Philadelphia, Pennsylvania condo association

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The Wireworks

The Wireworks is a condo association in Philadelphia, Pennsylvania. This profile tracks monthly dues $300/mo, built in 1870, reserve study status not yet verified, along with amenities, reserve questions, and document...

Profile 33% complete — board members can fill in the rest

HOA dues, reserve study, and community facts

Units
Year built 1870
Monthly dues $300/mo
Reserve health Check my risk
Active listings 1
Median sale price $265K

Amenities

No amenities listed yet.

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Board and management

No board listed — who's managing your dues?

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Reserve study and funding

The Wireworks has no reserve study on record. Without one, there's no way to know if dues cover what's coming.

Check what's missing

5-year outlook

Will you get hit with a special assessment?

Special assessments can run into thousands per unit when major work outruns reserves. We model that risk for The Wireworks based on reserve health, building age, and Pennsylvania requirements — so you see it coming before the board votes.

Special assessment risk Planned dues increases Reserve shortfall forecast
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Values used: scaled defaults where community data is unknown — unit count (default 100 — unknown for this community); starting reserve (scaled from unit count at $15k/unit); annual opex (scaled from revenue at 84%).

Try it on a typical condo

A mid-size urban condo, five years out

Starting reserve $1.5M · $500K/yr dues revenue · $420K/yr operating expenses · $1.5M of reserve-study capital work over five years. Switch on the levers your board actually controls and watch where the reserve lands.

5-year ending reserve$385KReserves tight — thin margin
$0HEALTHY TARGET · $1.0M202620272028202920302031$385K
Annual dues increase+5% compounding · $360K/yr → $459K/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $302K/yr → $368K/yr by 2031
4%
Board member next stepTurn this scenario into a board-ready next step.

Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About The Wireworks

The Wireworks is a condo building at 301 Race Street in Philadelphia’s Old City neighborhood, housed in a building originally constructed in 1870. The converted industrial space sits at the northern edge of Old City, near the Benjamin Franklin Bridge and the Race Street Pier.

What we know

  • Year built: 1870
  • Monthly dues: $300/mo
  • Active listings: 1 as of April 2026
  • Median sale price: $265K

Reserve health

Reserve health hasn’t been verified for The Wireworks yet. Before you approve a budget, pay a special assessment, or close on a unit here, Pennsylvania law defines exactly what reserve records a condo must keep and what owners can request — see Pennsylvania condo reserve funding rules.

What’s still missing

  • Unit count
  • Management company name
  • Amenity details
  • Reserve study date and reserve balance
  • Special assessment history
  • Board roster
  • Community photos

For board members

If you serve on this board, you can claim this page to add accurate reserve data, board roster, and community photos.

More Philadelphia communities

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Pennsylvania laws that apply here

Condo board meeting notice

Pennsylvania condo board meeting notice rules, in plain language

How Pennsylvania's Uniform Condominium Act handles board meeting notice — a 10–60-day statutory window — and the same structural gap as the HOA act: no apparent statutory open meeting mandate for condominium executive boards.

68 Pa. C.S. § 3308 — Uniform Condominium Act, meetings
Condo reserve funding

Pennsylvania condominium reserve funding rules, in plain language

How Pennsylvania's Uniform Condominium Act actually handles reserves — through mandatory disclosure of the reserve amount or its absence in offering statements and resale certificates, with statutory protection against pledging reserve funds, but no reserve-study mandate or minimum funding rule — and what that disclosure-driven posture means for a board, owner, or buyer.

68 Pa.C.S. § 3402(a)(6) (public offering statement reserve disclosure), § 3407(a)(5) (resale certificate reserve disclosure), and § 3302(a)(2) and (17) (association budget authority and reserve fund protection) — Pennsylvania Uniform Condominium Act
HOA board meeting notice

Pennsylvania HOA board meeting notice rules, in plain language

How Pennsylvania's Uniform Planned Community Act handles board meeting notice — a 10–60-day statutory window — and the critical gap that makes Pennsylvania an outlier: no open meeting mandate for HOA boards under current statute.

68 Pa. C.S. § 5308 — Uniform Planned Community Act, meetings
Reserve funding

Pennsylvania planned community reserve funding rules, in plain language

How Pennsylvania's Uniform Planned Community Act actually handles reserves — through mandatory disclosure of the reserve amount or its absence in offering statements and resale certificates, with statutory protection against pledging reserve funds, but no reserve-study mandate or minimum funding rule — and what that disclosure-driven posture means for a board, owner, or buyer.

68 Pa.C.S. § 5402(a)(7) (public offering statement reserve disclosure), § 5407(a)(5) (resale certificate reserve disclosure), and § 5302(a)(2) and (17) (association budget authority and reserve fund protection) — Pennsylvania Uniform Planned Community Act

Is this your community?

Board members and property managers can claim this page to add photos, amenities, board roster, and reserve details. Make The Wireworks look as good online as it does in person.

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Next step

Need documents from The Wireworks?

We can help you request reserve studies, budgets, and meeting minutes. Pick the option that fits.