Daily News | The city’s loss is a developer’s gain | Morning Newsletter
The West Philly building rejected by the police department is now a gorgeous, sunlit public health campus
Even after the city spent $52 million to renovate the Provident Mutual Insurance building, no government agency wanted to move there. The building sat empty for years before the city sold it to Iron Stone Real Estate partners for $10 million in 2020.has transformed it into a bustling public health campus. And now the developer is gearing up to build 1,240 market-rate apartments on the eight acres of open land that surround the building.By giving away the land with no strings attached, the Kenney administration lost an opportunity to require Iron Stone to incorporate affordable housing into its development.
Keep reading for her argument why this building could’ve been a better fit for the Philly Police Department
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