Developers plan to build houses and apartments on vacant lot in Port Richmond.

Significant residential development is on the horizon for Port Richmond, a neighborhood that has long witnessed demographic shifts and revitalization over the past 15 years. Jenkintown-based developers are planning to construct a total of 162 housing units across two neighboring sites. This initiative aims to transform one of the last large vacant lots in the area, strategically located on Castor Avenue, into a vibrant residential community.

The first proposal involves a four-story apartment building at 2620 Castor Avenue, set to comprise 94 units. Adjacent to this structure, the second proposal calls for the development of 68 duplexes and triplexes at 2650 Castor Avenue, which will convert a currently vacant grassy lot. This development will feature eight triplexes and 22 duplexes, designed with a mix of one-bedroom and three-bedroom units to cater to a diverse population.

The project is backed by a limited liability company that shares its address with Frankel Management Co., a prominent real estate firm in Jenkintown. However, inquiries directed to key figures such as owner Sean Frankel and developer Tim Ajvazi have yet to elicit a response regarding the upcoming developments.

Port Richmond is characterized as a working-class neighborhood with a substantial Polish-American community. As the surrounding areas, particularly Fishtown, have experienced a surge in new developments, the proposed projects at Castor Avenue represent a crucial step toward filling one of the last underutilized parcels in the vicinity. According to zoning attorney Alex Goldberg, the land’s vacant status is increasingly conspicuous amidst the region’s transformation.

Before moving forward, both projects require approval from the Zoning Board of Adjustment, with a critical meeting scheduled for November 19. The duplexes and triplexes will comprise 50 surface parking spaces organized between the homes, which are intentionally designed to face away from the busy Castor Avenue, promoting a neighborly atmosphere.

While the developers are not promoting subsidized housing, the diversity in housing options will facilitate a broader range of income levels among residents. Multifamily dwellings such as these tend to contribute to a more affordable housing landscape, making homeownership attainable for various demographic groups.

The four-story apartment building, designed by Ambit Architecture, will offer commercial space along with 68 parking spaces. As part of the architectural vision, unique design features, including a row of flags atop the structure, have been proposed to celebrate community spirit and bid