Morning Headlines: The Gallery Could Get City Funding

Nutter spokesperson: "The mayor is strongly supportive of the efforts to transform Market Street, and clearly the renewal of the Gallery is a key part of that effort."

Century-21

During a conference call this past Wednesday, PREIT president Joseph F. Coradino alluded to a possible contribution from City Council that would go into renovating parts of the Gallery. The Inquirer’s David Sell has the statement:

“We’re poised to deliver a world-class project. Our discussion with the public sector continues to progress with the expectation that City Council will consider a public financing package in December and ratify it in early 2015. As this process unfolds, we intend to update you on our vision, scope, schedule, and returns.”

Sell reports that a Thursday call to Council President Darrell Clarke’s spokeswoman about the news hit a dead end as she was “unaware of such plans for Council consideration.”

Meanwhile, Mark McDonald–Mayor Nutter’s spokesman–did confirm PREIT’s petition and added, “the mayor is strongly supportive of the efforts to transform Market Street, and clearly the renewal of the Gallery is a key part of that effort.” 

PREIT is seeking public financing for the Gallery makeover [Inquirer]

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