Owner Of River City Site To Pursue Rezoning & Sale

 

“River City is comprised of five parcels totaling just over seven acres and is L-shaped. It consists of 60 N. 23rd St., 2301, 2201, 2101 and 2001 John F. Kennedy Blvd.” | Courtesy of JLL

“River City is comprised of five parcels totaling just over seven acres and is L-shaped. It consists of 60 N. 23rd St., 2301, 2201, 2101 and 2001 John F. Kennedy Blvd.” | Courtesy of JLL

  • After feeling the market’s waters three years ago, New York-based Garrison Investment Group is trying once more to unload seven acres of prime Center City real estate. The aborted River City site, an L-shaped collection of five parcels along John F. Kennedy Boulevard and the Schuylkill River, could sell for “north of $30 million,” reports the Philadelphia Business Journal.
  • Inga Saffron contextualizes “reigning developer” of Fishtown Roland Kassis’ plans for a boutique hotel just south of Frankford Hall. In a slight departure from his usual redevelopment methods, Kassis is working with architect Morris Adjmi (a nouveau industrialist, says Saffron) in this his first new construction project along Frankford Avenue. The six-story building that Adjmi has conceived will extend Kassis’ M.O. of gritty urban reuse to a vacant lot, offering a caring “new-old balance,” a “restrained nod to Fishtown’s DNA.” Kudos too for Kassis’ perceptive decision to diversify usage; “It can’t be all bars, restaurants, and houses.”
About the author

Stephen Currall recently received his BA in history from Arcadia University. Before beginning doctoral studies, he is pursuing his interest in local history, specifically just how Philadelphians engage their vibrant past. Besides skimming through 18th century letters, Steve is also interested in music and travel.

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