People are continuing to migrate to greater Center City. [], Tour the riverfront with Fin Outdoor! April 09, 2021 Waterfront residential tower, public park proposed along Delaware River The Durst Organization's plan also includes retail and preservation of Philadelphia's historic West Shipyard The latest news on the space came last summer, when Volpe asked the Fishtown Neighborhood Association for support in a bill rezoning the lot to allow alcohol and food sales, Inga Saffron wrote. In September, the Board voted unanimously to select The Durst Organization as the developer for Penn . In its proposal, the Durst Organization committed to contributing payments to the city's Housing Trust Fund, which enables rehabilitation of existing affordable housing and the construction of homes for lower-income residents in Philadelphia. According to Tucker, not many people from the surrounding areas have reached out with concerns about the project, due to what he perceived as a lack of interest. Amenities include an elevated swimming pool overlooking the river, two unique rooftop speakeasy lounges with outdoor terraces, courtyard with fire pit and grilling stations, two fitness centers with an interactive studio, clubroom lounge with fireplace, game room with vintage arcade games, micro-offices, conference room, podcast studio, a pet spa and bike room. The South Street pedestrian bridge currently crosses over I-95. Big changes are coming to the Delaware River Waterfront. I cant say enough good things about the board and staff at DRWC. The redevelopment of Penns Landing is a long-term project that will involve significant community engagement over many years. 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Media Contact Rendering by Coscia Moos. The partnership is leasing it from the Delaware River Waterfront Corp. Bernardon is the architect. In-depth, original reporting on housing, transportation, and development. Its a personal choice where you want to live, Tucker said. But the project faces several hurdles, including rezoning and overcoming potential flood risks and health concerns. That means, for example, that a visit to Penn Treaty Park is just one stop on a packed Fishtown itinerary, or that Spruce Street Harbor Park makes for a fun stop after strolling the charming colonial alleys in Society Hill. K4s promise to connect the rest of the city to the river has dominated conversation about the project. New Years Eve Fireworks Return to Riverfront Wilmington!-RESCHEDULED FOR JANUARY 1st! The Master Plan identifies policy changes and investment strategies for economic development, community development, and open space along the waterfront and provides DRWC and the City with the tools necessary to once again make Philadelphias original waterfront a treasured public amenity. Durst bought the 1.6-acre, formerly city-owned lot between Vine and Callowhill Streets on North Christopher Columbus Boulevard, for $10 million in January 2020 in a deal with the Delaware River Waterfront Corp., or DRWC. On Monday, March 6, 2023, Winterfest will be open from 7 pm to 10 pm for those 21+ to enjoy music, ice skating, open cabins and fire pits, and more. From the meeting of its branches in Hancock, New York, the river flows for 282 miles (454 km) along the borders of New York, Pennsylvania, New Jersey, and Delaware, before emptying into Delaware Bay.It is the longest free-flowing river in the Eastern United States.. Like with Pier 35 1/2, this project came with permits and plans for 19 four-story townhouses with two-car garages, elevators, and roof decks. Located just off the Delaware River in Fishtown, Philadelphia's first casino houses an exciting array of tables and slot machines. Five more buildings are proposed, including two on piers that jut into the Delaware River, with seven more towers between them. At 1143-51 Delaware Ave., Gotham Bedrock planned for the development of 19 townhouses in a project called Views at Penn Treaty. Daily programming throughout the entire year is changing the way Philadelphians see and converse about the waterfront, and is helping to create spaces and communities that connect residents and visitors to the waterfront. Shawn Tucker of Barnes & Thornburg is the legal counsel for the project. Use the menu above to explore Philadelphia Neighborhoods, Penn's Landing and Delaware River Waterfront, I consent to receive email communications from visitphilly.com and agree to Visit Philadelphias, Photo by M. Stanley for the Delaware River Waterfront Corporation. Please try again later. In August 1980, the Department submitted the "New Jersey Coastal Management Program and Final . The construction project could begin next year between Vine and . The development, which will be constructed on a 1.6-acre parcel that Durst purchased from the Delaware River Waterfront Corporation in 2019, is a critical component of the DRWC's master plan to . PHILADELPHIA (KYW Newsradio) A new Delaware River waterfront development project has been announced, and part of the plan includes an archaeological dig aimed at preserving centuries-old artifacts that give insight to Philadelphia's port industry days. This will build on the robust engagement that DRWC has already undertaken for this site. The company paid $7 million for the 1.5-acre site in 2017. About DRWC. The transformation is particularly remarkable because it will create a gateway straight from the Spring Garden SEPTA station through the welcoming street-level retail on both sides of the project to the stunning riverfront. Neighbors are worried. But we do still have concerns about the overall absorption rate of units on the waterfront.. Enjoy music, ice skating, open cabins and fire pits, and more. Everything from an 11-acre park at Penns Landing to six-building mixed-use complex have been proposed up and down the river in recent years. Facebook groupWhat's Going There in Delaware, What's Going There in Delaware newsletter, Your California Privacy Rights/Privacy Policy, Land use review, where various state agencies make recommendations about the proposal, Review of the planning board, which makes recommendations to the City Council, Final review by the New Castle City Council. Wilmington's Riverfront to expand east with new $100 million, 86-acre mixed-use project. The timeline for the project is still largely up in the air, as it needs to jump through various bureaucratic hoops just to rezone the area. Notable projects by the Durst Organization include New York City's One World Trade Center, 151 West 42nd Street and One Bryant Park. Learn more about Social Responsibility at WHYY. We are confident this new mixed-use neighborhood development will offer the people of Philadelphia an exciting waterfront lifestyle in a setting and a location that is unique. The redevelopment of this site, formerly known as Festival Pier, will offer 45,000 square feet of retail space including shops and restaurants, which will be anchored by a Sprouts Farmers Market grocery store. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. 30+ Things to Do Along Greater Philadelphia's Delaware River 30+ Things to Do Along Greater Philadelphia's Delaware River Waterfront, Where to Eat Along the Delaware River Waterfront in Philadelphia, Photo by A. Ricketts for Visit Philadelphia, Photo courtesy Blue Cross RiverRink Winterfest, A Wintertime Riverside Oasis: What to Expect at Blue Cross RiverRink Winterfest, Where to Find The Best Roast Pork Sandwiches in Philadelphia, New Years Eve Fireworks in Philadelphia in 2022, Where to Watch the New Years Eve Fireworks in Philadelphia for 2022/2023, 13 Things to Do at Spruce Street Harbor Park and RiverRink Summerfest in Summer 2019, Where to Watch Fireworks on the Delaware River Waterfront, What to Expect at the 2022 XPoNential Music Festival, Screenings Under The Stars - Summer Movie Series at Penns Landing, 15+ Great Restaurants in Old City and Philadelphias Historic District, The Most Instagrammable Places in Philadelphia. They have been incredible partners, and it is gratifying to be a part of fulfilling their vision for the Delaware River Waterfront, said Charles Houder, President and Founder of Haverford Properties Inc. This community will undoubtedly be one of the most desirable places to live in Philadelphia, stated Drew Chapman, Senior Vice President and Development Partner, JAG. Residents in the Route 9 corridor did not hear about the leak for hours, and most heard about it through social media and local news reports. A mega-development coming to the Delaware River waterfront will include a swath ofa long-planned river trailin exchange for permission to build taller towers than local regulations permit. Safely enjoy our latest exhibition After the Fall by John Schlesinger at CherryStreetPier. Encompassing parts of Fishtown, Northern Liberties, Old City, Society Hill, Queen Village and Pennsport, the waterfront . A scenic Delaware River view could also mean increased flood risks. Offer is valid for rentals Mondays through Wednesdays through the end of January. Construction debt financing is being provided by Citizens Bank and Santander Bank. Theres also a fresh supply of multi-family units, stable rents, and a healthy pipeline of new housing projects. That study, known as the Penns Landing Feasibility Study, recommended the design and engineering of a new park over Interstate 95 and Columbus Boulevard and confirmed that it could be built to provide a more seamless physical and visual connection between the Old City neighborhood and the Delaware River. PhillyVoice Staff. It will include 10 towers comprising nearly 2,000 residential units and a hotel. The Durst Organization proposal for the site includes high-quality design, the integration of parks and other public spaces, high standards of sustainability, mixed-income housing, community engagement, and leveraging the project itself in a major way to expand economic opportunity for traditionally disadvantaged communities. The fundamental purpose of DRWC is to design, develop, program and maintain public amenities such as permanent and seasonal parks, trails, and streetscape improvements to transform the waterfront into a vibrant destination for recreational, cultural, and commercial activities for the residents and visitors of Philadelphia as is consistent with the goals of the Master Plan for the Central Delaware. Some of the major changes include deepening the Delaware Rivers main navigation channel to allow more ships to pass through and creating another 155 acres