[CPEO-BIF] Absco steel site, South Kensington, Philadelphia, Pennsylvania

[Lenny Siegel <lsiegel@cpeo.org>]

Developer Plans Mixed-Use Complex on Vacant Brownfield in South Kensington

By Veronica Grecu
Commercial Property Executive
March 27, 2013 


A 2.5-acre vacant site in Philadelphia’s South Kensington that once housed the Absco Inc. steel plant could be redeveloped into an energy efficient mixed-use community. The development proposal comes from Canus Corporation, a local company that has already invested over $8 million in cleaning and decontaminating the  site located at 2nd and Thompson Streets.

According to PlanPhilly.com, the developer started working on a redevelopment plan for this site in 2007 but the project had to be put on hold because of the recession. Reportedly, the original plan called Viridian included 160 condos and 16 artist studios. Now Canus is proposing a revised plan with a denser complex designed by BartonPartners that would also feature retail spaces, ground level parking and green areas and plazas accessible to the public.

…

For the entire article, see
http://www.cpexecutive.com/cities/philadelphia/developer-plans-mixed-use-complex-on-vacant-brownfield-in-south-kensington/

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope Street
Mountain View, CA 94041
Voice: 650-961-8918 or 650-969-1545
Fax: 650-961-8918
LSiegel@cpeo.org
http://www.cpeo.org




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