/

|

Jersey City, New Jersey-based U.S. Development has transformed two vacant city blocks in Philadelphia’s Fishtown neighborhood into Frankford Grand, a new 107-unit luxury multifamily and retail property, according to a news release shared with Multifamily Dive. Leasing began on Sept. 18.

The five-story property, designed by New York City-based architect Perkins Eastman, was built to evoke the working-class character and history of Fishtown with a brick facade and black-trimmed loft-style windows. Two retail spaces extend across two stories and 15,000 square feet, built to accommodate a variety of uses, including a restaurant, bar or entertainment space. Both spaces have large outdoor patio areas for customer seating.