VC Impact Project - Sears LLC
Development - Request for Proposals: ten affordabl
9 properties · Council District 2 · VC Impact Project - Sears LLC
What is missing from the record
Steps with no date on record, or that the record shows were stopped. A step that is not on record may still have happened.
- Council approval of the dispositionMissing from our records
No Council resolution naming these properties was found
Who could answer: Q-council lot-chain gaps
- Deed into the Land BankMissing from our records
No recorded deed into the Land Bank in the transfer data
Who could answer: Land Bank staff
Where this project stands
Five steps, from the Board agenda to the closing. A disposition is the sale or transfer of a Land Bank property. The Council step is City Council's approval of the sale, which comes after the Board's approval.
- 1. On a Board agendaDoneJun 14, 2022
- 2. Board approvalDoneJul 12, 2022
- 3. Council approval of the dispositionMissing from our recordsno date on record
- 4. Deed into the Land BankMissing from our recordsno date on record
- 5. ClosingDoneSep 13, 2024
Board hearings
One row for each Board hearing where this project was on the agenda. Fewer than six approving votes means no decision was reached; it is not a denial. Speakers and letters are public comments on the item.
| Date | Agenda item | Outcome | Vote as recorded | Public speakers | Letters |
|---|---|---|---|---|---|
| Jun 14, 2022 | 4.A | Tabled | not stated | 0 | 0 |
| Jul 12, 2022 | VII.B.1 | Approved | unanimous | 0 | 0 |
City Council
City Council resolutions that name this project's properties, from Council's Legistar records. Earlier resolutions often moved the lots into the Land Bank; they are not Council's approval of this sale (step 3 above).
People and organizations
- Applicant
- VC Impact Project - Sears LLC
- Council resolutions naming these properties, sponsored by
- Kenyatta Johnson (resolutions 220198, 220394)
From the record
Passages quoted from the Board's minutes, packets and transcripts. 5 of 5 shown.
… 4 Property Dispositions 4.A. Development – Request for Proposals Ms. Fadullon stated that the proposed disposition of 2609-27 Sears Street (including 1308-14 S. 26th Street) was tabled and would be considered at a future Board meeting. 4.B. Side/Rear Yard • 6131 Baynton Street – Leah Koontz (CD 8) Mr. Lawrence asked the Board to authorize the disposition of 6131 Baynton Street as a side/rear yard. Evidence of project has been provided, and the applicant is compliant and in good standing with the City of Philadelphia. The property will not be subject to an Economic Opportunity Plan but will b…
Minutes · Jun 14, 2022, item 4.A · packet p. 6 · PLB Board Package for 7.12.2022 Board Meeting.pdf
Agenda · Jun 14, 2022, item 4.A · packet p. 1 · PLB Board Package for 6.14.2022 Board Meeting.pdf
… Ms. Gonzalez left the meeting at this time. Item VII.B.1. Mr. Lawrence asked the Board to approve the disposition of 2609-27 Sears Street (including 1308-14 N. 10th Street) in the 2nd Council District to VC Impact Project – Sears LLC for the development of 10 affordable homes that will be sold to households with incomes at or below 80% AMI. The homes will have a maximum sales price of $230,000. Applications were solicited via a Request for Proposals for the properties, and the applicant was the most qualified bidder for the properties. The developer will purchase the properties for $1,500.…
Minutes · Jul 12, 2022, item VII.B.1 · packet p. 12 · PLB Board Package for 8.9.2022 Board Meeting.pdf
Agenda · Jul 12, 2022, item VII.B.1 · packet p. 2 · PLB Board Package for 7.12.2022 Board Meeting.pdf
Exhibit G). C. Affordable Housing (Request for Proposals) Mr. Lawrence asked the Board to authorize the disposition of 2609-27 Sears Street (including the former 1308-14 S. 26th Street) in the 2nd Council District to Civetta Property Group LLC for the development of twelve (12) single-family affordable homeownership units that will be sold to households with incomes at or below 80% AMI. Applications were solicited via a Request for Proposals for affordable housing development at or below 100% AMI, and the applicant was the most qualified bidder for the properties. PLB Board of Directors DRAFT…
Minutes · Sep 12, 2023, item V.C · packet p. 7 · PLB Board Package for 10.10.2023 Board Meeting.pdf
Properties (9)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 2609 SEARS ST | 362000054 | Closed | not on record | Sep 13, 2024 | none found |
| 2611 SEARS ST | 362000055 | Closed | not on record | Sep 13, 2024 | none found |
| 2613 SEARS ST | 362000056 | Closed | not on record | Sep 13, 2024 | none found |
| 2615 SEARS ST | 362000057 | Closed | not on record | Sep 13, 2024 | none found |
| 2617 SEARS ST | 362000058 | Closed | not on record | Sep 13, 2024 | none found |
| 2619 SEARS ST | 362000059 | Closed | not on record | Sep 13, 2024 | none found |
| 2621 SEARS ST | 362000060 | Closed | not on record | Sep 13, 2024 | none found |
| 2623 SEARS ST | 362000061 | Closed | not on record | Sep 13, 2024 | none found |
| 2625 SEARS ST | 362000062 | Closed | not on record | Sep 13, 2024 | none found |
Sources: Board minutes and packets; Council (Legistar). Built from the Land Bank Board's minutes, packets and transcripts, the Land Bank's settlement workbook, and City Council records.