PHA – Liddonfield Residential Development – Pennsylvania - Project Profile
"PHA – Liddonfield Residential Development – Pennsylvania - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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The Philadelphia Housing Authority (PHA) is planning to construct an apartment complex in Philadelphia, Pennsylvania, the US.
The project involves the construction of an apartment complex comprising 300 senior housing units on 4.8ha of land. It includes the construction of parking and related facilities.
On April 21, 2015, PHA issued a request for quotes (RfQ) from developers to develop the project with a submission deadline of May 21, 2015.
On June 24, 2015, Diamond and Associates submitted a proposal to build 200-to 240 single-bedroom units in three, three-story buildings with parking lots, green space and walking paths.
NewCourtland submitted a proposal to invest US$50 million into the site, including about US$10 million to build two NCAA-caliber athletic fields.
In December 2016, PHA has planned to reach a development agreement with NewCourtland to develop the project. Final agreement is yet to be signed.
PHA has committed to provide operational funding through its Housing Choice Voucher Program for 20 years.
PHA is in process of securing approvals.
The project involves the construction of an apartment complex comprising 300 senior housing units on 4.8ha of land in Philadelphia, Pennsylvania, the US.
The US$50 million project includes the following:
1. Construction of retail units
2. Construction of parking and related facilities
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