THE LOWER SCHUYLKILL MASTER PLAN EXECUTIVE SUMMARY

Transcription

1 THE LOWER MASTER PLAN EXECUTIVE SUMMARY

2 Th Lowr Schuylkill Mastr Plan nvisions a 21st Cntury industrial district at intgrats xciting opportunitis for nw and growing businsss wi sustainabl faturs and complling public amnitis. OVERVIEW In 2010, City of Philadlphia, Philadlphia Industrial Dvlopmnt Corporation (PIDC), Philadlphia City Planning Commission (PCPC), and Philadlphia Dpartmnt of Commrc rlasd Industrial Land & Markt ratgy for City of Philadlphia, a comprhnsiv study at invntorid all of industrial land in Philadlphia and found a critical shortag of modrn industrial sits. Basd on its siz, industrial charactr, transportation assts, and proximity to conomic ngins, Lowr Schuylkill was idntifid as a prim opportunity to satisfy is nd. Philadlphia20 chod is conclusion. Ky Invstmnts 1. Nw Rivr Road linking plannd Innovation District to Univrsity City 2. Publicly accssibl rivrfront trail and grnspac. Intgratd, districtwid stormwatr managmnt systm 4. Distinct gatways and campus faturs. Upgradd bicycl and pdstrian amnitis An inclusiv planning initiativ ld by PIDC, PCPC and Dpartmnt of Commrc, wi gnrous support from William Pnn Foundation, dvlopd a long-trm bluprint for rvitalization, rcommnding targtd public invstmnts in roads, nvironmnt, and public amnitis to attract a divrs array of nw and growing businsss. Ths invstmnts ar projctd to attract ovr $860M in privat invstmnt and up to 6,00 nw jobs, whil stablishing an intgratd grn ntwork wi fiv mils of nw trails and 46 acrs of nw grn spac. KEY FIGURES OF THE LOWER MASTER PLAN Siz Dvlopmnt Capacity Public Infrastructur Invstmnt Grnd Spac,700 acrs Prmannt Jobs.M 6.6M SF Economic Impact $6B (City & at) $411M 46 acrs Lvragd Trails Cratd,00 6,00 $860M mils *Projctd valus. Sourc: NBBJ, HR&A Advisors

3 Nw Rivr Road THREE CAMPUS VISION Approaching Lowr Schuylkill as r distinct campuss crats divrs opportunitis for grow, whil allowing Mastr Plan to customiz intrvntions to spcific nds of ach ara. A nw Rivr Road on wst bank will connct plannd Innovation District dirctly to Univrsity City and provid much-ndd public rivr accss. Distinct gatways, nhancd roadways, public amnitis, and grn stormwatr faturs will position r campuss as modrn, comptitiv locations for Philadlphia s growing businss sctors. ENERGY CORRIDOR LOGISTICS HUB INNOVATION DISTRICT Th Innovation District is nvisiond as a vibrant, grn campus for rsarch and dvlopmnt, advancd and artisanal manufacturing, institutional grow, and or high-quality uss. A nw Rivr Road will link dirctly to Univrsity City, whil an accssibl public rivrfront and a grn makovr will transform is ovrlookd ara into a complling dstination for businsss and rsidnts alik. Th Logistics Hub is nvisiond as a highly comptitiv cntr for distribution, warhousing, and manufacturing, wi suprior connctions to Philadlphia s xpanding intrnational airport, two intrstat highways, and a dns rgional population. rngning commrcial spin along Essington Avnu, improving connctions, and supporting nw businss clustrs will st stag for nhancd grow. Th Enrgy Corridor is nvisiond as a national hub for nrgy production and distribution, lvraging suprior rail, highway, and port assts. Prsrving intgrity of campus maximizs grow opportunitis, whil nhancing its primtr improvs ky gatways and accss routs. Assts > Small to midsiz parcls ( 20 acrs) > Significant public ownrship > Pnn s Sou Bank campus > Limitd rsidntial > 10 minuts from Univrsity City Assts > Mid- to larg-siz parcls (1 90 acrs) > Proximity to Philadlphia Intrnational Airport > rong connctions to I-9 and I-76 > Distribution and warhous uss > Eastwick Industrial Park Assts > Primarily larg parcls (0+ acrs) > Som public ownrship > Activ oil rfinry and natural gas facilitis > CSX Transflo Yard > Marin facilitis > High-valu industrial infrastructur > Two national historic sits: Th Woodlands and Bartram s Gardn > Rivrfront parcls > Viws of Cntr City > Rcnt dvlopmnt momntum wi USPS and Philadlphia Wholsal Produc Markt > Existing nrgy hub wi capacity for grow and divrsification > Excllnt piplin accss > Accss to port, rail, and highways

