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ActivePhiladelphia, PA, 19133
The Colorworks Building, a fully approved, shovel-ready, 64-unit mixed-use development site located in the heart of West Kensington, one of Philadelphia’s most rapidly transforming neighborhoods. This six-story, ground-up development has received both zoning and building permits and is situated within a Qualified Opportunity Zone (QOZ). Designed by the nationally acclaimed GNOME Architects, the project has been thoughtfully value-engineered for cost-effective development while delivering market-leading design, amenities, and unit mix. The offering includes 64 residential units, 1,269 SF of ground-floor retail, and structured parking for 21 vehicles with additional bike storage. Importantly, there is no affordable housing requirement for this development, eliminating regulatory constraints and preserving design and leasing flexibility. The site has undergone full demolition and is ready for immediate mobilization, offering investors and developers a rare opportunity to activate a premium project with significant time and entitlement risk already removed We have been engaged to market the site for sale and secure JV equity on behalf of the ownership. We welcome inquiries from both developers and capital partners.
Listed by: Saam Tashayyod, Trophy Commercial Real Estate LLC
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