Sims announces $6.5 million in redevelopment funding for Center City Philadelphia
HARRISBURG, Dec. 3 – State Rep. Brian Sims, D-Phila., today announced $6.5 million in state grants were awarded to Philadelphia for redevelopment projects.
The Community College of Philadelphia was awarded $3 million, the Academy of Music, Inc was awarded $1.5 million and the Curtis Institute of Music was awarded $2 million. The funds will be used for infrastructure improvements and updates to buildings in Center City Philadelphia.
Sims said funding, awarded through the Redevelopment Assistance Capital Program, will help prominent cultural and educational institutions increase the sustainability and safety of their historic buildings.
“These institutions are three of the biggest drivers of higher education and arts and culture programming in the region,” Sims said. “Our strategic investments ensure that their work may continue to bolster our local and regional economy.”
Community College of Philadelphia will be updating the Winnet Building, Athletics Center and the historic Mint Building.
Academy of Music, Inc will be restoring the building’s roof, cornice and gutters, while improving safety for future roof maintenance.
Curtis Institute of Music will be improving the building’s energy efficiency, accessibility and life safety through various system and structural upgrades.
RACP projects are authorized in the Redevelopment Assistance section of a Capital Budget Itemization Act, have a regional or multi-jurisdictional impact, and generate substantial increases or maintain current levels of employment, tax revenue or other measures of economic activity.