of lots to store more auto imports. Since construction began in the early 1960s, the vision for Penn's Landing has evolved from a public space devoted to historic and museum facilities, to a . Today, thanks to new development and renewed interest, the waterfront has become a go-to spot and a must-visit destination in the city for residents and visitors alike. "After considering four strong proposals, we came to the conclusion that The Durst Organization offered the best plan to meet the goals and criteria identified through the public engagement process for the Master Plan for the Central Delaware," DRWC board chairman Alan Hoffmann said. Across the Delaware River in New Jersey, Camden's waterfront is also undergoing a transformation thatup until recentlywas led by developer Liberty Property Trust. Tucker and Parkway Gravel said they have received some positive interest from younger residents looking forward to having access to new, affordable housing. The development also adheres to a master plan established to guide development along the . K4 is also getting height bonuses for including 20,000 square feet of retail in the complex as well as the 2.2 acres of public space. DelDOT Announces Weekend Closure of I-95 Southbound and Exit 7A/Delaware Ave This Weekend! Haverford Properties Inc. is a diversified real estate investment and development firm based outside of Philadelphia, Pennsylvania. See the article and full list HERE! This project is the culmination of years of collaborative effort between Haverford Properties, JAG, DRWC, the local civic associations, state and local officials and many other stakeholders on Philadelphias Delaware River Waterfront. Who We Are; Contact; Employment Opportunities Please give today. The next step in the Penn's Landing development will involve negotiations with DRWC to enter a lease agreement and continue public engagement for both sites, whose plans will be submitted through the Philadelphia Civic Design Review process. Then it was sold to Shovels Ready Projects, who worked with architecture firm Cecil Baker + Partners on the townhouse development plan. 918-980 Delaware Ave is among the largest of the many projects planned or under construction along the Delaware River waterfront. Developers Joe Volpe and Bart Blatsteinhave long had plans to redevelopthe massive 223,000-square-foot concrete behemoth into an events space with a banquet hall, restaurants, guest rooms, and parking. This major multi-phase project has been in the works for some time by developer K4 LLC and architect Barton Partners. Riverfront Wilmington combines its rich history with a host of attractions that bring great food, entertainment, and shopping to our city. Heads Up! The land has changed hands a lot in the past few decades. With the support of the City, partners, and residents, DRWC created the Master Plan for the Central Delaware, a viable, flexible roadmap to guide all waterfront development between Port Richmond and Pennsport. This mixed-use development will accommodate 470 multifamily units comprising two mid-rise buildings, ranging from five to six stories, a mix of studio one-, two- and three-bedroom apartments, some will include desirable work-from-home den space. Together we can reach 100% of WHYYs fiscal year goal. DEMA does not encourage any development in areas within or directly adjacent to 100-year flood plains since water knows no bounds or flood lines, Cane wrote in a letter from state agencies about the project. DRWC is a nonprofit with a missionto design, develop, program and maintain public amenities along the central Delaware River Waterfront. The landward limit of the Waterfront Development area outside both the CAFRA area and the New Jersey Meadowlands District. DRWC is a nonprofit with a mission to design, develop, program and maintain public amenities along the central Delaware River Waterfront. The propertys Northern Liberties neighborhood offers a variety of restaurants, boutiques, and nightlife all within walking distance. They finally listed both the property and plansfor $12.3 million last year. In March 2017, the New York-based Durst Organization bought the Philadelphia Piers for $21.4 million from Brandywine Realty Trust. Penns Landing has been a major destination on the Waterfront since its creation in the 1970s, hosting large events, concerts, festivals, and fireworks. Kozero negotiated with the DRWC to get an additional 72 feet of tower in exchange for building out the river trail across the length of the site. Begun in 2009, the Master Plan was a direct result of the Civic Vision for the Central Delaware and the Action Plan for the Central Delaware, completed in 2006-2007 by Penn Praxis working with nearly 4000 Philadelphians. I think that piece of it could use more love.. There isnt a lot there yet, it doesnt seem like a place that people would want to go and hang out and be, even if they live in the towers. We are going to bring connectivity over a piece of ground that has been private and bring the public to the river.. More information is available at jeffersonapartmentgroup.com. "They need to be extra sensitive with how they deal with any development that comes into these communities. 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