Developers Sought for Festival Pier Waterfront Site - NBC 10 Philadelphia

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Developers Sought for Festival Pier Waterfront Site



    Developers Sought for Festival Pier Waterfront Site
    Delaware River Waterfront Corp.
    Master Plan for the Central Delaware’s Festival Pier Rendering, showing the redevelopment of the entire 11-acre site.

    The Delaware River Waterfront Corp. is seeking to gauge the interest level in developing Festival Pier, a prime 11-acre site that juts out into the river.

    The organization has initiated a formal process to ask developers if they'd like to construct a project on the site. It's the second-largest contiguous piece of land that the public sector owns along the waterfront. Penn's Landing is the largest.

    The pier is currently used as a Live Nation concert venue but DRWC believes now is the time to explore a new use for the site that's consistent with its vision for the Delaware River waterfront. The waterfront corporation's master plan designated the property as a mixed-use development with residential and retail components along with public spaces designed so that it "feels like a natural extension of the city."

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