Shift Capital announces Phase II of the Beury Project
February 9, 2018
Shift Capital is excited to announce the next phase of the redevelopment of Broad, Erie & Germantown Ave. With the mixed-use development of the Beury Building (Phase I) scheduled to begin construction in 2018, the Shift Capital team is releasing its preliminary designs for the 3700 block of North Broad Street. Working with Philadelphia’s own Digsau, the preliminary plans will utilize the core strength of Broad & Erie – a transit hub with over 22,000 commuters traveling through on a daily basis and over 6,000 hospital workers and students just a block and half away at Temple’s Medical Campus.
Initial plans include 20,000 SF of ground floor retail and 90+ units of 1-bedroom and studio apartments. Plans for Phase II also include the design of a public space that will seek to augment and strengthen Triangle Park directly across Broad Street. The Shift Capital team will work closely with community leaders and stakeholders of Broad & Erie to assist in the continued programming of the overall project.
About Shift Capital:
Shift Capital is an urban real estate firm focused on producing strong economic returns while making stronger, more inclusive and sustainable cities.
Our mission is to provide the urban communities we invest in with employment, and other measurable social and economic impacts by acquiring and improving the existing real estate stock and re-tenanting those assets with businesses and individuals that share our common vision.
We believe in minimizing displacement of communities, long-term residents and the creative community, through a strategic exit strategy to increase property ownership and preserve long-term affordability for all.
For commercial leasing inquiries please contact:
Stuart Hean: email@example.com
Jeff Kahn: firstname.lastname@example.org
Photo: Main rendering of Beury Project Phase II
Photo: Close-up of public access of Beury Project Phase II
Photo: Connecting the project to Triangle Park by creating public space for the community.