By Eric Curl
Dec. 6, 2022 – New York-based Procida Development Group recently began clearing the site for a 3-story apartment complex at 601 East 39th St, following the city’s recent issuance of a building permit for the project.
Located on the southeast corner of 39th and East Broad streets, the planned 38-unit apartment development consists of three buildings with some street-level retail on the westernmost building adjacent to East Broad.
The plan includes the demolition of a single-family home and one-story commercial building on two adjacent parcels east of a vacant lot that is also part of the development site. In addition, a parking lot is being developed on two parcels across 39th street and some on-street parking will also be provided for a total of 44 spaces.
The project’s architect is Gunn Meyerhoff Shay Architects and the contractor is The Pinyan Company.
The properties are part of a planned urban development that also includes the Hop Atomica microbrewery and restaurant across East Broad, in addition to an apartment building catty corner to the planned multifamily housing complex.
Construction is expected to take about 16 months and the rental rates will be in line with the market once the units are ready to lease, according to Peter Procida, Procida Development Group project manager.
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