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Durst Selected to Develop Philly’s Penn’s Landing

On September 10, 2020

The Durst Organization of New York has been selected to redevelop Penn’s Landing, ending efforts by the Philadelphia 76ers to build themselves a new basketball arena there.

Under a $2.2 billion plan approved Wednesday by the key waterfront board, the family-run development group would put up 12 new towers of homes, shops, and offices on either side of the four-acre park being planned over Interstate 95, between Chestnut and Walnut Streets.

Read more here.

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