Hagert & York Luxury Apartments located in Philly’s Vibrant Neighborhood Now Open

September 19, 2023 admin

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For Immediate Release
Media Contact:
Jennifer Sherlock
jsherlock@jennacommunications.com
609-369-3482

Hagert & York Luxury Apartments located in Philly’s Vibrant Neighborhood Now Open

Escape to Home with a Coffee Shop on the Ground Floor, and a Rooftop with Full Views of the City

PHILADELPHIA- September 19, 2023 – McGovern Holdings partnered with Saxum Real Estate on a 294-unit apartment community in the Fishtown/East Kensington neighborhood. The building will be full of amenities ranging from a coffee house/co-working concept, two rooftop lounges, fitness centers, club rooms, electric charging stations & much more. The community is set to elevate this sub-market to a new standard as U.S. renters consider an apartment’s amenity offerings in their search for a home top of mind.

Amenities are commonly cited as one of the reasons prospective residents sign or renew a lease. They help separate one apartment building from another. A recent study from Statista lists the top ten wanted amenities from renters. Of the ten, Hagert & York Apartments has seven of them: gym/recreational facilities (29%), pet services (24%), shared kitchen/dining areas (24%), package management system (18%), pools (17%), co-working spaces (16%), and greenspace-rooftop deck/courtyard (15%).

Hagert & York Apartments opened in July in Fishtown, one of America’s hottest neighborhoods to live in according to Forbes. Located on the 1900 block of E. Hagert and E. York Streets, the community is near farmers’ markets, dining, close transit options, and many breweries. It’s also pet-friendly and has an on-site café.

Founder of McGovern Holdings, Sean McGovern said, “The fundamentals of the Philadelphia market remain strong. Compared to other cities, Philadelphia is relatively affordable, maintains a healthy source for high-paying jobs & hosts some of the best restaurants & nightlife in the Country.

A grand opening at Hagert & York is scheduled in October. If you want more information, please email Jennifer Sherlock at jsherlock@jennacommunications.com.

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McGovern Holdings
As a seasoned Philadelphia-based Real Estate Developer, Sean McGovern brings over 12 years of experience in both commercial & residential development projects. Socially minded, McGovern feels a sense of responsibility to the neighborhoods in which he works. He brings life into blighted buildings and decaying lots with a modern industrial design that pays homage to the historic nature of Philadelphia. Now, McGovern has personally invested and developed over $500 Million in both commercial & residential development projects and specializes in Multi-Family Housing. With a successful track record in various roles as a sponsor or investor, he continues to invest in Philadelphia’s hottest neighborhoods. McGovern’s Family Office is expanding into Texas with over $2 Billion in development projects with their current pipeline.

Saxum Holdings
Saxum Real Estate, a vertically integrated, privately held real estate investment firm and McGovern Holdings, a Philadelphia-based real estate developer (collectively, the “Partnership), have sourced an opportunity to acquire and develop a site located in the Fishtown-Kensington neighborhood of Philadelphia. Prior to the transaction closing in March, the Partnership will have received Full Zoning Approval to build approximately 294 residential units (the “Project”) and anticipates having Building Permits by June 2021, which would result in a July groundbreaking.

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Hagert & York Luxury Apartments located in Philly’s Vibrant Neighborhood Now Open

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