Provident Mutual Life Insurance Co. building at 46th and Market (archived photo).

The City’s revised plans for new Police Headquarters have been revealed and they no longer include the former Provident Mutual Life Insurance Co. building at 46th and Market.

The Kenney Administration announced on Wednesday that it wants to relocate the Philadelphia Police Department headquarters to 400 N. Broad St., the former Philadelphia Inquirer/Daily News building in Center City. The West Philadelphia site at 46th and Market had been selected by the Nutter Administration and has been undergoing renovations since 2014. The City has already spent about $50 million on purchasing and renovating the 90-year-old Provident building. 

The move-related expenses would be approximately the same for either location (about $290 million), but the Center City site is 100,000 square feet larger than 4601 Market St. and comes with about 600 parking spaces.

“After evaluating several different sites and weighing all the different considerations for over a year, we came to the conclusion that this space would provide the taxpayers more for their money,” Mayor Jim Kenney said at a press event on Wednesday.

Although the City has abandoned its plans to convert the 46th and Market site into a public services complex, there’s still hope for the old, long-vacant Provident building. It was revealed on Wednesday that the City will pursue development opportunities for the site, issuing a Request for Qualifications to develop 4601 Market St. early this summer. A developer for the site is expected to be selected by the end of the year.

“Multiple parties have contacted us to express interest in developing 4601 Market St.,” said Anne Fadullon, Director of Planning and Development for the City. “We are confident that the interest in the site will result in a new owner for the building and positive economic development in West Philadelphia.”