The transit oriented development designed by WRT in partnership with Jonathan Rose Companies and AMP, is progressing quite well and looks like it could be complete by the end of summer. The 1.9-acre brownfield site sits adjacent to SEPTA's Temple University Station – the fourth busiest stop in the regional transit system. The project consist of a mixed-use program focused on affordable and market-rate workforce housing. Paseo Verde offers 120 units of sustainable housing for low and moderate income families, approximately 30,000 SF of ground floor retail and community services, commercial office space, and parking.
When completed, Paseo Verde will link residents, workers and students to one of the busiest transit stations outside of Center City, and will represent the culmination of a decade-long planning effort by APM to revitalize the surrounding neighborhood and successfully reintegrate the local community into both the neighboring Temple University campus, and the broader urban fabric beyond.
The project is designed to attain the highest levels of LEED for Homes and LEED for Neighborhood Development certification, and aims to serve as a model for sustainable redevelopment in neighborhoods throughout Philadelphia.
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