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RAL – 1300 Fairmount Residential Development – Pennsylvania - Project Profile

RAL – 1300 Fairmount Residential Development – Pennsylvania - Project Profile

Synopsis

"RAL – 1300 Fairmount 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.

The "RAL – 1300 Fairmount Residential Development – Pennsylvania - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

RAL Companies & Affiliates, LLC (RAL) is planning to build a residential complex in Philadelphia, Pennsylvania, the US.

The project involves the construction of a residential complex and it will be developed in two phases. It includes the construction of a 7,710m2 supermarket, two residential towers with 486 rental apartments and retail on the first floor, a public plaza on 1.6ha of land, 580 parking spaces and other related facilities.

The first phase will likely include the retail and the west wing of the apartment tower, which should be 15 stories tall.

The second phase will add the east wing of the apartment tower, which will be 21 stories tall.

Cope Linder Architects have been appointed as an architect for the project.

In June 2015, the project secured a US$3.5 million grant from the Redevelopment Assistance Capital Program.

On June 9, 2015, RAL secured preliminary approval from City of Philadelphia.

In November 2016, the project secured a US$3.0 million grant from the Pennsylvania's redevelopment assistance program.

Scope

The project involves the construction of supermarket, two parking levels, two residential towers and public plaza on 1.6ha of land in Philadelphia, Pennsylvania, the US.

The US$100 million project also includes the following:

1. Construction of 7,804m2 supermarket

2. Construction of 486 apartments

3. Construction of 21 story apartment tower

4. Construction of 580 parking spaces

5. Construction of 168 bicycle and 35 bike parking spaces

6. Construction of 557m2 public plaza

7. Construction of a 15 story apartment tower

8. Construction of related facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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