Pearl Properties, a developer and real estate company based in Philly wants to put up a new apartment building at 19th and Chestnut which would be 295 high, and encompass roughly double the square footage that current zoning would allow.
Instead of attempting to go through a lengthy variance process, Pearl Properties is looking to change the zoning code with legislation that they're drafting to present to City Council. The legislation would only change the zoning on the parcel of lots that make up the proposed site for the building.
· 26-story tower proposed for 19th and Chestnut, but zoning may stand in its way [Philadelphia Business Journal]
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