Quote:
Originally Posted by Skang
oh ok , so the other proposal is it a tower or a low rise building ?
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Towers in previous proposals from Blatstein and from a previous would-be developer c. 2007, Rimas Properties. But even before that there was a proposal c. 1999 from Will Smith and his brother to build a studio and entertainment complex on the 1001 S. Broad site. In support of that proposal, the City through PAID (Philadelphia Authority for Industrial Development) was going to pay $4.5M to a Holt-related entity for the property. See these Daily News clippings:
https://www.newspapers.com/clip/8491...uild-at-broad/
https://www.newspapers.com/clip/8491...uild-at-broad/
Apparently that sale didn’t go through, as I find in zoning docs in 2003 that Broad & Washington Corp., headed by Leo A. Holt, still owned the property at that time.
A little about the Rimas Properties proposal here:
https://www.newspapers.com/clip/8491...uild-at-broad/
https://www.newspapers.com/clip/8491...uild-at-broad/
Excerpts:
The project would include 860 apartments and condominiums, 30 to 50 retail stores, and 1,500 parking spaces on about 5.5 acres. Plans include an open green space that sits six stories high atop the mall.
…
Ronald Patterson, the attorney representing developer Samir Benakmoume and his company, Rimas Properties, said the [2] towers were originally planned for 59 stories but were reduced to 31 in negotiations with the community.
Other than this project, which came to naught, Rimas Properties is best known for a condo project at 1352 South St, where they built a wider than allowed ramp along the length of the building, leaving a very narrow sidewalk. Through legal action by the City, they were eventually required to cut about a foot off the width. See here:
http://changingskyline.blogspot.com/...destrians.html