Other details of the master plan include the development ofapproximately 180 townhomes, 225 apartment units, 42,000 sf ofretail, including an 8,000-sf restaurant, 435,000 sf of new officeand a 200,000-sf convention center. There will also be structuredparking providing 1,350 spaces, a community marina and greenways onthe 70-acre site.


The development will be next to the soon-to-be constructed20,000-seat waterfront stadium and entertainment complex. Recently,Major League Soccer awarded Philadelphia the league's 16thfranchise. The new team, which is backed by an investor group thatincludes the founding partners of the Buccini/Pollin Group, will behoused in the stadium, which is expected to be completed in 2010along with new ramps to the waterfront from Interstate 95.


The Buccini/Pollin Group first invested in Chester in 2005 withits acquisition and renovation of a former power plant on theDelaware River, which had tax advantaged status as it is in theKeystone Opportunity Zone. Today, the Wharf at Rivertown is 99%leased and home to such tenants as Wells Fargo Auto Finance,AdminServer and SIG. With this latest project, the developers willbe receiving public subsidies from the Commonwealth and aninfrastructure development grant from the Delaware River PortAuthority.

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