Official:Authorizing the Commissioner of Public Property, on behalf of the City, to acquire fee title or lesser real estate interest, including a leasehold estate, for all or a portion of the premises bounded by State Road, the Pennypack Creek, the Delaware River, and former Hartel Avenue, to enter into a lease or sublease agreement with the Philadelphia Authority for Industrial Development at said premises for the development of a facility, to enter into an intergovernmental agreement with PAID for the development of the facility, and to take title to the completed facility from PAID, all under certain terms and conditions.
Sponsor: Councilmember Driscoll
Introduced: February 27, 2025
Signed: May 8, 2025
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
The city is acquiring a large plot of land along the Delaware River to develop a facility for economic development and job creation through an intergovernmental agreement with PAID.
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