4601 Market Street Development Update:
Thank you to our neighbors for attending our community meeting regarding the development on Thursday night (Jan. 17th, 2019).
OUR NEXT STEPS:
- revise and add items discussed at last nights community meeting to the DRAFT Community Benefits Agreement shown below.
- continue to receive feedback from Walnut Hill Community members
OUR NEXT STEPS:
- revise and add items discussed at last nights community meeting to the DRAFT Community Benefits Agreement shown below.
- continue to receive feedback from Walnut Hill Community members
BACKGROUND:
The City of Philadelphia purchased 4601 Market Street in 2014 and has invested over $50 million on this project to transform the property into use for the Philadelphia Police Department, the Medical Examiner’s Office, and the Department of Health. In 2017, the city announced that they would no longer proceed with the plan to relocate these offices and will instead relocate to 400 North Broad Street. The city issued a Request for Quotation (RFQ) to the public and a few developers submitted proposals for the site. The city selected Iron Stone Real Estate Partners as the finalist. The City Council will need to approve the Vote.
Councilwoman Blackwell is seeking feedback from the Walnut Hill Community Association before proceeding with a vote on the bill to approve the sale of this property.
Please see below for the plans that Iron Stone Real Estate Partners have provided
Documentation Provided by Iron Stone Real Estate Partners (plans for 4601 Market St)
| iron-stone_proposal_for_4601_market_street.pdf |
| iron-stone_proposal_for_4601_market_street_-_econ_opportunities.pdf |