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Philadelphia Land Bank Authorizes Disposal of 9 Parcels to Mantua 10, LLC for Homeownership Housing

  • When: 2024/06/12
  • Address: 666 Union St, Philadelphia, PA
  • Address: 674 Union St; 3842 Aspen St; 3844 Aspen St; 3851 Aspen St; 3855 Aspen St; 747 N 39th St; 3902 Brown St; 3906 Brown St
  • City: Philadelphia
  • State: PA
  • Category: City Properties
  • Subcategory: Land Sale
  • Asset Class: Detached Housing
  • Property Type: Single-Family Residential
  • Planning Department: True

The Philadelphia City Council authorized the Land Bank to transfer title of 9 properties across Union St, Aspen St, N 39th St, and Brown St in the 3rd Councilmanic District. This resolution amends a previous approval, changing the development entity from BKP Development Group, LLC to Mantua 10, LLC. The properties are designated for the development of homeownership housing, which will be eligible for the Neighborhood Preservation Initiative's Turn the Key program. The transfer aligns with Chapter 16-700 of The Philadelphia Code, regarding Land Bank property disposition, and required Council's prior approval due to the material change in the development entity.

Source

Applicant - Mantua 10, LLC


Ownership - Philadelphia Land Bank


Developer - Mantua 10, LLC


City Representative - Councilmember Gauthier