A New Penn's Landing on the Delaware River Waterfront
DRWC is reconnecting Philadelphia to its river's edge with the creation of a transformational new Penn’s Landing Cap and Civic Space at the heart of the city’s waterfront. This project will include four key elements:
-A 4-acre cap over I-95 and Columbus Blvd. between Walnut and Chestnut Streets. Amenities will include a new skating rink, spray pools in the summer, a café and a variety of other active uses.
- An architecturally distinctive extension of the South Street Bridge that will bring pedestrians directly to the waterfront.
- The construction of the two mile on-road section of the Delaware River Trail, from Spring Garden Street to Washington Avenue.
In addition to these significant public improvements, the project is expected to generate approximately $1.6 billion of new revenues benefiting the City, School District, and Commonwealth. Potential future development includes two parcels that could bring 1,500 new housing units, 500 hotel rooms, and over 100,000 sq. ft. of retail, dining, and entertainment to the waterfront.
Preliminary engineering and design is currently underway. Design, permitting and construction documents will be completed by the end of 2019. Construction of the project is estimated to take approximately three years.