Officials have tentatively selected a team involving the Goldenberg Group to buy and develop the South Broad Street site where a city-owned health center operated for nearly 60 years.
The deal, which requires City Council approval, would give the team near-complete control of a full city block in one of Philadelphia’s most active areas of real estate development.
The nonprofit Philadelphia Industrial Development Corp. (PIDC) is handling the property’s sale on the city’s behalf. The Blue Bell-based company was chosen through a public-solicitation process that began in mid-2017.
Goldenberg and Robert and Harvey Spear, owners of parking operator E-Z Park Inc., teamed up to bid for the property at 500 S. Broad.
The Spears own the parking lot that occupies most of the rest of the block, along with three rowhouse properties between the lot and 15th Street. Goldenberg’s holdings on the block include the now-closed World Communications Charter School building, just south of the health center.
Combining the medical center site with those existing holdings gives E-Z Park and Goldenberg a 2.5-acre development site, comprising most of the block bounded by Broad and 15th Streets between Lombard and South Streets.
Council is scheduled to take up the Goldenberg team’s selection at a hearing next week. The selection must also be approved by the board of the Philadelphia Authority for Industrial Development, a city agency managed by PIDC.