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Penn's Landing may soon be home to 250 new apartments.
Varenhorst's new tower, One Water Street, won't be part of the Delaware River Waterfront Corporation's master plan which calls for similar, albeit shorter, development on Penn's Landing.
The new building would stand just north of the Ben Franklin Bridge at 230 N. Columbus Blvd.
An exciting midrise residential development has been proposed for the surface parking lot at 1900 Arch, directly across the street from the lot that could have been home to the country's tallest building.
It will be interesting to see what residents at the Kennedy House have to say about this if it breaks ground. At 162 feet it isn't as tall as the Kennedy House, and the project has been tiered as not to block the views of its neighbor. Still, as history shows, many of the residents in the co-op next door don't offer the most logical arguments against neighboring development, yet they somehow manage to halt a lot of progress.
The 14 storey mixed use project will top two storeys of parking, as well as contain 26,000 square feet of retail and office space.
Varenhorst designed the property.
