The Master Plan for Drexel University from 2012 to the Sesquicentennial in 2041, Drexel@150, will focus on existing buildings to further four goals: optimize the use of real estate resources, create a unique identity for the campus, connect Drexel to the communities around the campus, and achieve these goals sustainably.
The 2007 Master Plan enumerated eleven specific projects, one of which was titled “Hotel and Conference Center.” The site for the complex, intended to be executed in partnership with a developer, is the northwest corner of Market & 30th Streets, directly across the street from 30th Street Station, the second busiest train station in the country:
Negotiations were in progress at the moment the economy turned down in 2008, when the market for new hotel beds and the funding for such projects evaporated. Two of the final proposals included the following elevations:
As economic conditions improve through 2011 and beyond, this site is being rethought in the larger context of developable land around 30th Street Station and the opportunity for expanding mixed-use, residential neighborhoods immediately west of the Schuylkill River.