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By John McDevitt
PHILADELPHIA (CBS) In the interest of public safety, a plan to save four historic buildings was scrapped after engineers determined they were beyond structural repair. Demolition of seven structures is now set to get underway to make room for a $20-million mix-use apartment complex at 3rd and Market Streets in Old City.
Large cracks found in walls of the historic buildings trying to be saved had L&I deeming them imminently dangerous.
Those four, along with three others already in the demo plans, will all come down.
The previous plan that was approved by all levels of city government called for demolishing three of the seven buildings that sit on these tax parcels, said developer Leo Addimando with Alterra Property Group. We consolidated everything into one tax parcel 259 Market (Street) and we are now in the process of going through the paper work with L&I to amend the zoning to reflect demolition of all seven buildings.
Addimando said he expects that in about one month the entire site will be down to the foundation walls.
The project, complete with nearly 60 apartment units and a chain drug store, is expected to be finished in a little more than one year.
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Demolition Set To Get Underway In Old City To Make Room ...
Members of the National Association of Home Builders (NAHB) elected four Senior Officers to top leadership positions within the federation during the association's International Builders' Show in Las Vegas.
With more than 800 affiliated state and local home builders associations and more than 140,000 members across the country, NAHB represents the interests of the nation's housing professionals through advocacy, education and research.
Taking the helm as NAHB's Chairman of the Board this year is Kevin Kelly, a Delaware builder and developer with more than 30 years of experience in the housing industry. Kelly is president of Leon N. Weiner & Associates, Inc. and is a successful builder and developer with several decades of experience in land development, multifamily and single-family home building, and property management.
"To further advance the housing recovery, NAHB will work with the Administration and with Republican and Democratic congressional leaders to promote pro-housing policies that will spur job and economic growth, promote homeownership and provide rental housing opportunities," said Kelly.
Also moving up on the association's leadership ladder during NAHB's Las Vegas board meeting was Tom Woods, a Blue Springs, Mo.-based home builder with more than 40 years of experience in the home building industry. He was elected as the 2014 First Vice Chairman of the Board. Woods is president of Woods Custom Homes. He has developed scores of communities and more than 1,000 homes in the Greater Kansas City area.
Ed Brady, a Bloomington, Ill.-based home builder, was elected as the 2014 Second Vice Chairman of the Board. Brady is president of Brady Homes, a company founded in 1964 by his father, William Brady Sr. One of the largest home building firms in central Illinois, Brady Homes has developed 20 residential communities throughout the state, building more than 1,800 single-family homes, 2,000 apartment units and more than 100,000 square feet of light commercial property.
Granger MacDonald, a Kerrville, Texas-based builder and developer with 40 years of experience in the home building industry, joined the NAHB leadership ladder with his election as the Third Vice Chairman of the Board. MacDonald is president of the MacDonald Companies, a diverse development, construction, and management enterprise with more than 35 neighborhoods completed throughout Texas.
2013 NAHB Chairman Rick Judson, from Charlotte, N.C., remains on the leadership ladder as Immediate Past Chairman. Judson is the owner of Evergreen Development Group in Charlotte, and is a successful builder and developer with several decades of experience in land development and construction of single-family, multifamily and commercial projects.
Rounding out the association's leadership is NAHB Chief Executive Officer Jerry Howard, from Washington, D.C. Howard heads up a professional staff of more than 230 working out of the National Housing Center in Washington. He has served as the association's CEO/EVP since February of 2001. Previously, Howard was NAHB's chief tax counsel.
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Nation's Home Builders Elect Leadership for 2014
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