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Blackwell halts sale of 4601 Market St.

Posted on 14 December 2018 by Mike Lyons

The proposal to convert the Provident Mutual Insurance Co. site at 46th and Market into a healthcare campus hit a major roadblock on Thursday when Councilwoman Jannie Blackwell halted a vote on legislation that would have allowed the city to sell the property.

The move followed a contentious public meeting in West Philly on Tuesday where several community members spoke against the proposal, which the city selected this summer after a bidding process. Criticisms included the low sale price of $10 million and a lack of transparency in the bid selection process.  Continue Reading

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Calls for more transparency in sale of Provident building at 4601 Market

Posted on 12 December 2018 by Mike Lyons

Residents criticized developers and city officials for a lack of transparency in the proposal to convert the city-owned Provident Mutual Life Insurance Co. building and surrounding land at 46th and Market into a campus focused on mental health services and child care during a public meeting on Tuesday night.

About 125 residents gathered in the auditorium of West Philadelphia High School at 49th and Chestnut for presentations from the developers, a city official handling the deal, and proposed tenants, which include the Children’s Hospital of Philadelphia, the University of Pennsylvania and the YMCA.

The city chose that plan earlier this year after a call for proposals. The call came after a long-anticipated plan proposed by former mayor Michael Nutter to move the police headquarters and related offices to the 13-acre site was scuttled by Mayor Jim Kenney, Nutter’s successor. The police headquarters, the Medical Examiner’s office and the 6th and 9th police districts will now move into the old Philadelphia Inquirer building at 400 N. Broad St..

That change and the city’s subsequent choice of this new proposal caught many residents off guard.

“People aren’t mad, they’re just tired of hearing a lot of things that they didn’t have any say in,” said one resident. “The process is defective.”  Continue Reading

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Kenney clarifies timeline for 4601 Market St.

Posted on 15 November 2017 by Mike Lyons

Mayor Jim Kenney told the audience gathered for the Spruce Hill Community Association annual meeting last night that the city would likely to have a handful of serious proposals for the old Provident Mutual Insurance building at 4601 Market St. by early January.

His administration cancelled plans in May to move the police headquarters to the building, opting instead for the old Philadelphia Inquirer building at 400 N. Broad St. Those plans were devised during the administration of Michael Nutter.

The city has received several requests for quotation (RFQ) on the property. These are narrative proposals of what would be done with the property. Those proposals range from commercial and retail to medical and educational. All propose a mix of uses for the property. Kenney said the RFQs are private and he could not provide specific details on any of them.  Continue Reading

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Process to court developer for Provident building (4601 Market St.) officially begins

Posted on 24 August 2017 by Mike Lyons

The city is now officially seeking a developer for the Provident Mutual Life Insurance complex at 4601 Market St., several months after the Kenney administration scuttled plans to move the police administration to the site.

The Philadelphia Industrial Development Corporation issued a “Request for Qualifications and Expressions of Interest” today that seeks potential developers for the 15-acre property adjacent to the Market-Frankford Line’s 46th Street stop. The city hopes to assemble a short list of interested developers this fall and then open a competitive bidding process. Proposals for the first phase are due Nov. 1.

The property is zoned CMX-3, which allows a wide variety of uses – from a community garden to an apartment building to a hospital. The complex includes a 325,000-square-foot administration building and a 11,200-square-foot utility plant.  Continue Reading

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Community organizations ask for clarity on future of ‘white elephant’ – 4601 Market St building

Posted on 18 August 2017 by Mike Lyons

Former Provident Mutual Life Insurance building at 4601 Market St (archived photo).

Three West Philly neighborhood organizations have written to Mayor Jim Kenney to express their disappointment with the decision to pull the plan to move police headquarters to the old Provident Mutual Life Insurance Building at 4601 Market St, calling the decision “stunning.”

In May, the city canceled plans devised during the Nutter administration to relocate the police headquarters. Instead, it will reportedly move to the former Philadelphia Inquirer building at 400 N. Broad St. The city has spent about $50 million to purchase and renovate the 90-year-old Provident building.

The community associations of Garden Court, Spruce Hill and Walnut Hill neighborhoods also asked that the city continue to renovate the building and include the community in decisions about its future use.  Continue Reading

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More than 1,200 new apartments – six buildings – reportedly coming to 46th and Market

Posted on 26 August 2022 by Mike Lyons

The developers of 4601 Market St., which includes the stately, gold-cupolaed Provident building, are reportedly moving ahead with plans to build six apartment buildings, including an 18-story tower, on the site.

Executives with Iron Stone Real Estate Partners, which purchased the property in 2019, told The Philadelphia Inquirer’s Jake Blumgart that the firm is moving ahead with plans to add 1,240 apartments on the site, which stretches west along Market Street from 46th to 48th Streets and north along 46th Street to Haverford Avenue.

The property is zoned CMX-3, a mixed-use designation that means the residential buildings will likely be constructed “by right” with little required community input on things like the inclusion of affordable housing. Continue Reading

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