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West Philadelphia
This area of West Philadelphia greatly benefits from its location, accessibility, regional attractions and proximity to major institutions. It is experiencing strong development trends, including the West Philadelphia Industrial Park, a Keystone Opportunity Zone and the sparkling new Cira Centre adjacent to the 30th Street Station. This portion of Fairmount Park is part of the Renewal Community. The planned relocation of the Please Touch Museum to Memorial Hall, the proposed MicroSoft High School, the proposed Lowe’s shopping center and the development of the Homes at Blackwell Park, part of the Mill Creek revitalization, all illustrate the range of public and private investments here.
Major Projects:
Mantua Reclamation
Mantua is an NTI Acquisition Zone with
almost $9 million slated to acquire vacant properties and parcels for
future redevelopment. Click here for more details.
Mill Creek Redevelopment
This is an extensive on-site (Lucien Blackwell
Homes) and off-site revitalization effort. Planned are 247 homes for
sale, 200 rental units, 180 assisted-living units and 161 renovated
apartments known as Mt. Olivet Village. Click here for more details.
Cloisters III
In 2005 this project successfully competed for PHFA Low-Income Housing Tax Credits. The People’s Emergency Center will build 50 new-construction rental units and a mixed-use residential/ community building with a computer learning center at 39th Street and Haverford Avenue.
Union Hill Homes
In fiscal year 2005, the City will support
the application for Homeownership Choice funding from the Pennsylvania
Housing Finance Agency (PHFA) for Union Hill Homes, 52 new construction for-sale
units located in Mantua in the vicinity of Union and Aspen Streets.
University of Pennsylvania Mortgage Guarantee
Program
By encouraging homebuying in West Philadelphia
for university employees, this program strengthens the neighborhood
real-estate market.
Click here for full details
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