Philadelphia Business Journal: Developer offers to build Delaware River trail if he can construct taller buildings

2019-07-07T04:47:51+00:00July 7th, 2019|Feature Article|

Philadelphia business journal - liberty on the river

A mega-development coming to the Delaware River waterfront will include a swath of a long-planned river trail in exchange for permission to build taller towers than local regulations permit.

Developer Jeff Kozero will build the trail on a section of publicly owned land as part of the first phase of a massive development that will eventually span 18 waterfront acres between Washington Avenue and Reed Street. It will include 10 towers comprising nearly 2,000 residential units and a hotel. In addition to the public trail controlled by the Delaware River Waterfront Corporation, Kozero plans to create 2.2 acres of public space.

The development, known as Liberty on the River, will rise behind the union hall of Sheet Metal Workers Local 19 on land purchased from the labor union. The latest plan for the sprawling site comes after years of negotiations with the Pennsport Civic Association and a controversial attempt to rezone the parcel for an even larger project.