Financing Secured for Rodin Square Apartments

A rendering of Rodin Square, courtesy of the project's developers

A rendering of Rodin Square, courtesy of the project’s developers

The Philadelphia Business Journal reports that the 293-unit apartment building to be part of the planned Rodin Square complex has received a $20 million loan to finance its groundbreaking. The complex, which was approved in the fall, will face the Benjamin Franklin Parkway and take up much of the block bounded by 21st, 22nd, Spring Garden, and Hamilton streets. In addition to the residences, it will include a 55,000-square-foot Whole Foods with underground parking, a “sky park” with an outdoor pool for residents, several commercial spaces, and a parking garage for residents.

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Everything You Wanted to Know About the New Whole Foods and Rodin Square

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The big news today is that Rodin Square, the $140 million project on the 3 acre plot between 21st and 22nd; Hamilton and Pennsylvania and Spring Garden, has been approved by the Zoning Board, and — to paraphrase a famous example of The Sound of Philadelphia — ain’t no stopping it now. Construction will begin early next year.

Here’s what we’ll see when it’s finished (probably in 2016):

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Coming Not-As-Soon: New Spring Garden Whole Foods

PlanPhilly reports that Neil Rodin, the developer of Rodin Square–best known as the Whole Foods that’ll eat the Best Western–is still working to come to terms with the Logan Square Civic Association on certain issues, including the impact on traffic. Rodin had commissioned a traffic study, but now the LSNA wants to do one of its own.

It doesn’t sound like Rodin is too happy about that:

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