Title
To amend the Philadelphia Zoning Maps by changing the zoning designations of certain areas of land located within an area bounded by Powelton Avenue, Lancaster Avenue, 37th Street, Warren Street, 36th Street, Filbert Street and 38th Street, and by revising use and dimensional regulations in that area of the City, under certain terms and conditions.
Body
WHEREAS, This site is the location of the former University City High School and the Charles R. Drew elementary school; and
WHEREAS, Drexel University in a joint venture with Wexford Science and Technology propose a redevelopment of the site to include educational uses, research, retail, office, residential and off-street parking; and
WHEREAS, The School District of the City of Philadelphia will retain an option, for a period of five years, to build a new K-8 public school on the site; and
WHEREAS, The demolition of the existing buildings on the site is necessary for any redevelopment and will be done at great expense to Drexel University and Wexford Science and Technology; and
WHEREAS, The development plan for the 14 acre site includes approximately 2.7 million square feet of total development at a cost of almost $1 billion; and
WHEREAS, Approximately 3,700 full time permanent jobs will be provided at this location; and
WHEREAS, A wide variety of commercial, residential, institutional, laboratory, office and parking uses as well as neighborhood based residential, retail and recreational uses are included in the plan; and
WHEREAS, The construction of the proposal will provide significant construction jobs for a significant period of time as well as provide permanent jobs upon the completion of construction; and
WHEREAS, The placement of streets on the City Plan within this site will result in an overall diminution in the allowable gross floor area for the site; and
WHEREAS, The construction of significant above ground parking facilities as part of the development of the sit...
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