The construction site at One Riverside | Photo: James Jennings
Here’s a brief update on the One Riverside project. Hot off the heels of the kid-oriented (and immensely successful) construction site festival, Dranoff Properties has told us that the large concrete pour will take place in the wee hours, starting at midnight on October 9th and stretching into the day of October 10th.
It’s probably better described as an event, as the pour will mark the beginnings of the new foundation for the luxury condo building. That means it can’t be interrupted in the least.
“It will involve approximately 300 concrete trucks as the tower mat foundation is 4’-6” thick and the building core is 10’-6” thick,” said Marianne Harris of Dranoff Properties, in an email. “It should be completed by mid-day on Saturday.”
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The Carpenter Square condo building. | Photos: Sandy Smith
Between the new Carpenter Green park and the building diagonally opposite from it, a new “town square” is taking shape at the intersection of 17th and Carpenter Streets on the southern edge of Graduate Hospital.
Carpenter Green is a new community meeting place to be maintained by the South of South Neighborhood Association at the northwest corner of 17th and Carpenter. Ground was broken for the park a few weeks ago, and grading of the park site is well along (see gallery).
Meanwhile, on the southeast corner, work is all but complete on the corner condominium building at Carpenter Square. Like the park, the housing development is also green, incorporating such features as green roofs and permeable pavers in the rear driveway; the project is LEED-registered.
The condo features a retail space on its first floor that the developers intend as a complement to the park. “We’re looking to have something that engages with the community and invites the community in” occupy the space, said Jackie Balin, the CBRE/Fameco Real Estate broker handling the sale of the retail condo. (Noah Ostroff, whose real estate blog I write, is marketing the residential condos, but is not involved in the marketing of the commercial space.)
That community-anchor component is important enough that the space remains unfilled despite several potential occupants expressing interest in it.
“There have been people who have expressed interest in the space, but the developers didn’t feel they would be right for the community,” Balin said.
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Photo courtesy of Katalinas Communications
We’re guessing that, like us, you’re pumped about the new Pier 68 park in South Philadelphia having its ribbon-cutting October 1st. Well, the week just got better for the Delaware River waterfront as another proposed riverfront project – which is, granted, still in its early stages and upstream from our neck of the woods – is set to have its vision revealed the next day: River Renaissance in New Bensalem.
In the works for nearly two decades, the River Renaissance redevelopment is envisioned as a “walkable and and bike-friendly economic development region” with improved transportation, a variety of residences, and new commercial sources of revenue, according to a press release. At the moment, the 675-acre site is predominantly industrial land.
Here’s more from the press release:
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Renderings via Southern Land Company
It seems like not a week goes by that we’re not talking about another major development happening on Market Street at the University City Science Center.
3601 Market, a 363-unit apartment building developed by Southern Land Company, will officially open its doors to residents on September 30.
We got a closer look at the the 28-story building during the announcement for uCity Square, a new tech-centric neighborhood adjacent to 3601 Market, and it looked like some early residents had already gotten comfortable inside the high-end high-rise. The developer broke ground on the project in February 2014, and Southern’s CEO Tim Downey said at the time, “the building will be a modern jewel for West Philadelphia.”
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Waterfront View of the Camden Waterfront – copyright Volley for Robert A.M. Stern Architects
You know what’s cool? A billion dollars.
The famous line from The Social Network seems apropos today, as the City of Camden has officially announced an ambitious plan to completely transform 16-acres of prime waterfront land between the Ben Franklin Bridge and the Adventure Aquarium.
Liberty Property Trust, the mega-developers behind the Navy Yard and Center City’s Comcast towers, will spearhead the $1 billion proposed development, the largest ever private sector investment in the city’s history.
If realized, the project will (largely) swap what seems like miles of surface parking lots for a live/work/play mix of glitzy office towers and low-rises, a residential component, lively restaurants and retail and even a hotel.
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The view from Le Bok Fin. | Photo by Michelle Gustafson
For the first time in recent years, the former Edward W. Bok Technical School in South Philadelphia has been ringing with the sound of excited voices. We’re talking of course about the temporary (and partially controversial) Le Bok Fin summer beer garden on Bok’s roof, a pop-up that served, in our eyes, as a taste of what’s to become of the property.
