Southeast Reading · 40.3220, -75.9080
This location may support
Outside the mapped zoning layer — check with the municipality.
~43,226 residents in 1.75 mi · 10,764 vehicles/day nearby
Approved & planned nearby
Former Santander building apartments1.30 mi
planned2028 · 178 homes
178 apartments proposed in the former Santander office tower on Penn Street. Plans cleared approval after years in limbo, with the planning commission tabling and then advancing revisions through 2025–2026. Source: WFMZ, Dec 16 2025, Feb 25 2026 and subsequent approval coverage.
Fifth and Penn mixed-use redevelopment1.35 mi
approved2029
$52M Shuman Development Group project across five downtown parcels — historic bank restoration, new infill housing and ground-floor retail at Fifth and Penn. Letter of intent signed Feb 2026; council approved the property sale in April 2026. Source: Reading Eagle, Feb 6, Apr 15 & May 4 2026; City of Reading press release.
400 block Penn Street building sale1.42 mi
approved2028
City council unanimously approved the sale of a string of long-vacant 400-block Penn Street properties to developer Alan Shuman, clearing the way for redevelopment. Source: Reading Eagle, Apr 15 2026; WFMZ, Apr 13 2026.
When do these break ground? Source Local planning feed: municipal planning-commission and council actions plus local reporting. Each entry names its source. Confirm current status with the municipality.