URA re-releases RFP for Heppenstall site in Lawrenceville - Philadelphia Business Journal:

http://www.elearning-source.com/84/16
The URA is re-releasing a request for proposals after its previouslyuchosen developer, Urban Villages workingt with Botero Development decided not to go forwarfd with the project. Urban Villages and Botero were selecte over oneother finalist, S&A Homes, in partnershil with the Lawrenceville Corporation, a communitty nonprofit. The football field-sized parcel includes the site on whic the office building for the Heppenstallo plant once was locatedd as well as a formerwarehouse property. In a prepared mayor Luke Ravenstahl describedthe property’s redevelopment as an importany part of the city’s larger revisioning of the Allegheny riverfront.
“Wre have begun a planning process to create a visiojn for the Allegheny riverfront and reconnect our neighborhoods to our natural he said. "The Hatfield Street site is one of the greaty opportunities to see this vision come to The URA wants adeveloper “to purchase, design, developo and operate or resell the The URA’s effort comesw as the Regional Industrial Development Corporationn (RIDC) continues to redevelop the Heppenstall complezx itself. Hatfield Street is considered a dividing line betweenthe neighborhood’x residential community and its industriap zone.
As a sellinbg point, the URA notes that the median home pricr in central Lawrenceville has increased 64 percentr in the pastthree years, a growth rate it claimse is second highest in the city to the Soutyh Side. “We are excited with the real estatwe appreciation that were seeing inthe neighborhood,” said Rob Executive Director of the URA, as well as a Lawrencevilles resident. “And (we’re) very excited about the prospecft of a new residential productg and how that will add fuel tothe