4 IMPLEMENTATION Focusing arly implmntation fforts on ky sits wiin Innovation District will spur rdvlopmnt and stablish a high-quality prcdnt for futur grow. Subsqunt phass will support grow and xpansion wiin Logistics Hub and Enrgy Corridor. Th following projcts ar alrady undrway: 1 GRAY S FERRY BRIDGE UPGRADES PnnDOT bridg upgrads slatd for , includ bicycl/pdstrian faturs to bttr connct ast and wst sids of Innovation District, whil providing an intrim link btwn Schuylkill Banks trail and its plannd xtnsion on wst bank PENN S SOUTH BANK CAMPUS Nw invstmnt and planning ar transforming is 2 acr formr industrial sit into a vibrant, mixd-us campus faturing cutting-dg innovation, nxt gnration of ntrprnurs and xpandd institutional activity. Early fforts ar undrway to stablish a distinctiv Innovation District gatway at 4 and Grays Frry Avnu. BARTRAM S NORTH & SOUTH Ths rivrfront sits, many wi skylin viws, prsnt som of most promising rdvlopmnt opportunitis in Lowr Schuylkill. Environmntal rmdiation is undrway on svral publicly-ownd parcls ratgic public invstmnts in accss, infrastructur and amnitis, coupld wi high-quality rdvlopmnt of publicly ownd sits, will stablish a strong foundation to attract privat invstmnt and dvlopmnt. 4 PHILADELPHIA ENERGY SOLUTIONS REVITALIZED ENERGY COMPLEX Spdy nw rail facilitis ar transforming nation s oldst continuously-oprating oil rfinry into a modrn, comptitiv facility wi nw opportunitis for grow and divrsification. BARTRAM S MILE Dsign and planning ar alrady undrway to xtnd popular Schuylkill Banks rcration trail to wst bank of Innovation District, btwn Grays Frry Bridg and 8 rt. Th rsult will b a striking, on mil strtch of nw trail showcasing rivr and Bartram s Gardn, as wll as providing ddicatd public rivr accss to adjacnt communitis. LOWER MASTER PLAN Excutiv Summary May 201

5 THE LOWER Cntr City Univrsity City GRAYS FERRY MASTER PLAN SOUTHWEST PHILADELPHIA ratgic public infrastructur invstmnts THE LOWER Th Navy Yard Frry A v 4 S t 49 Grays EASTWICK Philadlphia Intrnational Airport Bartram s Nor Chaptr Info Bar G ra ys Wharto Av n Innovation district Nw Dvlopmnt Capacity 6 6 I-7 8 Bartram s Sou lvd hb rg rd db 6 Lin $20M $420M 2,800,00 Nw Annual Tax Rvnu $1M Total Economic Impact $B Projctd Valus, HR&A Advisors 61 st Logistics hub k Av n u y s Nw Dvlopmnt Capacity 2.4M 2.8M SF Infrastructur Cost Nw Jobs Pas ar ssntial to rconnct Lowr Schuylkill and unlock its potntial as a comptitiv 21st cntury industrial district. Ddicatd public rivr accss and nw amnitis will attract nw usrs and nrgiz campuss SOUTH PHILADELPHIA.1M.8M SF Infrastructur Cost $181M $40M Nw Jobs 2,00, $12M Total Economic Impact $0B Projctd Valus, HR&A Advisors t o n Av Nw Annual Tax Rvnu Islan Essing Enrgy Corridor d Av Dvlopabl Acrs 20 Acrs $100M+ Nw Jobs Projctd Valus, HR&A Advisors 200+ Proposd Amnitis + Grn Spac I-9 rt Ba ram Av Existing Schuylkill Banks Trail Plannd Schuylkill Banks Trail Extnsion Long trm Schuylkill Banks Trail Extnsion Grn ormwatr Infrastructur Grn Spac Proposd Rivr Road Long trm Rivr Road Extnsion Nw Grn Spac Nw Trails Proposd Grn ormwatr Managmnt Infrastructur 46 Acrs Mils 80 Acrs FOR ADDITIONAL INFORMATION REGARDING THE LOWER MASTER PLAN PLEASE CONTACT: [email protected] Phon: