Schuylkill Yards, rendering image.

Drexel University and developer last year Brandywine Realty Trust unveiled their plans for “Schuylkill Yards,” a $3.5 billion development project, which includes development of 14 acres of parking lots and concrete space west of 30th Street into eight high rises, green public spaces and retail. On Wednesday, this ambitious project, which will take from 15 to 20 years to complete, broke ground.

The first phase of the master plan will include construction of Drexel Square, a 1.3 acre a public park on the corner of 30th and Market called Drexel Square, and mixed-use development along JFK Boulevard.  Continue Reading

Proposed apartment building renderings.

A proposal to build a 49-unit, 6-story apartment building on a parking lot at 4045 Baltimore Ave. was largely met with approval during a hearing before the Spruce Hill Community Association zoning committee last night.

Officials from New Horizons Housing, which owns several buildings in the area including one next door the proposed structure, told the zoning committee that their vision when they bought the property in 2001 was to eventually build more apartments on the parking lot. An apartment building occupied the space until a 1980s fire destroyed it, creating a vacant space that was transformed into the present-day parking lot.

Demand for parking lot spots among residents in the adjacent New Horizons building at 4045 Baltimore has dwindled in recent years. People in the community are renting fewer of the spots as well, according to New Horizons general manager Russell Galligher.  Continue Reading

Plan Philly yesterday got in touch with City Councilwoman Jannie Blackwell, who said she will not introduce an ordinance to “spot zone” the vacant parcel across from Clark Park at 43rd and Baltimore.

Blackwell told Plan Philly’s Jared Brey that she is reluctant to push for special zoning for this project out of fear that other developers, including those involved in the row over the property at 40th and Pine, will line up at her door asking for ordinances. Blackwell said she supported the project, but advised the developers to go through the zoning process, which will include a public hearing.

We reported last week that the property owner, Clarkmore LLC, was pressing Blackwell for a special ordinance that would allow them to forgo the zoning process. Clarkmore currently can build a “by right” 92-unit project that includes little parking and no retail. It wants the ordinance for a bigger 132-unit building that includes parking and ground-level retail and would require zoning variances.

For a recent history of the property and the process that led to the current proposal, see this collection of posts.

There’s a lot to this story. Go to Plan Philly for more details.

The University of Pennsylvania has expanded its home-buying program out to 56th Street, according to the university’s Department of Home Ownership Services. The program is designed to entice full-time staff and faculty to live in West Philly.

The new western boundary will extend from 52nd Street to the east side of 56th from Market Street south to Paschall Avenue (see map below). The eastern boundary is unchanged, running along the Schuylkill River. The northern boundary runs along Haverford Avenue to 44th Street where it switches to Market Street. These are the first changes to the program, which provides a $7,500 forgivable loan toward the purchase or improvement of a home, since 2004.

The loan benefit also applies to employees of the University of Pennsylvania Health System.

The area shown in purple reflects the new boundaries of Penn’s housing loan plan.

Architect Nancy Bastian from Cecil Baker and Partners shows preliminary drawings of a proposed affordable housing building at 46th and Spruce during a meeting of the Spruce Hill Community Association planning committee on Monday evening. (Photo by West Philly Local)

A non-profit told the Spruce Hill Community Association and a handful of nearby residents that it hopes to construct a four-story affordable housing building on the site of a burnt-out one-story structure at 46th and Spruce.

The Mission First Housing Group‘s building would include 24 one- and two-bedroom rental apartments aimed at people with a household income of $32,000 a year or less, according to Mark Deitcher, Mission First’s director of business development.

“Our plan is to replace affordable housing with affordable housing,” he said.

The burnt-out building at 46th and Spruce.

A fire gutted the building in February 2011, essentially putting out of business the non-profit that ran an assisted care living facility on the site. The insurance proceeds from the fire were not enough to cover rebuilding. Mission First is currently managing the property on the owner’s behalf and recently shored up the building’s roof and replaced windows by city order.

The project depends on a successful application for funding from the state. Mission First would own the property and fund the building’s construction through the Pennsylvania Housing Finance Agency’s low income housing tax credit program, which would provide funding for the project. Deitcher said he expects the project to cost about $7 million, or about $200 per square foot. Funding applications are due late this year or maybe early next year, so completion of the project, if approved, is still a couple of years away. Mission First would also manage the building once constructed.  Continue Reading

Here’s another chance to save some money on your property tax bill – if you have owed and lived in your home since July 2003.

Homeowners have until Jan. 15 to apply for the Longtime Owners Occupancy Program, which is in place to help offset tax increases brought on by neighborhood development (some are calling it “gentrification relief”). If approved, the tax relief is good for 10 years.

Taken from city brochure on the LOOP program.

This offer is different from the Homestead Exemption offered earlier this year and you should apply whether you received that or not.

• You must own and have lived in this property as your primary residence since at least July 1, 2003.
• Your home is either a single family or a multi-unit property with no more than three residential units and one commercial unit.

• Your property has not received a tax abatement.

• The real estate Taxes on your property must be paid in full or you must be up-to-date on a payment plan (or have an application for a payment agreement pending).

• There is an income limit based on household size (see graphic).

Here is a brochure with more details about the LOOP program. The application is available here. The city says that applicants will be notified in March. Call 215-686-9200 with questions.