I95 Construction Ahead!

The new development project in Philadelphia is expected to be completed in 2026, and it is one of the biggest projects in the city. Philadelphia is undergoing a renaissance of transportation projects with the proposed Chinatown Stitch to hopefully cap the 676 expressway, and now they are planning on capping a larger single area between Chestnut and Walnut St. Initially, the Sixers proposed to create an arena along the Delaware waterfront, but the Durst Organization from New York outbid them and won the development project.

The project is estimated to cost around one-third of a billion dollars, which is a significant investment in the Philadelphia waterfront area. The development will create about 12 acres of parkland, which is an addition to the city's green space. And, if history is testament to anything that may be under budgeting. The project will likely attract new businesses, residents, and visitors to the area, boosting the local economy and creating new job opportunities.

With the development of this waterfront area, there is potential for the revitalization of the local community, improving the quality of life for residents and visitors alike. There are already several large developments up and down the waterfront getting ready to capitalize on the project. 

Overall, the development project in Philadelphia is a significant investment in the city's future, creating new opportunities for growth and revitalization. It will be exciting to see how this project develops over the coming years and the positive impact it will have on the city and its residents.

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Austin Church