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April 15, 2016
Rendering of Lincoln Square proposal at Broad and Washington.
With developers' eyes fixed on Broad Street and Washington Avenue, Alterra Property Group is moving closer to a go-ahead for its mixed-use apartment complex on the west side of the intersection, across from the site where Bart Blatstein has proposed several iterations of his 32-story tower megaproject.
Lincoln Square, a $100 million proposal between Alterra and MIS Capital, features an eight-story complex with 356 apartments and 74,000 feet of retail space, including a supermarket and a public walkway joining Broad and 15th streets. The project would also preserve a 19th-century rail shed that once was a pit stop for Abraham Lincoln's body after his assassination.
Rendering of Lincoln Square proposal at Broad and Washington.
Rendering of Lincoln Square proposal at Broad and Washington.
Alterra has several other properties throughout Philadelphia, including the Avenir apartments on S. 15th Street, the Icon at 1616 Walnut Street and the Shirt Corner apartments at 3rd and Market streets.