And we bet you thought Mt. Sinai Hospital, which will soon become the linchpin of a new residential community, was in Pennsport. Surprise! It's the chief landmark in Philly's newest and hottest neighborhood.
Two years ago, not even its residents could have told you where Dickinson Narrows was. Sure, they could have pointed you to Dickinson Square, the park bounded by Moyamensing Avenue, Tasker, Morris and 4th streets, but they'd have likely told you it was in Pennsport.
Now, thanks to a hole in the city's fabric of Registered Community Organizations (RCOs), South Philly has a whole new neighborhood—and a national real estate website has named it the second hottest neighborhood in the country this year.
Dickinson Narrows—or Dickinson Square West, as the RCO formed to cover it calls it—is a narrow, two-block-wide strip of land stretching from Washington Avenue on the north to Mifflin Street on the south from 4th to 6th streets. It came into existence mainly because of the city's new zoning code, which formalizes the role civic and community associations have historically played in reviewing and approving requests for zoning variances. 4th Street was the western boundary of the Pennsport Civic Association's territory, and the Passyunk Square Civic Association's territory stretched no further east than 6th.
Voila! A neighborhood that will attract lots of buyers this year was born.
According to a report on Philly.com, affordability will be what lures buyers to Dickinson Narrows. The website says that this will be a "year of compromise" as buyers priced out of hot city-center neighborhoods seek homes they can afford without having to give up too much city-center accessibility and convenience.
That's as true in relatively affordable cities like Philadelphia as it is in more expensive ones like San Diego, home to the one neighborhood that topped Dickinson Narrows on the list, the El Cerrito section of that city. Dickinson Narrows, well served by transit and near several popular South Philly shopping districts, fills the bill nicely.
The Philly Living Team can guide you to great values not only in Dickinson Narrows but throughout South Philadelphia.
Photo by Nathaniel Popkin for Hidden City Daily