117341 | Penn's Landing Project Development - Local
DEVELOPMENT - LOCAL (Philadelphia City)
This project will involve the landscaping, building and amenities portion of the I-95 CAP project being paid for by local and private dollars.
12/3/2021--This project has been created for the items that are essential for functioning of the public spaces but not eligible for transportation funding. The funding for this portion of the work is City of Philadelphia bond and private.
This second contract will be let under an open bid by the Delaware River Waterfront Corporation, a registered 501(c)3 nonprofit corporation that acts as the steward of the waterfront and funded in part by the City. The parameters for the ownership, responsibility, and maintenance of all the cap components listed above are identified in a license agreement with the City that is currently in the process of execution. The Department will only be responsible for the heavy infrastructure with all landscape, building and amenities being the responsibility of the City and DRWC. Agreement language has been developed by the Office of Chief Counsel, Counsel for Department of General Services, and the office of the City Solicitor.
Limits: Spans both I-95 and Christopher Columbus Boulevard between Chestnut and Walnut Streets,
Air Quality Code: X9
FY2025 TIP for PA Program Years (in Thousands)
Phase | Fund | FY25 | FY26 | FY27 | FY28 | FY29-36 |
---|
CON | PRIV | $25000 | $0 | $0 | $0 | $0 |
CON | LOC | $80000 | $0 | $0 | $0 | $0 |
Program Year Totals: | $105,000 | $0 | $0 | $0 | |
Total FY25-FY28 Cost: | $105,000 | Total FY25-FY36 Cost: | $105,000 | |
All costs in thousands. |
Milestones
Phase | Milestone | Estimated Date |
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CON | Phase Approved by PMC | |
CON | Phase on Approved STIP | |
CON | Award Contract | 2022-11-04 |
CON | Notice to Proceed | 2022-12-05 |
CON | Start of Phase | 2022-12-05 |
CON | Physical Work Complete | 2026-10-08 |
CON | Completion of Phase | 2026-12-07 |
CON | Project Agreement End Date | 2028-04-07 |