$1.7 Million Grant Awarded to City Avenue Special Services District
December 4, 2019 (BALA CYNWYD, PA) A $1.7 million Commonwealth Financing Authority grant via the Multimodal Transportation Fund was recently awarded to the City Avenue Special Services District. Grant funds will be used to reconnect Presidential Boulevard to Monument Road.
Because the Target complex is not currently accessible from Presidential Boulevard, all traffic must enter and exit the complex from Monument Road. This has led to heavy congestion and numerous car accidents on Monument Road. The reconnection of Presidential Boulevard and Monument Road will improve traffic flow as well as vehicular and pedestrian safety in this highly congested area.
The project will also include the addition of lighting on Presidential Boulevard, drainage improvements, construction of a bus stop, and a new pedestrian and bicycle path along Presidential Boulevard. This path will better serve the residents of the nearby Lincoln Green Apartments, Presidential City Apartments, and guests of the Courtyard by Marriott Philadelphia City Avenue Hotel.
The estimated cost of the project is $2.7 million.
The City Avenue Special Services District is the sponsor of the project with cooperation from The City of Philadelphia and Target Corporation and with the support of State Representative Morgan B. Cephas, State Representative Mary Jo Daley, State Representative Pamela A. DeLissio, State Senator Vincent J. Hughes, State Representative Movita Johnson-Harrell, and Councilman Curtis Jones, Jr.
About the City Ave District
The City Avenue Special Services District (City Ave District) works with businesses, property owners, developers, and residents to shape the future of this important corridor. This is a unique partnership between the City of Philadelphia and the Township of Lower Merion. Spanning across Philadelphia and Lower Merion Townships in Montgomery County, the District is the first multi-jurisdictional special services or business improvement district in North America. For more information, visit www.cityave.org.