LVL North

Alterra acquired this 1.5-acre site in February of 2020, in partnership with JP Morgan Asset Management, and commenced construction in June of 2020. Completed in mid-2022, the LVL North, is a 500,000+ sq ft, 7-story project, featuring 410 Class-A apartments, 300+ internal parking spaces in a two-level underground garage, a full-service grocery store on the ground floor, and over 60k sq ft of additional commercial space on the second floor. This is the third project where Alterra has developed an infill, mid-rise, modular housing project in Philadelphia. The speed and efficiency of modular construction are on full display here, where Alterra and its project partners were able to go from demolition/excavation, all the way through to final completion in a mere 24 months.