Rimas Properties Acquires Broad & Washington Development Site
RIMAS Properties
11 - 15 No. 2nd Street, Philadelphia, PA
Contact: Sammy Benakmoume (215)351-9366
sammy@rimasproperties.com or
http://www.rimasproperties.com/
Image courtesy of Rimas Properties.
Rimas Properties Granted C-5 Zoning For 5.5 Acre Broad & Washington Development Parcel Mixed Use Twin Tower Complex Envisioned by Rimas Properties
Hailed As The Gateway to the Avenue of the Arts!
PHILADELPHIA, PA -- The Philadelphia based development firm Rimas Properties has been granted C-5 Zoning for its 5.5 acre Broad Street and Washington Avenue development site in South Philadelphia. This is the next major step toward the development of an iconic large scale mixed use twin tower complex envisioned by Rimas Properties.
The project is being hailed by city officials as the city's most significant development parcel and the new gateway to the Avenue of the Arts and Center City.
According to the Sammy Benakmoume, President of Rimas Properties, the project will include office space, apartments, condominiums, an expansive up-scale retail center, and parking. Plans also call for an innovative open green space that sits six stories high atop the retail mall area.
Rimas Properties has released dramatic new renderings of the Broad & Washington project offering a sense of the dynamic overall design theme of the development. (SEE ATTACHED jpg)
With approvals from the city and financing in place, Rimas Properties is working with community groups address concerns about the scale of the project and its impact on the surrounding residential and commercial neighbors.
Rimas Properties projects that construction will begin on the 5.5 acre site roughly a year from now. The developer has also confirmed that Cirque du Soleil will have one more series of shows on the site, and that early discussions with lead tenants are underway.
http://www.rimasproperties.com/photo...rt_bwb_lrg.jpg