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Old Posted Apr 22, 2015, 3:17 PM
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hammersklavier hammersklavier is offline
Philly -> Osaka -> Tokyo
 
Join Date: Apr 2008
Location: The biggest city on earth. Literally
Posts: 5,863
From the site:
Quote:
RAL has been hired by the lender on this foreclosed 3.75 acre site to analyze the site’s development potential. Located at the edge of Philadelphia’s Loft District and Spring Gardens neighborhoods, the area is at the tipping point of renewal.

RAL has identified the opportunity for an 860,000 square foot mixed use development along with potential for substantial financial incentives. RAL is working with the bank’s senior management and Philadelphia’s administration to envision a project that will act as a catalyst to drive the revitalization of the neighborhood.
...and this is the sum total of the known information on the project.
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