Funding for a large new waterfront park at Penn’s Landing
will be tucked into Mayor Jim Kenney’s budget address this Thursday.
The mayor plans to announce a $90 million city commitment
to capping I-95 and building an 11-acre expanse of greenery between Walnut and
Chestnut streets. The project is meant to connect Center City with the
waterfront. The administration expects this public project—estimated at $225
million—to spur adjacent private investment on a far larger scale.
“We have never met our potential when it comes to
waterfront development,” said Mayor Kenney in an interview with PlanPhilly. “A
lot of it has to do with a lot of the waterfront parcels being privately owned.
But just concentrating on the central waterfront that we control, we’ve never
maximized our potential. This will go a long way in doing that.”
The 2007 Civic Vision for the Central Delaware, a process
led by PennPraxis*, was a first step toward that goal. It envisioned a new
public park at Penn’s Landing and the Delaware River Waterfront Corporation
(DRWC) fleshed out the idea in the Master Plan for the Central Delaware,
adopted by the city in 2012. An intensive public engagement process and an
initial engineering study refined the design, developed by the landscape
architecture firm Hargreaves and Associates and were released in 2014.