Quote:
Originally Posted by PurpleWhiteOut
https://www.inquirer.com/real-estate...-20220121.html
So it looks like they're going with L+M Development Partners and MSquared instead of Post Bros. The details aren't exactly clear of what their plan is yet, unless someone else here knows. Relocating the current tenants will be done over the next 90 days, so work could begin pretty soon.
"The development team’s initial proposal calls for up to 1,000 units of income-limited and market-rate homes in low-rise buildings, multifamily homes in renovated towers, and new senior housing, according to a project spokesperson. About 70% of the homes would be reserved for households who meet income limits.
The developers’ plan also calls for reconnecting the campus to the surrounding community with new streets and sidewalks, improved public spaces, and possibly a bridge over SEPTA’s Market-Frankford Line. The campus is blocks from an El station."
The mention of towerS in particular intrigues me and makes me wonder if they will rehab all 3 towers when most of these redevelopments have led to implosions (or rehabbing one for senior housing)
There is also a mention of new commercial mixed use elements.
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Sounds like a great plan. Love all the density and tons of affordable housing while also mixing in some market rate and retail.
One of the things that really excites me is the bridge over the El. Ideally it's more than just a narrow pedestrian bridge. Would love if it was a full street going over the El just as it emerges from the tunnel, should be enough room as far as I can tell. It would go a long way toward reconnecting this to the grid, which is essential.
Also, I would love if the part of this superblock that fronts market on the other side of the El got some love. It's a really long stretch with nothing going on and for much of it the El is not in the way of development. When the El first emerges is like 40 feet from market Street. Plenty of room for some market street facing retail.
And then long after the tracks are over market Street there is a long dismal wall until you get to the Aldi where this property is seemingly needlessly way above the grade of market Street. If you grade this area down to street level, there's tons of room for market Street facing retail. And where there is currently steps to get down to market street, that's the perfect place for another street.
The streets are really out of line here and you're constrained by the El, so you can't perfectly mesh this into the grid, but you can have 44th continue down from the top of this project, go over the still submerged El and hit market street west of the existing southern section of 44th. Then 45th can come down and go under the El, just to east of the southern portion of 46th. Then you can also have Mandela, and Nemaiah Way continue through this development all the way to newly created 44th.
Not holding my breath that all of this would happen, though any type of reconnection to the grid would be a big positive.
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