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City 'stands ready' to work with bank that owns Divine Lorraine and responsible developer

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The Divine Lorraine, that heartbreak hotel, looms large over North Broad Street and the city's plans for that critical thoroughfare. 
 
In recent weeks, there has been a fire, high-profile activity by the city to seal the decaying structure, an all-too-feasible parody that reported its imminent demolition and several front-page articles reporting various possible redevelopment proposals. All since Mayor Nutter in a February address to the Greater Philadelphia Chamber of Commerce, singled out the property as "an historical monument and a keystone to our redevelopment of North Philadelphia."
 
Alan Greenberger, the deputy mayor for planning and economic development, told Flying Kite that he thinks the most likely use will be residential/hotel. But the city stands ready to work with the bank that owns it and any responsible developer, he says. Calling it a "13-story billboard for blight," Greenberger adds, "no matter what good comes on North Broad, it’s not going to happen till that building gets done."
 
Stay tuned.

Source: Alan Greenberger, City of Philadelphia
Writer: Elise Vider
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