Drexel Acquires Firestone Parcel At 32nd & Market

 

A view of the Firestone site after development | Image: Drexel University

A view of the Firestone site after development | Image: Drexel University

Drexel University has acquired the long-sought Firestone tire service station at 32nd and Market, a 26,675 square foot triangular parcel that’s in the nexus of campus development. The parcel’s exact future use hasn’t been determined, but likely possible uses are for academic space, student residences, and retail. Drexel’s 2012 master plan emphasizes mixed use buildings that activate the street and sidewalk. View that plan HERE.

“Drexel has had this strategically located property in its sights for many years,” said Drexel’s senior vice president for student life and administrative services James Tucker. “The time was right to acquire the parcel now and begin to connect the east and west sides of our campus along Market Street.”

The parcel is a critical connector between the University’s campus and an “innovation neighborhood” envisioned by Drexel president John Fry adjacent to 30th Street Station.

Under the terms of the purchase agreement with Bridgestone Retail Operations, LLC, Firestone can operate in the location for up to three years.

About the author

Hidden City co-editor Nathaniel Popkin’s latest book is the novel Lion and Leopard (The Head and The Hand Press). He is also the author of Song of the City (Four Walls Eight Windows/Basic Books) and The Possible City (Camino Books). He is senior writer and script editor of the Emmy-winning documentary series “Philadelphia: The Great Experiment” and the fiction review editor of Cleaver Magazine. Popkin's literary criticism appears in the Wall Street Journal, Public Books, The Kenyon Review, and The Millions. He is writer-in-residence of the Athenaeum of Philadelphia.



4 Comments


  1. Back in the mid-90s, we thought that Firestone would make more money if they closed up, then re-opened as a bar/restaurant/nightclub called The Firestone, with the neon sign intact. Throw the garage doors open on a summer night, have patio dining, and put cage dancers up on the car lifts. Woulda been awesome.

  2. Good (though I have fond memories of that Firestone). The next step in developing Market Street is to remove the parking garages (both Drexel’s and Penn’s) that inappropriately hog land around the Market-Frankford El stop at 34th St. These garages are the very opposite of good TOD for that site. Those employees who insist on driving to either university can park remotely, far away from this key transit node and walking corridor. Build residences, densely, where the garages now sit.

Trackbacks

  1. Lunchtime Quick Hits | Philadelphia Real Estate Blog

Leave a Reply

Comment moderation is enabled, no need to resubmit any comments posted.

 

Recent Posts
Blumenfeld To Add To Abbotts Square

Blumenfeld To Add To Abbotts Square

May 27, 2016  |  Morning Blend

Society Hill mixed-use set for expansion, Mt Sinai as demolition and construction site, Hershey’s signs on for Pennovation Center, and mapping Philly regional commuter patterns > more

In Kingsessing, A Colonial Cottage Keeps History In Place

In Kingsessing, A Colonial Cottage Keeps History In Place

May 27, 2016  |  Vantage

  Vogdes Street skitters in one-and-two-block bits, like a seam with uneven stitching, through West Philadelphia. It begins at the southern end as a diagonal spur > more

Planning Commission Signs Off On New Penn Medical Facility

Planning Commission Signs Off On New Penn Medical Facility

May 26, 2016  |  Morning Blend

Penn Tower replacement approved by planning commission, two West Philly community gardens safe from sheriff’s sale for now, South Philly school to get $100K for playground improvements, anti-gentrification graffiti in West Philly, and Habitat for Humanity begins work on 21 homes near Temple > more

Bicycles + Exploration = Bikesploration! (Round 2)

May 25, 2016  |  Uncategorized

  Hidden City and Spoke Magazine have teamed up again to present a four tour series of bicycle explorations. Three of the tours are brand new > more

With World Heritage City Liftoff Tomorrow, What Can We Expect?

With World Heritage City Liftoff Tomorrow, What Can We Expect?

May 25, 2016  |  News

World Heritage and City officials will unveil the project's ambitious goals, but what do they have in mind, and can they deliver? Hilary Jay reports > more

PhillyU Students Rethink East Falls Station

PhillyU Students Rethink East Falls Station

May 25, 2016  |  Morning Blend

Imagining a rebuilt SEPTA station, recalling the fire of 1897, Pennsport residents want dog parks, five more homes for South Kensington, and operator selected for Parks on Tap summer series > more