A Wealth of Development Opportunities Arise if Philadelphia’s Hahnemann Hospital Closes

Hahnemann University Hospital in Philadelphia has filed for bankruptcy and faces possible closure. If the medical campus closes, there are obvious concerns about serving the community’s health needs, as well as the loss of jobs of those who work there. But according to the Philadelphia Inquirer, the seven medical buildings and parking garage that take up over nearly six acres on Broad Street along the Vine Street Expressway could become one of the “most enticing-if challenging” development sites the city has seen in years.

The age and condition of the buildings make it difficult to modernize to continue its use as a hospital. But the site sits between Center City and Broad Street making it a “gateway” location for redevelopment should that inevitably happen. At this point, there is no consensus of what kind of development it would be or if it would encompass the entire site or pieces of it.

Should redevelopment happen, it won’t be the first hospital site in the city to be redeveloped and re-imagined. The former Mt. Sinai Hospital at 400 Reed Street was turned into nearly 100 luxury townhomes with “pocket parks” and pedestrian walkways configured into the buildings’ layout. Southwark on Reed became the fastest selling townhome project in Philadelphia to date. And St. Joseph’s Hospital’s transformation into a mixed-use site with 88 apartments, The Civic Apartments, is nearing completion.

But Hahnemann’s future at this point is unknown. The president of the Center City District Business Association, Paul Levy, told the Inquirer that while his group hopes to keep the services and employment from the hospital if it closes, but there would be a huge, new opportunity for the city.

“The top priority is to preserve the medical services and jobs the hospital represents,” Levy said. “If, unfortunately, it was impossible to save them…it could create a whole new zone in the city.”

RELATED STORIES:

Bernie Sanders Holds a Rally Against Hospital Closure, abc Action News Philadelphia.

 

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