William Penn Foundation Donates Another $5 Million For Waterfront Projects
By Paul Kurtz
PHILADELPHIA (CBS) -- The Delaware River Waterfront Commission will continue building public access infrastructure thanks to an injection of $5 million in funds from a local philanthropy.
Three years ago the William Penn Foundation helped the DRWC jumpstart its so-called "master plan" for the city's riverfront with a $5-million grant.
Since then numerous development projects have been completed, including Washington Avenue Green and the Race Street Pier, which is where Mayor Nutter announced the awarding of a second $5-million foundation grant.
"These new funds will allow DRWC to continue the work of the last four years, creating a vibrant public space for Philadelphia, residents, and visitors, and all who come here on the central Delaware waterfront," he said.
The grant will allow work to continue on such projects as the Delaware River Trail, between Washington Avenue and Spring Garden Street; a park at Pier 68, in Pennsport; and connector street amenities on Tasker Street.
Supporters say these ambitious public infrastructure developments will spur private sector investment.
