The parking lot at 434 N. 15th Street

“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