Kensington Yards Phase Two Groundbreaking
We at Solo Real Estate, in collaboration with Bright Common and Red Oak Development are so thrilled to announce the groundbreaking of Phase 2 of Kensington Yards. Building B will have a lot in common with the first phase of our project which is fully completed. Although, unlike the first building which incorporated an old, pre-existing structure with new construction, the second building will be all new construction which allows for some additional flexibility in design.
Phase 2 will consist of 7 units which will be priced starting in the high $200,000s. You will see many of the finishes that were present in Phase 1 in these units, such as reclaimed wood and poured concrete countertops designed by local artisan Jayme Guokas of Craftwork Design.
Especially exciting is that, once the second building is complete, plans for the communal interior courtyard designed by Philadelphia-based landscape architect Hans Hesselein of Apiary Studio will be implemented.
Recently we sat down with Solo’s Alex Franqui to discuss what we can expect from Kensington Yards Phase 2. Here’s what we learned!
Question: What’s exciting about Building B?
Alex: The home stretch! It will be great to have 7 exceptionally thought out spaces for sale. In particular, I’m excited about the largest one bedroom, which is about 1,200 square feet on the top two levels. That should be a terrific, one of a kind space.
Q: What are the design goals and core values of this phase?
A: We’re looking to provide great light and large, usable spaces that prioritize the daily living experience of the residents while also aiming for energy efficiency. We want to give residents something more than what else is out on the market, and to a create a building that is additive to the community at large. We really want to respect the current built environment while at the same time creating something new and modern that’s nice to look at.
Q: What kind of community are you building?
A: This is tough, because we don’t select the members of the community. The community selects itself in a way. We believe that people who prioritize design and appreciate the texture of the neighborhood will want to be members of this community and build on it together. People of various ages and backgrounds have been attracted to the units so far. It is very much a microcosm of our diverse city here in Philadelphia.
Q: What role do you see KY playing in the fabric of the neighborhood?
A: We want people to stop and say, “Wow, new construction can look great!” We hope that through our clean, straightforward design we can show people what’s attainable. Maybe some other developers will take notice as well.
Q: What’s exciting about Kensington?
A: Kensington is Philadelphia. It’s a mix of industrial, residential, and cutting edge commercial. It’s racially and ethnically diverse. It has room for newcomers and a strong existing community that helps guide the shape of things to come.
The target completion date for Phase 2 is August or September 2018 so stay tuned for more information and updates as building progresses! Can’t wait for Phase 2? There are just a couple units from Phase 1 left, available here. Need more info on that communal courtyard ASAP? Check out our profile of Hans Hesselein of Apiary Studio on the blog. Curious about the architect behind the project? We have a blog feature on them too.