A New Penn's Landing on the Delaware River Waterfront
- A 11.5-acre park and civic space between Chestnut Street and Walnut Street, Front Street to the river, connecting the city to the waterfront. This new park will include a new skating rink, water features, a café and a variety of other active and passive 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 are slated to be completed by 2021. Construction of the project is estimated to take approximately three years.