Thursday, August 29, 2019

Massive $6.5B Redevelopment Planned for University City

University City is in for some major changes thanks to a new redevelopment plan from Amtrak and partners SEPTA, Brandywine Realty Trust, and Drexel University. The plan will be the single largest development project in the Commonwealth of Pennsylvania and turn West Philadelphia into a regional economic hub. 

The development is expected to cost $6.5 billion, with $2 billion going to infrastructure investments and the other $4.5 billion coming from developers.

The project is expected to create 22,000 construction jobs and another 10,000 permanent jobs, and add 8,000 to 10,000 residents to the city’s population.

The massive venture will focus on the area around 30th Street Station, the second-busiest station in the Amtrak system, ultimately turning the area into a second downtown for Philadelphia.

Plans for the station and surrounding neighborhood will start with the capping of the existing Amtrak and SEPTA-owned rail yards to accommodate 10 million square feet of development along the Schuylkill River.

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New office, retail and residential buildings containing 18 million square feet of total space and 40 acres of open space would be created, with most of the development privately financed.

The project will include housing for 10,000 residents and create 1.2 million square feet of commercial space.

Three pedestrian bridges across the Schuylkill River, linking University City with Logan Square and Center City, are also planned.

The redevelopment site consists of a total of 175 acres in the University City neighborhood, 88 of which is occupied by the Amtrak rail yard.

This project is the culmination of a two-year study of the site, which extends east of Drexel’s campus between Walnut and Spring Garden Streets and northeast from 30th Street Station.

Among the infrastructure improvements are plans to relocate a ramp for the Schuylkill Expressway in favor of a new bus terminal.

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In addition to the bus facility, Amtrak also plans to expand The Porch at 30th Street Station.

A new gateway park will surround the facility with a tree-lined promenade along the river, a west-side plaza that could be used for large-scale events and a north plaza along Arch Street.

The 30th Street Station itself will also receive a major renovation that will add retail space and a new pedestrian plaza around the train station.

A new underground concourse that will connect the SEPTA subway station at 30th Street to the Amtrak station, is also planned.


   

Wednesday, August 21, 2019

Developer Proposes Massive Project in South Philly

A local developer has big plans for the northeast corner of Broad Street and Washington Avenue in South Philadelphia. Bart Blatstein is seeking approval from the city’s Planning Commission to build a major mixed-use development on a vacant 4-acre block that could bring nearly 1,000 apartments and an 80-room hotel to the city.
 
Known as 1001 South Broad Street, the 4.4-acre mega-project will comprise 1.8 million square feet of retail and residential.

Plans call for the construction of a 34-story, 944-unit luxury apartment tower (with 80 hotel rooms on floors two through nine), 11 ground-floor retail stores, 882 parking spots and 357 bike parking spaces, at the corner of South Broad Street and Washington Avenue.

The 371-foot-high building will need zoning variances for roof decks for non-residential use and a parking garage.

The L-shaped development will also comprise a smaller residential building with approximately 60 units and additional commercial/retail and dining establishments on its fourth-level rooftop, dubbed the ‘Village.’

The Village is set to include outdoor gathering spaces and more intimate exterior pathways lined with small retail boutiques and both formal and casual dining establishments, reminiscent of a French village in Provence.

Overlooking the pedestrian streets, this surface will also feature two stories of quaint but luxurious walk-up apartments totaling approximately 100-120 units.

Additionally, the development will bring office space for modestly-sized businesses and co-working users, as well as three levels of a structured self-park garage with about 625 spaces for the use of residents, shoppers and visitors alike.

The site of the project, viewed as a gateway intersection between South Philadelphia and Center City, is bounded by South Broad Street to the west, Washington Avenue to the south, N. 13th Street on the east and Carpenter Street to the north.

Vehicle access to both the parking facility and the numerous internal off-street loading dock facilities is proposed to be through curb-cuts and entrance portals, two of which are along Carpenter Street and one along Washington Avenue. No curb cuts are proposed along S. Broad or S. 13th Streets.

Blatstein’s proposal, which could bring approximately 1.8 million square feet of residential and commercial space, will be reviewed by the Civic Design and Planning Commission on March 1.

Zoning variances will be needed for the project’s roof decks for non-residential use and parking garage. The site is already zoned CMX-5, the most permissive commercial zoning classification in the city. The CMX-5 zoning requires a special exception to include parking spaces above ground.

Washington Avenue is brimming with potential, and its future has become a hot-button topic in real estate circles. Developers have snapped up its many vacant lots and aging industrial buildings, and the city has been seeking to re-zone the former industrial thoroughfare in order to spur its development.

