Terms of the development deal are still being negotiated, and there's no estimated total cost yet, but the city has already committed to investing $50 million into the plan.
The City of Philadelphia has unveiled an ambitious plan that brings additions to the Ben Franklin Parkway.
The African American Museum of Philadelphia will join the other iconic cultural institutions that are housed along the Ben Franklin Parkway, including the Philadelphia Art Museum and the Franklin Institute. "It's always been a question of 'wow we have this museum and it's right across from a federal prison,'" said Brooks.
"We have assembled a world-class team of professionals who are uniquely qualified to execute a project of this scale and complexity in the city," said Daniel Killinger, president of National Real Estate Development, as he stood alongside Evans Charles, founder and managing principal of Frontier DevelopmentThe two companies joined forces to create the plan and secure the deal with the city.
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