Title: The Hamilton
Project: Apartments, ground floor retail
Architect: BLTa
Developer: Radnor Property Group and the Community College of Philadelphia
Location: 1500 Hamilton St., Philadelphia, PA
Neighborhood: Franklintown/Museum District
District: Center City
Floors: 16 (second building 11)
Height: 197 FT (second building 147 FT)
Quote:
Community College of Philadelphia plans a pair of new residential towers beside its Spring Garden Street campus to accommodate a hoped-for influx of high-achieving - and higher-paying - international students.
The two-year public college has selected Wayne-based Radnor Property Group to develop the roughly 500-unit, 12-story complex at 15th and Hamilton Streets, with plans for a mix of student- and non-student-housing.
CCP joins a small but growing list of community colleges nationwide that are looking abroad for an antidote to sinking enrollments. Key to their plans are on- and near-campus housing for the newcomers, a shift for what historically have been commuter schools.
"You can't realistically recruit international students without housing," college president Donald Generals said. "I think we are grossly underserving that market, and I think that is a growing market."
School trustees voted Thursday to enter exclusive negotiations with Radnor after vetting multiple proposals for the 1.7-acre school-owned site that's now an industrial building and garage. The deal would have Radnor enter a long-term ground lease for the land and agree to rent a portion of the complex's units to CCP students.
Work on the $130 million project, which will include ground-floor retail and some underground parking, could begin in spring of 2017, with the first tower complete for the 2018 school year, Radnor president David Yaeger said.
It will be the first major construction project project at CCP's main campus since a $56 million expansion of the school's academic and administrative buildings that began in 2008.
|
Read more at
http://www.philly.com/philly/busines...amZFWxrCVyk.99
CDR PDF:
http://www.phila.gov/CityPlanning/pr...ATION%20sm.pdf