Title: 1900 Callowhill Street
Project: Residential, retail, African American Museum relocation, and Free Library of Philadelphia expansion
Architect: Handel Architects
Developer: National Real Estate Development and Frontier Development & Hospitality Group
Location: 1901 Wood Street (1900 Callowhill Street), Philadelphia, PA
Neighborhood: Logan Square
District: Center City
Floors: 30 floors
Height: 370 feet
Quote:
National Real Estate Development and Frontier Development & Hospitality Group have been selected to transform the former Family Court building into a boutique hotel and build a new location for the African American Museum in Philadelphia on a neighboring surface parking lot along the Benjamin Franklin Parkway.
After a request for proposals process that started in July 2021, the city and Philadelphia Industrial Development Corp. announced the selection of Philadelphia-based National Real Estate and Washington, D.C.-based Frontier Development on Tuesday afternoon. Method Co., Smith & Roller and BKP Development Group are also collaborating on the project.
The long-vacant 247,196-square-foot former Family Court building at 1801 Vine St. is planned to include a restaurant, bar and event space in addition to the 250-room hotel. The new African American Museum in Philadelphia would be built on the 88,000-square-foot parking lot at 1901 Wood St., which is managed by the Philadelphia Parking Authority.
In total, it’s planned to be an 850,000-square-foot project and cost estimates on the development have not been disclosed.
The development is estimated to be completed in 2028 at the earliest, but the complexity of the project, which includes historic rehabilitation, could force it to take longer. The city owns both properties, 1801 Vine St. and 1901 Wood St., and the transaction structure is part of ongoing discussions to finalize the terms of the deal.
The team of developers are also drawing up plans — as seen in renderings for the project — for a 30-story apartment tower with 500 to 600 units on the 1901 Wood St. lot. The apartment tower would be built at the same time as the rest of the project. More specific details are still being decided.
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Per:
https://www.bizjournals.com/philadel...velopment.html