Headlines: “Momentous” Day As Committee Edges The Gallery Closer
Rendering via PREIT
Go ahead and double- or triple-circle June 18 on your calendar, especially if you have any interest in the major renovations planned by PREIT and Macerich at The Gallery (Fashion Outlets of Philadelphia). Why? The Daily News reports that the package of legislation was passed by a City Council committee yesterday and full City Council vote is expected in two weeks. Here is what the committee approved:
- $55 million tax break (TIF) for the developers
- At least a $12/hr minimum wage for employees of the developers and their subcontractors (Ex. security, janitorial and maintenance workers)
- Note: This is not a requirement for retail workers
- City residents would get the first opportunities for employment at the mall
- The right for kiosk vendors displaced by construction to relocate within the completed mall
Though he wouldn’t go as far as to say they’ve crossed the finish line, Deputy Mayor for Economic Development Alan Greenberger didn’t pull any punches when talking about the approval by the committee: “This is one of the quietest, most momentous days in Philadelphia real estate history.”
- Gallery mall makeover plan almost a done deal [Daily News]
Hey, Philly! Let’s Steal This Idea:
Potholes in Panama City are literally tweeting their existence to the Ministry of Public Works. CityLab has more:
That’s why the TV show Telemetro Reporta has launched the project The Tweeting Pothole (El Hueco Twittero), installing motion-sensitive devices (link in Spanish) in the craters that mar Panama City’s streets. When a car runs over one of them, a tweet is sent automatically to the account of the Ministry of Public Works, according to the site.
More Headlines:
- Boathouse Row gets Wi-Fi for first time with help of Comcast [Philadelphia Business Journal]
- Blast from the Past: 7 Contemporary Huts Inspired by Ancient Architecture [Architizer]
- Cricket Avenue Development: Lower Merion planners recommend denial of controversial townhouse project [Main Line Times]
- Valley Forge Casino opens its new, $600K poolside ‘beach’ [Philadelphia Business Journal]
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