Changing Skyline: Developer Roland Kassis Transforming Fishtown Into Hip Haven

Every changing neighborhood in Philadelphia seems to have one: a developer who dominates the scene.

In Northern Liberties, it’s Bart Blatstein. In Newbold, it’s John Longacre. In Point Breeze, it’s Ori Feibush. On South Broad Street, it’s Carl Dranoff. They amassed their real estate holdings when the neighborhoods were cheap, then became the masters of their destinies when the places emerged, Sleeping Beauty-like, from slumber.

Now, it’s Fishtown’s turn, and Roland Kassis is the reigning developer. Over 25 years, Kassis estimates, his company, Domani Developers, has collected a million square feet of property, mainly in old manufacturing buildings along Frankford Avenue, the neighborhood’s commercial spine. That’s almost as much space as the Comcast Tower holds.

Kassis, 44, who was born in Lebanon, raised in Liberia, and speaks French, exhibits the same manic energy and insatiable appetite for abandoned factories as the other neighborhood titans, but he has a sensibility more in tune with Fishtown’s arty, DIY, tattoo-and-vintage-loving culture. He not only nurtured a yoga studio on Frankford Avenue, he practices there and eschews meat. It’s hard to imagine many other Philadelphia developers chanting “Om.”

Read more at http://www.philly.com/philly/home/20150306_Changing_Skyline__Developer_Roland_Kassis_transforming_Fishtown_into_hip_haven.html#AgDY2fTHVBtIvMvF.99

Changing Skyline: Cool Affordable Housing For Young Teachers

Map of Pennsylvania highlighting Philadelphia ...

Map of Pennsylvania highlighting Philadelphia County (Photo credit: Wikipedia)

It’s easy to imagine the sprawling 19th-century brick mill on South Kensington’s Howard Street as just another high-end apartment complex for twentysomething professionals, the newest outpost on Philadelphia’s ever-advancing frontier of gentrification.

Situated a few blocks north of Fishtown‘s hipster bars and BYOB food shrines, Oxford Mills preserves the kind of authentic architectural details that make young, and not-so-young, renters swoon: high ceilings, huge windows, thick wooden beams.  The amenities hail straight from the wired generation’s handbook.  Plans call for an office incubator that rents desk space by the day and a public cafe that spills onto a sliver park furnished with outdoor tables and a fire pit.  You know, for those cool, late summer nights when you want to linger with friends.

But Oxford Mills, which will hold a ceremonial groundbreaking Wednesday, ventures down an uncharted path.  It is being built by a private company, D3 Real Estate, which intends to market the units as affordable housing to teachers, especially novices working in programs like Teach for America, and others who fall into the growing category known as “the working poor.”

Newly minted professionals with college degrees are not generally seen as the target demographic for low-income housing, a term that still brings to mind no-frills residential complexes built for the chronically poor, elderly, or disabled.

Read more:  http://www.philly.com/philly/home/20130415_Changing_Skyline__South_Kensington_housing_development_for_low-wage_workers_is_a_socially_driven_project.html

Crime Has Some Thinking Twice About Philly Life

English: This is my own work, Public Domain Ph...

English: This is my own work, Public Domain Photograph, not copyrighted Ed Yakovich http://www.flickr.com/photos/10396190@N04 (Photo credit: Wikipedia)

BORN-AND-RAISED Philadelphian Danielle Harvey never really saw herself moving away from her hometown.

Then, last spring, she witnessed a shooting at the same bus stop where she had been robbed about a month before.

Harvey, 24, who worked at a law office in Center City, said that she was able to shake off the robbery, in which her phone was stolen and pockets rifled through at a bus stop outside Frankford’s Margaret-Orthodox El station.

“You live in the city, this stuff happens,” she said.  “That made me think this city is getting a little tiring to live in, but I never really imagined myself being somebody who could move.”

Then, about a month later, as she waited at the same bus stop, a man across the street from where she stood was shot in the neck.

“[The shooting] was pretty much the thing that more or less sealed it for me thinking I should get out of here,” she said.

Read more:  http://www.philly.com/philly/news/20130225_Crime_has_some_thinking_twice_about_Philly_life.html