Mixed-Use

PHILADELPHIA — Tower Investments is nearing completion for The Piazza at Schmidt’s, a $150 million mixed-use project located in the Northern Liberties neighborhood of Philadelphia. The project consists of the brownfield redevelopment of the former Schmidt’s Brewery at Second Street and Girard Avenue. Upon completion, the project will comprise 500 residential units and 100,000 square feet of retail and restaurant space. In addition, the project will feature an 80,000-square-foot public space that will host events such as concerts, open-air markets, movie nights and private social events. The space will be able to hold up to 5,000 people and will include a permanent performance stage, as well as a 16-foot by 26-foot, hi-definition video screen. The grand opening is scheduled for May. The Piazza at Schmidt’s is the beginning of Tower Investments’ revitalization of Northern Liberties. Tower currently controls 28 acres of land in the neighborhood, which will eventually contain approximately 1,500 residential units and more than 400,000 square feet of office and retail space in a combination of redevelopment and new construction projects.

NEW YORK CITY — Meltzer/Mandl Architects has completed the design for The Smith, a 13-story mixed-use building located at 75 Smith St. in the Boerum Hill neighborhood of Brooklyn, New York City. The building will feature a 93-room hotel on floors one through four, 50 residential condominiums on floors five through 13, 1,100 square feet of medical office space, and retail space fronting Atlantic Avenue. The condos will be primarily two-bedroom units, but the 12th floor residences will comprise duplex units with rooftop terraces. The property will also feature 64 parking spaces and below-grade storage space. The building’s exterior is a brick and panelized façade, and the building steps down to four stories along its State Street frontage, in keeping with the look of the surrounding neighborhood of brownstones and townhome residences. The project’s developer is Boymelgreen, and general contracting services are being provided by Alisa Construction. The project’s timetable was not released.