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Old Posted Feb 7, 2019, 6:18 PM
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Urbanthusiat Urbanthusiat is online now
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Location: South Philly
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Nothing terribly new, but just further evidence that the Penn's Landing cap is closer to becoming a reality.

https://www.bizjournals.com/philadel..._news_headline

Some key bits:

Quote:
“Penn’s Landing has leapfrogged and is ahead of schedule,” said Joseph A. Forkin, president of the organization.

...

The price tag has been greatly reduced to an estimate that is more inline with DRWC had initially projected. The cap will cost $225 million and is in a design process led by PennDOT. Final design is expected be completed this year and that will detail the scope and engineering of the structure. Within that budget is funding for creating a park along Columbus Boulevard to the river that will include trails and a pedestrian bridge.

DRWC has issued a request for qualifications for a firm to oversee and coordinate community engagement. The goal is to find out what residents envision for the public space that will be created by the cap and how it might get used whether its a combination of ice rink, playground, dog park and other permanent and seasonal attractions. The organization wants to award the contract by the end of the month.

Also, DRWC will be exploring potential opportunities for the private development of 10 acres involving sites it owns, including a parking lot on Lombard Street, its operations building at 301 S. Columbus Blvd., and where its Market Street parking lot and Blue Cross RiverRink are located.

...

If all goes according to plan, the construction of the cap is expected to begin in 2021 and take three years to complete.
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