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November 4, 2019 Comments Off on RFP Calls for Philly Riverfront Development Views: 822 National News, Northeast, Pennsylvania

RFP Calls for Philly Riverfront Development

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The Delaware River Waterfront Corporation (DRWC) issued an RFP seeking teams to develop 11 acres of central Delaware River waterfront space in Philadelphia. JLL is marketing this opportunity.

The development opportunity features two parcels currently used as parking lots: the nearly eight-acre Market Street Site, and the nearly four-acre Marina Basin Site. Both are zoned for high-density, mixed-use development, with views of the river and Philadelphia skyline.

The chosen developer will design, build, and maintain a sustainable, mixed-use development. Teams are invited to respond to the RFP to develop one or both sites by Feb. 7, 2020.

“The waterfront has become a top destination for residents and visitors of all backgrounds, and an increasingly attractive site for private development,” said DRWC president Jo Forkin. “Now with the new Park at Penn’s Landing moving into final design, the time is right to focus on redevelopment opportunities around it.”

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