Waterfront Renaissance Associates’ plan to build a four-tower, residential mixed-use development at Callowhill Street and Columbus Boulevard won Planning Commission approval. WRA, an affiliate of Carl Marks Real Estate, hopes to start construction of the first, 292-foot tower in about a year. Attorney Hercules Grigos told the PCPC the project will be built in four phases, with each tower basically comprising one stage.
project will contain about 1,350 rental apartments, two gyms that the public will be allowed to join, restaurants and retail space, perhaps including a grocery store. It will seek LEED Gold certification – a measurement of environmental friendliness.
Renaissance Plaza will contain about an acre of public green space that Grigos said could be used for farmers markets or other events. A public walk will run from Front Street through the development and the green space, and Grigos said with PennDOT and city approval, the developer will pay for a signalized crossing so people can more easily walk from Front Street across Columbus Boulevard to the waterfront. WRA also intends to make improvements to Front Street from the project to Spring Garden and the El stop.