Wednesday, May 6, 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

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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 raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at or 215 854 5194.

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