Sims announces more than $19 million in redevelopment funding for Center City Philadelphia
HARRISBURG, Dec. 7 – State Rep. Brian Sims, D-Phila., today announced $19.2 million in state grants were awarded to Center City Philadelphia for redevelopment projects.
The projects that were awarded grants were:
- Broad St. Ministry Renovations 2: awarded $2 million.
- CP 2023 Construction, Phase 2: awarded $5 million.
- Curtis Revitalization-1726 Locust St.: awarded $2 million.
- Drexel Medical Campus at the New College Building: awarded $500,000.
- Franklin Institute Master Plan 2021: awarded $5 million.
- Magee Rehabilitation Hospital-Gaspar Outpatient Center Revitalization: awarded $1.25 million.
- Community College of Philadelphia Main Campus-Student Services Center: awarded $7.75 million.
- PA Ballet Dance Center: awarded $500,000.
“I am thrilled to announce that so many impactful projects in Center City Philadelphia have received these very competitive grants,” Sims said. “This funding is imperative in ensuring that Philadelphia remains a regional leader in academic, medical, and arts and culture advancement.”
The Redevelopment Assistance Capital Program is a grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects.
RACP projects are authorized in the Redevelopment Assistance section of a Capital Budget Itemization Act, have a regional or multi-jurisdictional impact, and generate substantial increases or maintain current levels of employment, tax revenue or other measures of economic activity.