Maurice Jones, president of the Lea Home and School Association, passed along these notes from the meeting this morning:
"Information on the proposed plan is as follows: - Mixed Use Residential and Retail (Retail lower level) - 15,000 sq/ft Retail - 280 - 310 Apartments (no condos) - Avg of 700 sq/ft loft style (400 sq/ft - 1600 sq/ft spaces) - Estimated starting rents of $800 not including utilities - Each unit with have self contained systems for heat and air-conditioning - One of the theaters is planed to be retained for apt community and area community use - Gymnasium will be retained for resident and community use - Planned occupancy date of 2016 - Walnut Street pavement area to be developed into a green space including parking - Mr. Bank estimates 30% of residents will utilize parking based on his experience with Watermark Residential Apartment Tower in Cambridge, Mass (near MIT and one of their projects), but this may change based on survey results for this area - There is space for enough parking which will be a revenue source to him (this comment was in response to a question about expected parking issues in the area - No determination on what type of retail space yet. - Hudson City Capital is the funding company (minority owned) Projects he listed they have done include: 1. Watermark Residential Apartment Towers / Cambridge, Mass 2. Cooper Square Urban Renewal Area / New York, NY Manhattan 3. Davenport Landing / Stamford, CT" WPL also has a write up: http://www.westphillylocal.com/2012/11/10/old-west-philly-high-likely-to-become-high-end-lofts-aimed-at-students-faculty Amara On Fri, Nov 9, 2012 at 5:10 PM, Amara Rockar <[email protected]> wrote: > The School District of Philadelphia is holding a community meeting > Saturday November 10th at 10:00 a.m. to discuss the future sale of the Old > West Philadelphia High School Building. The meeting will take place at the > new West Philadelphia High School at 4901 Chestnut Street. It is expected > that the building will sale for near its asking price of $6.5 million and > will be mixed-use on the first floor with residential above. More > information here: > http://thenotebook.org/blog/125308/district-nearing-sale-west-philly-high > > Amara > West Philly Coalition for Neighborhood Schools<http://westphillyschools.org/> > > -- > I foster with City Kitties: > Rocco<http://citykitties.org/adopt/adoption-listings/?page=pet&id=4152313&PHPSESSID=c74b70a505f65d618c559709dff12a21> > and Red<http://citykitties.org/adopt/adoption-listings/?page=pet&id=4811880> > -- I foster with City Kitties: Rocco<http://citykitties.org/adopt/adoption-listings/?page=pet&id=4152313&PHPSESSID=c74b70a505f65d618c559709dff12a21> and Red<http://citykitties.org/adopt/adoption-listings/?page=pet&id=4811880>
