PMC Property Group hopes to break ground on a 250-unit
apartment building at 230 N. Columbus Blvd. - near the Ben Franklin Bridge -
this July.
The $65 million project, called 1 Water Street, is being
designed by Varenhorst. Plans currently call for 166 one-bedroom and 84
two-bedroom apartments, although PMC Executive Vice President Jonathan Stavin
said there is still discussion about including some three-bedroom units in the
mix as well.
Materials selection is not complete, but there will be “a
significant amount of glass and metal,” Stavin said. A panel system similar to
the PMC project at 1900 Arch Street will be used on the 170-foot structure, he
said.
The 1 Water Street grounds will include two public green
spaces, designed by landscape architect David Rubin at Land Collective. “We've
chosen to set the vast majority of the building back 25 feet from the
sidewalk,” Stavin said. “We're going to have the effect of a promenade along
Columbus Boulevard. It will not just be a sidewalk, but a green space with a
water feature and built in benches.” The setback will accommodate a series of
18-inch retaining walls that will be used to raise the building above the
floodplain, he said.
Together, the two public spaces will total about 11,600
square feet, or 20 percent of the site. The second, larger space will be
located at the corner of Columbus and Vine. Stavin said he doesn't have many
details on this spot yet, but will when the project goes before the
Philadelphia City Planning Commission's Civic Design Review Committee in a few
weeks.
A green roof is planned for the project, for which PMC will
seek LEED certification. It includes 73 parking spaces, and will “probably”
include car-share spots. There will be a bicycle storage room, gym, and meeting
space for building residents.
Ten percent of the 250 apartments – 25 of them – will be
reserved for lower-income residents. The rents will be lower for those
apartments, Stavin said, but he doesn't yet know how much rent will be for any
of the apartments.
Stavin said his company has reserved units for lower-income
residents at a Pittsburgh project, and it proved “very successful.”
On Water Street and Columbus, PMC is offering the
larger-than-required public spaces and mixed-income component of the project in
exchange for height bonuses. The project is within the Central Delaware Overlay
district, which limits height to 100 feet unless developers provide one or more
of the public benefits listed in the legislation.
For those who follow waterfront development, the 230 N.
Columbus address may sound familiar. It was formerly the proposed location of
Marina View Tower, a project for which Louis Cicalese's Ensemble Real Estate
received needed approvals at least twice, but never built. PMC bought the
property in January – the $65 million price tag includes that purchase as well
as construction costs, Stavin said.
There were several versions of Marina View. In 2006,
Cicalese planned a 30-story tower with nearly 200 condos, but then the condo
market faltered. In 2012, Cicalese and Ensemble proposed 180 apartments in an
11-story plan approved by planning commissioners under the former Plan of
Development process required by the interim version of the Central Delaware
Overlay - a collection of zoning rules put in place to shape development
according to the city's long-range goals for the Central Delaware waterfront.
The plan morphed a bit during the process, but initially it
had its critics on and off the commission. They wanted more active space on the
ground floor. They thought the building's massing and height combined lessened
views of the Ben Franklin Bridge. And they thought the original ratio of one
parking spot per unit was too much parking. Critics weren't especially bothered
by the 120 foot height, even though it exceeded the 100 foot cap called for in
the Master Plan for the Central Delaware. They were unhappy that the PCPC
approved the plan without, in their opinion, requiring much in trade from the
developer. That led to a push for the detailed matrix of public benefits and
height bonuses that are part of the current Central Delaware Overlay.
“A lot of people not happy with [the previous proposal],”
Stavin noted. “We made a lot of adjustments to take into account the concerns
community had at that time.”
This includes pulling the massing of the building away from
the bridge. “You can still see the bridge from Columbus Boulevard and I-95,” he
said. “We're not blocking out the buttresses.”
This decision preserves views the community was concerned
about, Stavin said, but he said it's also better for his project.
“The bridge is absolutely massive,” he said. “Anything right
up against the bridge is going to look small and insignificant. Pulling the
massing away, we were better able to balance the building and the bridge, so
they better complement each other.”
One group of critics was the Central Delaware Advocacy
Group, a collection of representatives from river-community civic associations
and other organizations that advocates for the Central Delaware Master Plan and
related zoning overlay.
CDAG was more pleased with Marina View's final plan, which
the PCPC approved in late 2012. It called for more units (206), fewer parking
spaces (178), more glass, and active uses on the ground level.
But CDAG is much more enthusiastic about 1 Water Street, said
Vice Chairman Joe Schiavo. The advocacy group is a Registered Community
Organization and heard about the plans, as such, during their recent meeting.
Schiavo noted other PMC projects under construction. “One of
the big differences between [PMC] and the former property owner is that these
folks seem to build things,” he said.
CDAG has also embraced 1 Water Street as its poster project
for development-by-right under the permanent version of the Central Delaware
Zoning Overlay and the underlying zoning, CMX-4.
“They are meeting the parking requirement, not exceeding it
by far. They are meeting and exceeding the open-space requirements. It is
taller than 100 feet, but they are using two formulas to get themselves a
height bonus,” Schiavo noted.
He said the building may be taller than what some would
prefer, but it does not exceed the density ratio allowed by CMX-4. “It's not an
overbuild,” he said.
The proposal presents as two structures, and it's the
taller, 16-story one that's about 170 feet, Schiavo said. About half of the
parking is beneath the 13-story building, and half is exposed to the sky but
screened so that it's not visible from the street, he said.
They like the “apron of space” along Columbus. It's a
terraced space, with paths and seating open to the public. It was designed to
handle a berm needed to boost the project above the flood plane, and it manages
the flood plane problem better than Marina View did, Schiavo said.
In the first of its 2012 versions, Marina View placed a wall
along the Delaware Avenue sidewalk. Neither CDAG nor neighbors, Planning
Commissioners nor the Delaware River Waterfront Corporation, which manages
city-owned waterfront land and is overseeing redevelopment along the entire six
miles, liked that wall. It was replaced with a grass berm with stairs, but
Schiavo said the berm still wasn't usable space, and had no purpose but to hide
the wall. “This is a better solution.”
CDAG will be sending a letter of support for the project to
Civic Design Review, Schiavo said, and will be using the letter to highlight
the possibilities for by-right development under waterfront zoning. “The
conclusion we came to is that you can actually build in the area of the Central
Delaware given the current zoning code and overlay and build a project that
requires no variances,” Schiavo said. “This project proves the current zoning
overlay and current code work.”
Stavin said designing a project under waterfront zoning was
not difficult. “We found that the overlay made a lot of sense given some of the
constraints you would have with foundations near the river,” he said. “The
height [cap] seemed more than adequate to get the density we needed to make
development feasible” since there are several bonus plans available. “We were
able to achieve everything we needed to achieve.”
Stavin said his company doesn't generally do waterfront
development, but this parcel was attractive because of its proximity to Old
City and “a combination of improvements made by the city of Philadelphia – the
Race Street Pier, the pedestrian walkway down Race Street – and the success of
private developments such as Morgan's Pier and the new FringeArts building.”
These things made PMC “feel like [the site] has the ability
to be integrated into the city,” Stavin said. He noted the location on the west
side of the avenue also helps with that city connection.
Apartments will be available about 18 months after
construction begins, Stavin said.
Source; Philly.com
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