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Comments
by
Michael Greenblatt, Partner
Canus Corporation
Canus
Corporation was a general partner in the development of Lehigh Park
Center. [In December 2001, the partnership interest was sold to a community
development corporation, Hispanic Association of Contractors and Enterprises
(HACE)]. Our participation began in 1989, when we responded to a "request
for proposal" from St. Christopher's Hospital for Children. The
hospital was in the process of moving to a new location, because of
concerns about crime in the surrounding neighborhood, a need for closer
staff parking, and the desire to remain competitive by building a more
modern facility. Community members and representatives of the hospital
worked together to make sure that ideas for redeveloping the site were
in sync with the interests of the neighborhood.
We took title in 1990 and immediately sold some of the parcels to community
groups for their use, including 17 rowhouses that were rehabilitated
by HACE. The vacant hospital complex was leased back to St. Christopher's
for a two-year period, during which time the hospital maintained all
the carrying costs. We made development plans in three phases, which
caused some difficulty in finding investors, who typically prefer to
see the full picture. Finding new uses for the six largest buildings
was challenging: each one was different from the other and none had a
layout that could easily be converted to residential use. Initially,
one of the buildings was scheduled to be a nursing home, but when state
requirements proved too stringent, we switched to creating 29 low-income
apartments.
When we first started to build, we used 24-hour-a-day guards to protect
the site, and even then, there were still problems with crime. Today,
the stabilization provided by the redeveloped complex has been monumental.
The community has benefited from the residential units and the early-learning
center. Spin-offs from the main project include the creation of an art
center and the rebirth of a local park [Fairhill Square].
Lehigh Park Center
stands right in the heart of a vibrant Latino community, with a functioning
retail district. Had we not become involved in this
project, or not been able to reach completion, I fear the neighborhood
might not have been turned around. Instead of becoming a huge vacant
nightmare, the old St. Christopher's site became a success story and
a model for future development.
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