Update Regarding Development Plans for the Cathedral Block

 

The Archdiocese is announcing that it has formally put forward a “Request for Qualifications” (RFQ) from developers interested in pursuing this redevelopment opportunity, which envisions a ground lease of no more than 60 years. Any project would need to respect the integrity of the Cathedral and its rectory. If necessary, the Archdiocese would consider moving staff from the current property to another location in Center City within a 1-2 block radius of the Cathedral. It is anticipated that several developers will participate in the RFQ process and that the project will be put out to bid in early 2018.   The full news release is attached HERE.