The City of Philadelphia has approved the transfer of multiple surplus properties to the Philadelphia Redevelopment Authority for subsequent transfer to the Philadelphia Land Bank. This decision, made under Section 16-405 of The Philadelphia Code, is intended to facilitate the repurposing of underutilized city-owned parcels for redevelopment purposes. The properties are located across the Fourth Councilmanic District and include numerous residential and commercial lots. The move is part of the city’s ongoing efforts to streamline land reuse, encourage investment, and promote equitable development in underserved areas.
This resolution enables the strategic redevelopment of city-owned properties, opening the door for new housing, commercial spaces, and community revitalization efforts. The transfer ensures that these parcels can be efficiently repurposed in alignment with Philadelphia’s long-term planning and economic development goals.