The UA Riverview Plaza movie theater in Pennsport, South Philadelphia is expected to receive a $12 million renovation starting Spring of this year. This is the beginning of a larger plan by Cedar Realty Trust to transform the aging Riverview Plaza strip mall in South Philly into a waterfront row of luxury apartments, retail shops, and lively restaurants, anchored by the center’s soon-to-be-transformed movie theater.
The real estate trust plans to redevelop the center over 7 to 10 years in three phases. The first two phases will consist of about 260 apartments and 125,000 square feet of retail. The redevelopment will start at the shopping center, which spans the western side of South Columbus Boulevard, from Washington Avenue to Dickinson Street, in the city’s Pennsport neighborhood.
These plans come amidst the beginning construction of stadium district’s South Philadelphia Live Casino, soon to be opened at 900 Packer Ave. It is to be expected that major projects and developments in far South Philadelphia will erupt in the next few years and enliven the neighborhoods with new restaurants, entertainment, and nightlife.
Riverview proposal plans and photos can be found on Philly.com.