Upper Darby Market Street Gateway Upper Darby Township, PA

The Market Street Gateway Redevelopment Project was created by Upper Darby Township, Millbourne Borough, and Delaware County to revitalize the community by improving pedestrian and vehicular access along the corridor and positioning the area for private development. By enhancing the look of the area, the project’s goal was to encourage existing businesses to expand, and to attract new businesses and housing developments, creating jobs and improving the communities for all citizens. In addition to performing public improvements to the streetscape (including medians, ornamental lighting, improved roadway and pedestrian lighting, planters, and flagpoles), the project identified seven parcels along the corridor to be offered for private development.

AthenianRazak was engaged by Upper Darby Township to provide feasibility and advisory services in connection with the project, including real estate expert consultation in the positioning of the project for public funding and developer interest, along with management of the developer requests for qualifications and proposals process. Working in tandem with economic consultants, we helped devise a market-based approach to soliciting developer interest, developed the Request for Proposals packages for distribution to the developer community, managed the solicitation and developer selection process, and advised the Township on public and private real estate finance issues, project phasing, developer selection, and agreement drafting.