Thursday, April 26, 2012
Updated plans for East Falls' Rivage site
Onion Flats has released an updated version of its proposed 123 unit, mixed-use apartment complex along Kelly Drive and the Schuylkill River in East Falls; now known as Ridge Flats.
The Rivage site is bounded by both Ridge Ave and Kelly Drive, and it has sat vacant for years with many different projects coming and going. Most of the time funding was the major issue, but it looks like Onion Flats has almost everything together to move ahead with their forward thinking project.
Ridge Flats will capitalize on the ever growing Philadelphia rental market by providing future tenants with a sleek/modern design, net-zero energy accommodations, and commercial spaces at street level.
For someone who lives close to this site, I'm of the opinion that this is a great project for Ridge Ave in EF; and it's long overdue for this prime location.