933 Penn StreetPhiladelphia, PA 19123
Located on the bank of the historic Delaware River, River’s Edge is positioned to boast unparalleled views of both the Philadelphia skyline and the Delaware River. With these views, River’s Edge will establish an undeniable, irreplaceable competitive advantage over every alternative urban residential offering in the same or higher price ranges. Center City is one of the fastest growing districts in Philadelphia and one of the few major metropolitan areas in the nation to show strong in-migration population increases from the suburbs over the last five years.
River’s Edge is located approximately 2 miles away from Penn’s landing tower along a Northern section of the Delaware River. As currently entitled, the 3.23 acre (140,825 square feet) site can accommodate 633,713 square feet of development as well as a parking garage for 459 stalls. The site currently has a C3 zoning with a maximum FAR of 4.5. The current design, by Bower Lewis Thrower, offer 347,979 square feet of saleable residential space in a 35 story tower made up of 266 units next to 6 levels of parking.Acquired: 2005Site Area: 2.73 Acres Development Area: 535,437 square feet of building space
