Northbank Townhomes Starts 2021 with Stellar Sales Momentum

(Philadelphia—February 2, 2021) The Northbank Community, the largest new planned urban community in Philadelphia, began the new year with 50 townhomes under contract and continue to see strong sales momentum through January. The residential community of Northbank, located on 30 acres along the Delaware River waterfront, will open the door to 358 townhomes and stacked condominiums at full completion.
“We were thrilled with the strong sales pace since launching Northbank in October 2020 and that pace has only remained steady as we start the new year. This location with waterfront views and luxury homes featuring spacious floor plans make this a highly desirable community and like no other in Philadelphia,” said Clint Mann, President of Urban Pace.
These townhomes with views of the Delaware River and Philadelphia skyline, range from over 1,800 to 3,800 square feet and offer generous outdoor living and entertainment areas. Buyers can select from three- to five-bedroom floorplans and one- or two-car garages. Select units have private elevators and expansive rooftop decks. Homes at Northbank start in the high $400’s.

Steve and Carla were one of the first couples to write a contract for a new home at Northbank. “We chose to purchase a home at Northbank after we toured The Locks, the Manyunk Community developed by D3 Developers. We were extremely impressed with the homes at The Locks, but we were a bit apprehensive about moving to Manayunk as we were concerned, we would be too far away from Center City.  When we learned that D3 was doing a project on the waterfront by Fishtown, we signed up for the initial sales presentation and purchased our home the very first weekend they went on sale,” said Steve in a recent interview with the sales team.

This is the third project that Urban Pace and the development team of Concordia, D3 and Resmark have collectively worked on together. The partnership previously developed Southwark on Reed, a community of 91 townhomes at the site of South Philadelphia’s former Mt. Sinai Hospital, as well as The Locks, a 60-townhome community in Manayunk on an island between the Schuylkill River and the Manayunk Canal.

Contact:
Natasha Stancill, Urban Pace
202-253-3953
nstancill@urbanpace.com

For more information on Northbank, please visit www.liveatnorthbank.com.

About Concordia Group
The Concordia Group specializes in the development of urban, infill residential and commercial real estate throughout the Mid-Atlantic region. The Principals of The Concordia Group have over 40 years of combined experience and expertise in different facets of real estate development and manage the intricacies of development with expertise and innovative solutions.

About D3 Real Estate Development
D3 is a Philadelphia-based civic-minded, design-driven real estate company focused on developing progressive, modern and high-quality residential and mixed-use communities and providing Owner’s Representative and Development Management services to organizations that require focused, experienced guidance and assistance with their real estate needs.

About Urban Pace 
Urban Pace is the Mid-Atlantic leader in development real estate services including marketing, sales, leasing and advisory. Founded in 2001, our team is the experienced authority having worked on more than 275 communities from large master planned sites to urban boutique buildings. We specialize in condominiums, townhomes, apartments and new construction sites across all price points. Combining our strategic approach and proprietary technology, UPvelocity™, we have a track record of driving traffic and revenue with extraordinary results.  As part of a billion-dollar entity, The Long and Foster Companies, we have unmatched resources with a network of 11,000 agents and a dedicated Asia Pacific team. 

For more information on Urban Pace, please visit www.urbanpace.com or call 202-296-1203. Follow Urban Pace on Facebook, (www.facebook.com/urbanpace) and Twitter (https://twitter.com/urbanpace).