- Neighborhood: Avenue of the Arts, Center City East
- Broad and Spruce Streets, Philadelphia, PA
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Here on Property we’ve been covering an assorted number of new projects poised to transform Philadelphia’s cityscape. As the new year approaches, that number will only continue to grow, and you can be sure we’ll be following all of them.
However, of those that have been announced for 2015, there have been some which have struck us as being potential game-changers. Below you will find five areas in Philadelphia development that we will keep a special eye on in the coming year.
A zoning bill that would make things easier for Carl Dranoff to build his proposed SLS International Hotel was approved by City Council’s Committee on Rules yesterday. These revisions permit Dranoff to build on more land without having to seek additional zoning approvals.
Sponsored by Councilman Mark Squilla, the bill amends certain chapters in codes “Overlaying Zone, “Development Standards,” and “Parking and Loading.” In response to the suggested revisions, the Washington Square West Civic Association sent Squilla a letter. According to PlanPhilly’s Jared Brey, the group’s board agreed to not fight the bill, “provided certain agreements are made with respect to noise and activity at the hotel and other matters of operation.”
Today’s splashy news is the announcement that Carl Dranoff is adding SLS International to South Broad Street and Philadelphia’s skyline. The 47-story tall hotel and condo tower will include a ground floor corner restaurant and bar space. So let the speculation begin, who will take this prime corner opposite the Kimmel Center?