Trendy businesses have open alongside long-standing construction supply warehouses, seafood mongers and auto-repair shops.

The developer’s past projects in the city include the development of Piazza in Northern Liberties, which is modeled after Rome’s Piazza Navona, as well as shopping centers on Columbus Boulevard in South Philly.

A few years ago, Blatstein unsuccessfully attempted to convert the old Inquirer building on North Broad Street into a hotel and casino.

In a partnership with Cescaphe Event Group, the developer is also planning to convert the former PECO power station next to Penn Treaty Park in Fishtown into a wedding venue and event space.

Mr. Blatstein is currently building a mansion for himself on Rittenhouse Square.

Wednesday, August 14, 2019

University Plans Massive $1.5 Billion Hospital Tower

The University of Pennsylvania is planning to knock down its Penn Tower to make way for a new $1.5 billion hospital building that will house 700 patient beds, 50 operating rooms and other health-care services.

The city planning commission has already approved plans for the 343-foot-tall structure that will take the place of the university's Penn Tower once its demolition is complete.

The 1.1 million-square-foot New Patient Pavilion will include 500 inpatient rooms, 50 operating rooms, and an emergency section, as well as a 650-space underground parking garage.

The commission voted to permit changes to the University of Pennsylvania master plan needed for construction of the building at 300 S. 33rd Street, which will serve as a patient-intake hub for surrounding medical facilities.

Plans include linking the new tower with Penn's existing hospital building complex and with the Perelman Center for Advanced Medicine.

Construction will be done in multiple phases. It’s expected that the University of Pennsylvania Health System will begin razing Penn Tower this year to make way for construction of the new hospital.

The existing Penn Tower was originally built in 1975 as the Hilton Hotel of Philadelphia. The structure was later acquired by Penn and has housed a variety of offices and clinics for the Penn Health System.

Those operations and employees have or will be relocated to other sites in University City and in Center City in preparation of its eventual demolition.

L.F. Driscoll and Balfour Beatty Construction have been retained to oversee the building of the new Hospital of the University of Pennsylvania facility. Driscoll is a Philadelphia construction management firm owned by Structure Tone.

Balfour Beatty Construction is a national construction management firm based in Dallas. Driscoll has been a go-to firm for the health system in the past and has completed a deep list of projects for it.

The architectural firm Foster + Partners will design the estimated $1.5 billion project. Foster + Partners, based in London, is a world-renowned firm that also designed the Comcast Center for Innovation and Technology. L.F. Driscoll is also the general contractor on that $1.2 billion project.

HDR Inc., one of the leading health care architects, is also on the team. The innovative firm has designed medical and health related facilities across the United States and around the world.

The health system is one of Philadelphia’s largest employers and is a huge economic engine for the region. The health system and medical school together form a $4.3 billion enterprise and the area’s most profitable medical center.

Tuesday, August 6, 2019

New 29-Story Condo Tower to be Built on Jewelers Row

A new condominium tower is planned for Philadelphia’s historic Jewelers Row, just off of Seventh and Sansom Streets. The new tower at 702 Sansom Street will be 29 stories and 354 feet tall and will have 115 condominium units. The project is being developed by luxury homebuilder Toll Brothers, and is being designed by SLCE Architects. 

The controversial part is that Toll Brothers is planning to demolish five 18-foot wide, midrise buildings that housed jewelry stores and gem cutting and polishing rooms on upper floors, arguing that the buildings’ different heights and floor alignments wouldn’t be compatible with a modern, ADA-accessible building. 

Jewelers Row is a storied Center City shopping street characterized by midrise buildings devoted entirely to jewelry sales and manufacturing by small local retailers, which makes a high rise building additionally controversial. 

Efforts to stop the demolition of the existing buildings, in court and by the Zoning Board, have failed and now the developers and architects presented their plans to the Planning Commission’s Civic Design Review Board.

The new tower will be 29 stories and 354 feet tall and will have 115 condominium units.  The units will be one, two, and three bedroom units, with the main entrance and lobby on Sansom Street. 

The developers are planning 2,600 square feet of retail space in hopes of returning the retail space that will be lost when the previous buildings are demolished. The new retail likely will be jewelry stores. 

The new building will have no on-site parking, but Toll Brothers is contracting with nearby garages to provide at least 40 parking spaces and will offer a valet service out front.

There will, also, be 37 bicycle parking spaces. 

The new tower will be set back from the four-story podium, with private terraces for the fifth floor residences.