Kelly Drive in East Falls, with its vistas of the Schuylkill River, close proximity to the paths that wind through Fairmount Park and easy access to major highways, is finally growing up.
It’s about time.
Developers are building residential projects along a small section of Kelly Drive at its intersection with the Falls Bridge and west of Calumet Street, taking a gamble that people will want to live in what is an otherwise prime location. Though areas along Ridge Pike in East Falls have proven successful for residential living, Kelly Drive has been an uncharted territory. For decades, the sliver of land that runs from Calumet west to an on-ramp, has sat fallow with dilapidated buildings.
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Now, there’s evidence people indeed want to live there and developers are finding ways to make projects financially work.
Find out more about the developments at the Philadelphia Business Journal.
For more business news, check out pbj.com.