Dwight City Group Redevelops Philly-Area Warehouse
The developer is repurposing a former tire factory.
Dwight City Group has begun transforming the old Hanover Street Mill warehouse and factory located in Pottstown, Pa. into an 85-unit luxury multifamily community.
This project is a part of the company’s dedication to providing areas with housing that will bolster the local economy. DCG took notice of the site before as the project plans previously fell through due to not being able to obtain parking relief, The Mercury reported in June 2023. Previously, the site was used as a warehouse for A. Abramson Tire Co., which was established in the town in 1917.
Once completed, the new residential space will feature one and two-bedroom apartments that are expected to start leasing in the next 12 to 18 months. Community plans also call for the construction of a 10,000 square-foot rooftop area with garden-style landscaping and green space for residents to use. Other onsite amenities include a fitness center, office space, indoor parking and a residential lounge.
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Located at 274 North Hanover St. in Pottstown, the future community will be located 41 miles northwest of Philadelphia. The Pottstown Riverfront Park, Memorial Park and the Steel River Playhouse are all within a mile of the construction site.
Dwight City Group has worked on a similar project in a different submarket of Philadelphia in recent years. In November 2023, the company transformed a warehouse built in 1925 in Upper Darby, Pa., to an 84-unit luxury community known as 901 Quarry. The project follows a similar layout with one and two-bedroom units available.
Philadelphia market continues to perform well
According to the latest Yardi Matrix report on the metro, Philadelphia’s pipeline has remained strong in 2025. Last year, the area saw its highest units delivered, with 8,470 units coming online. As of March, there were 16,763 units currently under construction, maintaining a strong supply.
Earlier this year, Monarq, a 149-unit office-to-residential luxury community project led by Keystone, received $42 million in financing. The project is transforming a 175,000-square-foot former office into apartments, and is set to open its doors in the first quarter of next year.
