By David Madden

By David Madden

PHILADELPHIA (CBS) – The latest plan to improve Penn’s Landing is one that proponents think could actually get built.

Over the years, there have been a number of ideas floated, all shot down for one reason or another. The latest proposal from the Delaware River Waterfront Corporation involves finishing a walkway and creating a park about the size of Rittenhouse Square.

Corporate President Tom Corcoran says it starts with that walkway over I-95 between Walnut and Chestnut Street.

“We work with PennDOT to complete that deck, then extend that deck from 95 over Columbus Boulevard.”

There’s about 10 acres on either side of that field to build on. A San Francisco company’s been hired to create the actual plan, and come up with a cost by year’s end.

Corcoran thinks it’ll be in the $100-$150 million range, far less than other proposals. The challenge after that is coming up with the money to pay for it.

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