Exton’s Hankin Group is planning to bring its staple, the mixed-use neighborhood development, to Francisville in north Philadelphia, writes Jake Blumgart for the Philadelphia Business Journal.
The Philadelphia City Planning Commission voted last week to recommend a bill that would change the zoning for the 1.5-acre site to CMX-3. This designation will allow the construction of a diverse mixture of housing types.
Hankin Group focuses on New Urbanist principles in its developments, the majority of which are in the western suburbs. This ensures its neighborhoods have high walkability and are compact.
The development group had been considering the possibility of building on the location for several years. When the Office of Housing and Community Development put out a Request for Proposals to redevelop the site in the spring of 2009, Hankin jumped at the chance.
However, even with the recommendation by the Planning Commission, there is no guarantee that the zoning bill will pass. If it does succeed, it will be the crowning achievement of a decade-long effort by Hankin to develop the lot at Wylie, Cameron, and 19th streets.