Monday, May 25, 2015

Whole Foods, 300 apts for Best Western's Parkway site

Neal Rodin's proposal has been circulating since July.

Whole Foods, 300 apts for Best Western's Parkway site

Whole Foods
Whole Foods

Neal Rodin's International Finance Company (IFC), the developer who told my colleague Maria Panaritis he plans to build a $100 million Whole Foods supermarket and apartment complex somewhere near the chain's smaller Art Museum-area location, has been circulating a plan to do just that on the 2.9-acre site occupied by the Best Western motel, between 21st and 22nd at Spring Garden, since July.

A copy of IFC's plan calls for construction on "almost a full square block," including a "luxury residential midrise containing between 250-300 apartments," offering tenants "unobstructed views of Center City Philadelphia, the Ben Franklin Parkway, and Fairmount Park."

A drawing submitted as part of the proposal shows underground parking, a lounge/cafe, and retail spaces at 50,000, 30,000, 11,000, 9,000 and 5,000 square feet.

About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano