—Philadelphia, PA

NC Five

https://www.ncfive.com/

NC Five is a transformative development in North Philadelphia that is located steps away from the Temple University SEPTA regional rail stop. The 2.6-acre site includes 3 buildings and 133 units of housing, serving residents from 20% AMI to market rate. There are 45 RAD units for households at 20% and 50% AMI, 66 LIHTC units at 50% and 60% AMI, and 22 workforce housing units.” The buildings include a mix of studios, 1 bedroom, 2 bedroom, and 3 bedroom units.

The development includes a variety of resident amenities that will offered free of charge to all residents. The amenities include a community room with lounge seating, warming kitchen, and activity tables, a fitness center, a computer room and study library, exterior landscaped courtyard with community gardens and electric grills, package lockers, secure bike storage, and on-site management staff. 

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Project Profile

NC Five is a transformative development in North Philadelphia that is located steps away from the Temple University SEPTA regional rail stop. The 2.6-acre site includes 3 buildings and 133 units of housing, serving residents from 20% AMI to market rate. There are 45 RAD units for households at 20% and 50% AMI, 66 LIHTC units at 50% and 60% AMI, and 22 workforce housing units.” The buildings include a mix of studios, 1 bedroom, 2 bedroom, and 3 bedroom units.

Project Team
Development Partners:
Philadelphia Housing Authority & Philadelphia Housing Development Corporation
Architect:
Wallace Roberts & Todd
Contractor:
Domus, Inc.
Mechanical Engineer:
McHugh Engineering Associates
Structural Engineer :
Macintosh Engineering
Civil Engineer:
Meliora Design
Environmental Engineer:
MaGrann Associates
Project Status

Completion: 2021

Total Project Size / Budget
152,000 GSF
$51,647,320
Residential Units
133