In Philadelphia, the Liberty on the River development will transform the Delaware River waterfront.
"A mega development coming to the Delaware River waterfront will include a swath of a long-planned river trail in exchange for permission to build taller towers than local regulations permit," reports Jake Blumgart.
"Developer Jeff Kozero will build the trail on a section of publicly owned land as part of the first phase of a massive development that will eventually span 18 waterfront acres between Washington Avenue and Reed Street," adds Blumgart. "It will include 10 towers comprising nearly 2,000 residential units and a hotel. In addition to the public trail controlled by the Delaware River Waterfront Corporation, Kozero plans to create 2.2 acres of public space."
The project will be built in phases, and earned an extra "72 feet of tower in exchange for building out the river trail across the length of the site." The project earned additional height bonuses for "including 20,000 square feet of retail in the complex as well as the 2.2 acres of public space."
FULL STORY: Developer to extend Delaware River trail for OK on extra-tall towers
Revealed: $2.2 Billion Redevelopment Plan for Philadelphia's Waterfront
The city of Philadelphia has a new, highly anticipated plan for a valuable site on the Delaware River waterfront.
A Development Bonanza in Philadelphia
The Philadelphia 76ers are one of the real estate interests with designs on remaking the Penn's Landing site on the Delaware River in Philadelphia. But the team's vision for the waterfront reaches far beyond a single parcel.
Hudson Yards as a Cautionary Tale
As the city of Philadelphia considers the prospect of building a massive private development called Schuylkill Yards, lessons from New York City's Hudson Yards are considered.
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.
North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.
Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.
San Mateo Formally Opposes Freeway Project
The city council will send a letter to Caltrans urging the agency to reconsider a plan to expand the 101 through the city of San Mateo.
A Bronx Community Fights to Have its Voice Heard
After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped — and they want to continue to have a say in how it goes.
Houston Mayor Promises Dedicated Austin Street Bike Lane After Public Backlash
Although the one-way bike lane won’t be protected by physical barriers, the proposal is an improvement over the mayor’s initial plan to only include sharrows on the Austin Street project.
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