South Philadelphia’s first Housing Community Seeking LEED Certification, reNewbold, broke ground this week. LPMG, Newbold’s own property management and development company, is bringing about the single largest private investment in Newbold in more than 50 years. With the groundbreaking of “reNewbold,” we will have the only sustainable residential development seeking LEED Platinum certification in South Philadelphia.
LPMG Companies, after several years of planning, will bring this opportunity to neighborhood residents who have overwhelmingly embraced the proposed green South Philadelphia infrastructure. LPMG has chosen the successful, award-winning combination of Postgreen Homes and Interface Studio Architects to manage the construction and design of the project.
reNewbold will be the first attainably priced modern and super insulated homes in South Philadelphia. The development will include:
– 16 Rowhomes – A mix of two and three-story homes with onsite parking.
– 2 Condos – Spacious condo units above the retail space.
– 1 Retail Unit – Integrated corner retail
The ground breaking ceremony included principles of LPMG, PostGreen Homes, Valley Green Bank, Councilman Kenyatta Johnson, and community leaders. The ceremony was then followed by a community cook out where neighbors mingled to learn more about the development and the LEED certification.