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Old Posted Jan 14, 2020, 6:12 PM
mcgrath618's Avatar
mcgrath618 mcgrath618 is offline
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Join Date: Jan 2017
Location: Clark Park, Philadelphia, PA
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PHILADELPHIA | 300 N. Columbus Boulevard | 316 FT | 26 FLOORS | ON HOLD

This project is ON HOLD as of 12/21/2022

I don't expect this thread to be very busy anytime soon, considering they don't plan on starting until 2021.

Title: 300 N. Columbus Boulevard
Project: Apartments, ground floor retail
Architect: Handel Architects
Developer: Durst
Location: 300 N Columbus Blvd, Philadelphia, PA
District: Center City
Neighborhood: Penn's Landing
Floors: 24
Height: 314 Ft




Durst closes on Delaware River waterfront development site in $10 million deal with Philadelphia

Quote:

The Durst Organization has paid $10 million for the city-owned lot on the Delaware River waterfront north of the Benjamin Franklin Bridge, where it plans an apartment tower.

Durst, based in New York, closed on the property last week, about a year after it was selected to purchase the 1.6-acre site by the Delaware River Waterfront Corp., the quasi-public agency that guides development along central Philadelphia’s eastern waterfront, company spokesperson Jordan Barowitz said Monday. The site, known as the Vine Street lot, will be Durst’s first Philadelphia project.

The time was needed to commit the developer to a plan that advances the DRWC’s goals for the area, which include drawing more foot traffic to the waterfront and building more public spaces, as well as protecting the site’s buried archaeological treasures.

“We’ve worked very closely with the Durst Organization on this project," DRWC president Joe Forkin said in the release. We “are confident that their plans will create a vibrant mixed-use development that will ensure public access to the waterfront, preserve important historic resources, and add value to residents, businesses and visitors.”

Durst aims to break ground on the 25-story tower with 10,000 square feet of retail space during the first three months of 2021, according to the statement. Barowitz said the retail and residential spaces will be built at an elevation designed to withstand once-in-a-century flooding, based on federal projections for the waterfront site.

The project is being designed by Handel Architects of New York, the firm behind the Residences at the Ritz-Carlton condominium building beside City Hall.
https://www.inquirer.com/real-estate...-20200114.html
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Last edited by summersm343; Jan 4, 2023 at 6:57 PM.
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