Community members say suburban sprawl and unchecked development is upending green space, causing housing prices to skyrocket, and making the borough less racially and economically diverse.
The Delaware River Waterfront Corporation has selected the Durst Organization to execute a $2.2 billion redevelopment of two prominent parcels along Old City’s riparian shore — effectively ending a competing bid by the Philadelphia 76ers to construct a new arena on the site.
Block upon block of red brick rowhouses still line Kensington’s streets. Increasingly, new construction does too, and lots of it.
If City Council President Darrell Clarke has his way, Philadelphia’s 10-year property tax abatement on residential construction will be dramatically different by the end of this year.
