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"luxury apartment complex"

Gauthier calls on developers of massive 4601 Market site to start over and include affordable housing

Posted on 23 February 2023 by Mike Lyons

An artist’s rendering of the planned apartment complex. This view is east from 48th street. The Provident building is in the background.

 

UPDATE: The community meeting has been postponed. See the story here.

Councilmember Jamie Gauthier has issued a last-minute call for developers of the massive property at 46th and Market Streets to rethink their plans to build 1,240 apartments to include a “substantial” number of affordable units.

A community meeting with developers, Iron Stone Real Estate Partners, is planned for March 1 at 6 p.m. at the Alain Locke School (4550 Haverford Ave). The meeting is scheduled less than a week before the city’s Civic Design Review hearing on the plan scheduled for March 7, essentially the last chance for the public to weigh in on the proposal.

Iron Stone revealed plans over the summer to build six apartment buildings, including a 19-story tower on the site, which includes the gold-cupolaed Provident building and is adjacent to the 46th Street El stop. The Provident building now houses the Public Health Management Corporation, Children’s Hospital of Philadelphia offices, and a charter school. The rest of the site, some 13 acres, is mostly open space. Continue Reading

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