Here’s a refresher: Scout Ltd., the company headed by developer Lindsey Scannapieco, purchased the 340,000-square-foot Art Deco building more than a month ago and opened Le Bok Fin shortly thereafter. If you’ll recall, this past March saw Scout endowed with a portion ($146,960) of the $11 million Knight Cities Challenge award by the John S. and James L. Knight Foundation. The purposes of the grant? To help push along Scout’s South Philly’s Stoop project, a plan to transform the vacant space surrounding Bok into a new “community living room” that brings neighbors together, inspires connection, and “engages people with neighborhood history.” (Of course, the Bok redevelopment is even bigger than that.)
Now, the first piece of the South Philly’s Stoop plan is unfolding.
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You could probably get used to this penthouse view atop Two Liberty Place | Photos: James Jennings
You know, it’s interesting. With all of the attention being paid to the new condo towers going up around the city, specifically 500 Walnut and One Riverside, it’s kind of incredible that more attention hasn’t been paid to the one that’s right in front of us. As in, the one taking place in the existing gem that is Two Liberty Place, one of Philadelphia’s skyline defining buildings.
In fact, more attention has been paid to the upcoming observation deck at its sister tower, the spire-topped One Liberty place, than this impressive project that will transform a former office space into luxury condos with observation deck-like views from floors 48 through 57.
But the project is more than just about the breathtaking views of the city. “We’ve always been known for great views here,” said Cynthia Tucker, senior vice president with iStar Residential, the development arm of iStar Financial, the project’s owner. “That’s a story everyone knows – the view – but we wanted to redevelop the property to where it wasn’t just about the views. The layout and the finishes are really high end … we wanted to make sure the living spaces were comfortable, peaceful and sort of zen-like.”
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Rendering courtesy of Studio Bryan Hanes
DesignPhiladelphia, the city’s best known architecture and design festival extending for up to nine days, kicks off in about two weeks, but we’ll get to that in a minute. Instead, let’s bring your attention to one of the events included in the DesignPhilly itinerary: the Rail Park Tour.
According to DesignPhilly, these walking tours – scheduled for October 10, 11 and 14 – will be held at street level by Rail Park board members and will be designed to “deliver an understanding of possibilities of the entire proposed 3-mile linear park and recreation path.” What’s more, a Rail Park spokesperson tells us the tour will include access to the entrance of Phase One at 13th an Noble Streets. Ticketing and event info here.
Relatedly, the spokesperson said construction of Phase One, anticipated to take 12-18 months, is expected to begin in 2016. The Center City District will manage the Phase One project.
Construction has been humming along at Pier 68 to transform an all-but-abandoned pier that sits deep inside the parking lot at a bustling shopping center in Pennsport into a public park used for fishing, relaxing and enjoying the scenes around the mighty Delaware River.
The new Pier 68 will open to the public on October 1 at 2 p.m., when the Delaware River Waterfront Corporation (DRWC), along with Mayor Michael Nutter, will officially cut the ribbon on the long-planned park. It will be the southern trailhead of the Central Delaware trail, which spans from South Philly at Pier 70 (map) to Penn Treaty Park in Fishtown.
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The Pep Boys Site at 41st and Market, 2.0 University Place in background | Google Street View
Philadelphia’s new boom – in population, jobs, housing, restaurants, retailers, and office space – is well documented. But if you thought Center City was the only one of Philly’s hot areas leading the way, here’s a reminder: University City is putting in its fair share of work too.
It’s next development gearing up for a launch? 3.0 University Place, a proposed LEED Platinum-certified office complex planned for the corner of 41st and Market, formerly the site of a Pep Boys. According to PlanPhilly, a bill proposing to rezone the property for high-density commercial mixed-use designation was introduced to City Council last week. It’d also touch on surrounding sites:
The bill also rezones a number of blocks surrounding the 3.0 University Place site, affecting the area bounded by 40th, 44th, Ludlow, and Powelton Ave.
In fact, 3.0 University Place is part of a larger plan by University Place Associates (UPA) to build a “Platinum Corridor” in West Philadelphia. Read more »