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To amend the Philadelphia Zoning Maps by changing the zoning designations of certain areas of land located within an area bounded by Spruce Street, Juniper Street, Cypress Street, Watts Street, Pine Street and Broad Street, by amending Chapter 14-500 of the Zoning Code entitled "Overlay Zoning", by amending Chapter 14-700 of the Zoning Code entitled "Development Standards", and by amending Chapter 14-800 of the Zoning Code entitled "Parking and Loading", under certain terms and conditions.
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WHEREAS, This area of the City has been zoned for high rise commercial development since the City of Philadelphia adopted its first Zoning Code; and
WHEREAS, The proposed Avenue Place development includes a residential tower, a hotel, retail space and off-street parking; and
WHEREAS, The development includes a proposal to close a portion of the 1300 block of Cypress Street to provide for better access to and management of the parking and guest and customer servicing areas for the development; and
WHEREAS, Avenue Place includes the construction of a five star hotel which will support the growth of the Avenue of the Arts; and
WHEREAS, Avenue Place includes significant new retail commercial space to serve occupants of the building, hotel guests, residents of the community, and the general public; and
WHEREAS, Avenue Place has been designed by the world renowned architecture firm of Kohn, Pederson, Fox, world leaders in the design of monumental buildings; and
WHEREAS, The construction of Avenue Place will provide significant construction jobs for a period of more than three years as well as significant permanent jobs upon the completion of construction; and
WHEREAS, Avenue Place has committed to an Economic Opportunity Plan attached hereto as Exhibit A, which provides for contracting and employment opportunities for minorities, women and the disabled; now, therefore
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Tit...
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