But even with that decision and state grants in hand, the proposal stalled. Later, those plans were refined into a 140-room Marriott hotel concept under the company’s boutique “Moxy” brand, before being scrapped and replaced with the current residential plans.
CDR member Leo Addimando, managing partner of Alterra Property Group and president of the Building Industry Association of Philadelphia, a trade group, said it was important to salvage at least part of the historic site.
“Some people might bemoan the loss of this beloved boxing venue,” said Addimando. “But this is also about putting this building back into public use.”
No public comments were made during the Blue Horizon presentation, however the project will require additional review as it requires zoning variances.
CDR also voted to advance two other nearby proposals along North Broad Street.
The board approved a plan for 922 N. Broad Street that would bring 134,000 square feet of residential units and 21,760 square feet of retail to a former CVS pharmacy at Broad Street and Girard Avenue. Another housing project that won support would plant 63 housing units at 813 N. Broad Street, replacing a defunct gas station about a block away with the homes as well as 13 parking spaces.
During the latter presentations, Diane Monroe, from 14th Democratic Ward executive committee, memorialized the loss of the Blue Horizon arena.
“I went to many, many fights there,” she said. “It’s just sad to hear.”