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Old City Philadelphia Objects to 205 Race St. Project

If you are a real estate developer and you want to build a 16 story, 128 dwelling mixed used project (bigger than the zoning allows) how do build the property?

1) Apply for variances, meet with the local community groups, and present your case to the Zoning Board of Adjustment

2) Or you can just avoid all that and just ask your Councilperson to change the zoning.

The actual real estate developers of this proposed development in Old City Philadelphia chose #2.  Councilman Mark Squilla introduced a bill that would add a “Bridge Approach Area” to the Old City zoning overlay, providing size and density bonuses to buildings on parcels between I-95, 4th Street, Race Street, and New Street. The 205 Race parcel is the one of the biggest lots in that area.  To read more of this  story…

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April 11, 2013 - Posted by | Uncategorized | , ,

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