Morning Headlines: City Promises Funds for Reading Viaduct and Rail Park Project

Backing for Phase 1.

A 2012 preliminary design rendering of the Septa-owned portion of the Reading Viaduct are prepared by Studio Bryan Hanes and Urban Engineers. Photo credit:  Reading Viaduct Project.

2012 preliminary design rendering by Studio Bryan Hanes and Urban Engineers.
Photo credit: Reading Viaduct Project.

Long-time supporters of the Reading Viaduct and Rail Park project must be reeling at the latest backing the plan has received. From Philly.com:

Without fanfare, the city and the state have included millions of dollars in their latest budgets toward the first phase of the project: transforming the quarter-mile railroad “spur” that curves through the city’s burgeoning Loft District and dead-ends onto North Broad Street.

The news comes months after the Reading Viaduct Project and Friends of the Rail Park, two local organizations who’ve been pushing for development of the abandoned rail line, joined forces last October.

Elevated park on rail viaduct finally firming up [Philly.com]

Meanwhile, in other news…

Does Philly need a ‘hardship exemption’ on property taxes? [NewsWorks]

$150M to renovate two Center City apartment buildings [Philadelphia Business Journal]

Nothing Doing at Wells Meat Co. [Naked Philly]

Philadelphia’s future in the numbers [Philly.com]

Landscape of possibility [AxisPhilly]