Ever since a July 2006 fire caused it to partially collapse, the Lincoln, an apartment building in the 1200 block of Locust Street in Washington Square West that was in the process of being converted to condos when the fire struck, has sat as a boarded-up hulk and occasional vagrant magnet while feuding owners debated the building’s fate — and ultimately lost it at a Federal marshal’s sale.
A recent note in the minutes of a Washington Square West Civic Association (WSWCA) board meeting raises the prospect that the rest of the building may disappear soon as well.
At the WSWCA’s Feb. 21 board meeting, the Intergovernmental Affairs committee reported that “the Lincoln’s new owners are interviewing demolition companies and are expected to
close on financing and commencing work in the next 30 days.”
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Rendering of Market8.
One of the remaining bidders for Philadelphia’s casino license just got some local support in addition to its last endorsements: a blessing from the Washington Square West Civic Association. A recent tally among the organization’s board of directors resulted in a unanimous vote in favor of the project.
The association’s zoning chair Jonathan Broh cited the project’s goals as encouraging growth and revitalization on the East Market Street and Chesnut Street:
“MARKET8’s numerous restaurants, concert venue, and casino will bring much-needed activity to Market Street,” Broh said. “This project, along with plans to extend the casino’s Rewards Program into the business community, will complement other planned developments in the area and catalyze positive growth.”
Part of what swayed the civic association to Market8′s side is the project’s promise of a yearly $1 million investment into the community. According to the press release, these funds would go to general neighborhood upkeep and enrichment:
maintain and upgrade services, make physical enhancements and promote the economic vitality of small businesses on and around East Market Street.