Even more
development is coming to Baltimore Avenue in the next few months.
A plan is in the
works for a 140 to 150 unit mixed-use building on 43rd Street and Baltimore
Avenue. The space is also planned to include 10,000 square feet of retail on
the first floor that will house four businesses.
About five months
ago, the site developers U3 Ventures began a community engagement process to
determine what the neighborhood wanted from a new building.
“We had a
tremendous level of enthusiasm from the neighbors,” U3 Ventures founder and CEO Omar Blaik said. “Our basic question was, ‘Do you want
the building to take shape as designed by the zoning code or do you want to see
something more inspiring?’”
The developers
are no strangers to University City. Blaik was the vice president of Penn
Facilities and Real Estate Services from 1996 through 2006. U3 Ventures’
current Vice President of Development Tom Lussenhop was also the director of
real estate for FRES.
Source: The
Daily Pennsylvanian
No comments:
Post a Comment