The air rights were bought from Northwest 15th Street Associates, the former developer of the family court. The purchase of the air rights also completes a complex bankruptcy settlement that will allow the department to move forward with constructing the courthouse using architectural plans commissioned by the First Judicial District and paid for with $7 million from the Family Court Facility fund, according to a statement released by the general services department.
5/26/2011
New Family Court Building May Come Sooner Than You Thought?
According to the Philadelphia Business Journal, The Pennsylvania Department of General Services paid $1.1 million for the air rights over a parcel at 15th and Arch streets in Center City where the new family court building will eventually be constructed. This, clearing the way for construction of the controversial $200 million project to begin within weeks. Construction will start with a 3 story underground parking garage followed by a 14-story building.
The air rights were bought from Northwest 15th Street Associates, the former developer of the family court. The purchase of the air rights also completes a complex bankruptcy settlement that will allow the department to move forward with constructing the courthouse using architectural plans commissioned by the First Judicial District and paid for with $7 million from the Family Court Facility fund, according to a statement released by the general services department.
The air rights were bought from Northwest 15th Street Associates, the former developer of the family court. The purchase of the air rights also completes a complex bankruptcy settlement that will allow the department to move forward with constructing the courthouse using architectural plans commissioned by the First Judicial District and paid for with $7 million from the Family Court Facility fund, according to a statement released by the general services department.
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Center City
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