We were in the area the other day and noticed that two homes are currently being demolished near the Piazza. 1133 and 1135 Germantown Ave. sit on a triangle of land bounded by 2nd Street to the east, Girard Avenue to the north, and Germantown Avenue to the west.
These two homes have sat more or less alone here for quite some time, aside from the paint store at the corner of Germantown & Girard and the vacant building at the corner of 2nd & Girard. For years now, it’s been four buildings and a whole lot of vacant land. But could that be changing soon?
One thing is for sure, soon enough it will be two buildings and whole bunch of vacant land. But doesn’t it seem curious that this parcel sits vacant while two massive developments have gone up across the street in the last ten years? Well, it doesn’t seem quite so curious if you know that Tower Investments, the folks who built the Piazza and the Superfresh, own all of the vacant land in question. As is always the case with this company, there’s a plan for the parcel, in due time.
What we can’t quite figure out is who owns the two homes being demolished. Both are owned by 1151 Hancock Partners, which is a different development company than the one that owns the vacant lots on the block. We’re fairly certain that this is also a Tower holding company, but we confess we’re not sure. Let’s assume for a second that it is- could this mean that the entire block will soon be redeveloped? Sure seems possible.
Now if only Mr. Blatstein could convince the owners of the property on the corner to sell it off.
Would be pretty nice, right?