Brandywine Realty Trust has bought almost the entire
Center City block that had been the site of 2013's deadly building collapse
that flattened a Salvation Army thrift store.
The 37,000 square feet of property purchased by the
company Tuesday include all but three parcels along the southern side of Market
Street between 21st and 22d streets, Brandywine president and CEO Jerry Sweeney
said in an interview.
The site includes two three-story buildings that
Brandywine will renovate into rental lofts, offices and retail spaces, Sweeney
said. Another 30,000 square feet of the block, which are now vacant or used for
parking, will be developed in the future, though the company has not decided
how it will use the space, he said. All were owned by Richard Basciano.
The developable area extends from the memorial park to
the collapse victims on the western end of the property to the city-owned
firehouse toward the middle, neither of which were part of the transaction. One
other multi-story building on the block was also excluded from the sale.
Six people were killed in the June 5, 2013, accident on
the block, when a building undergoing demolition collapsed onto the thrift shop.
Source: Philly.com
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