“The School District of Philadelphia recently sold 1.4 acres to Community College of Philadelphia. The land is located at 434 N. 15th St. in Philadelphia, and sold for $5.8 million in an all-cash transaction. The development site is zoned G2, has all utilities to site, and is currently built out as a 250-car parking lot. The land was on the market for about 16 months and is now being held for future mixed-use redevelopment. Until the redevelopment begins, the land will be used for employee parking.” —-CoStar Group
School District Parking Lot To Become Mixed-Use Development
May 10, 2011No Comments