PlanPhilly

Real Estate Development

    • St. Laurentius zoning meeting vote, September 20, 2016 | Brad Larrison for NewsWorks

Fishtowners feud at community meeting over St. Laurentius reuse proposal

On Tuesday night the Fishtown Neighbors Association held a zoning meeting and nonbinding vote on the future of St. Laurentius church. Developer Leo Voloshin stood before the massive crowd and defended…

    • Bridgeview, interior courtyard parking | JKR Partners

Proposal to increase parking minimums finds no support at Planning Commission

Tuesday’s meeting of the Planning Commission centered on Councilwoman Jannie Blackwell’s bill to double the amount of parking required at many forms of new development in the city. The bill would…

    • St. Laurentius, 2015 | Michael Klusek, EOTS Flickr Group

St. Laurentius: Seeking the Wisdom of Solomon in Fishtown

As Fishtowners mull the residential redevelopment proposed for St. Laurentius Church, Faithful Laurentians are hoping for a different plan that requires less alterations of the building. Community ContributorFishtown native,…

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ABOUT REAL ESTATE DEVELOPMENT

Though it often has a negative connotation, development represents the absolutely crucial element of demand to use the urban form. Once completed, the development project ends up helping to define the built environment for future generations. Without development, there would be no city to plan. Despite the stigma often attached to it, development can meet both community needs and earn a profit when its design and program contributes to the larger urban framework.

It is important that development be regulated so that it supports the public health, safety, and welfare of a neighborhood, though this can be difficult to achieve today given the pressures facing the public sector due to rising social services needs and decreasing tax bases. Private developers often have leverage in these cases, which can lead to some unhealthy compromises that negatively affect our built environment. It is possible for development to be over-regulated, which often discourages investors from investing in particular cities. Philadelphia is often seen as a city that has outdated local controls, which in turn delays the development approval process. However, the re-zoning process currently underway by the Zoning Code Commission should go a long way in addressing this.  The goal is to set standards that encourage a balance of public good and private development.

UPCOMING EVENTS IN REAL ESTATE DEVELOPMENT

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