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    Bridgeman's View Tower in the SkyscraperPage Database

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  #161  
Old Posted Apr 2, 2008, 1:13 PM
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Quote:
Originally Posted by weatherguru18 View Post
Hmmm, who knew. As many times as I've been there, I could have sworn it was Franklin. Better get my facts right shouldn't I?
Don't feel bad. I'll bet there are many citizens who don't know it's William Penn on top of City Hall and not Franklin.
     
     
  #162  
Old Posted Apr 9, 2008, 3:05 PM
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Officially "on hold"

Developing Situations: Wave of projects slows on waterfront

by solomon d. leach / metro philadelphia


APR 9, 2008

NORTHERN LIBERTIES. Another high-rise development approved for the Delaware River has been delayed thanks to the housing slowdown.

Developers for Bridgeman’s View, a 66-story residential tower which was expected to break ground last November, said the mixed-use project has been put on hold given the credit crunch and market conditions.

“It’s still moving ahead. It’s not a dead deal,” said developer Ryan Roberts, who is working with Marc Stein on the high-rise. “It’s going to be a great project for Philadelphia and Northern Liberties.”

Bridgeman’s View was proposed in winter 2006 as the highest residential building in the city at 950 feet, to include a boutique hotel, more than 700 condos and two floors of retail on Delaware Avenue. It aimed to give nearby residents a major retail outlet on the other side of I-95.

However, the waterfront has recently become more crowded with the approval of Donald Trump’s 225-condo project. Meanwhile, condo sales in the area declined more than 50 percent in the second half of last year compared to the first half of 2007.

“Getting financing for construction of a new condominium right now is tougher than seeing God,” said local developer and condo expert Alan Domb. “The market has to get healthier in all of Center City before the waterfront recovers.”

Roberts said there is no new timetable for breaking ground. He also said the company’s Stamper Square development for the Society Hill section would not be affected.

“It’s full steam ahead as well,” he said.

http://philly.metro.us/metro/local/a...ont/12193.html
     
     
  #163  
Old Posted Apr 9, 2008, 3:50 PM
Pennsgrant Pennsgrant is offline
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BVT update in todays Metro

Seems to be a trend that these developers are using the soft economy as an alibi for not getting their projects off the ground.

Id have more respect for these guys if they just came out and said with misread the market. We messed up, we cant do this project.
     
     
  #164  
Old Posted Apr 9, 2008, 9:05 PM
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BVT? I like it

I hope this project doesn't completely fall by the wayside. I really liked it.
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Philadelphia transportation thread: http://forum.skyscraperpage.com/showthread.php?t=164129
     
     
  #165  
Old Posted Apr 17, 2008, 11:45 PM
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One of the greatest skyscrapers Ive ever seen. I realy hope they build it
     
     
  #166  
Old Posted May 8, 2008, 2:20 AM
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I think the main reason BV's on hold is because Bridgeman Development is currently focusing all its efforts on Stamper Square. I'm pretty sure that the only way BV won't be realized is if Bridgeman Development goes out of business--after all, it's supposed to be their signature tower.
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  #167  
Old Posted May 8, 2008, 12:26 PM
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When the casinos get built so will this.
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  #168  
Old Posted Oct 29, 2008, 6:08 PM
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This should be the 2nd tallest in Philadelphia, unless it bit the dust already.
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  #169  
Old Posted Oct 29, 2008, 6:55 PM
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This thing is dead. The property was sold at auction a month or so ago when the developer failed to pay off the loan or secure additional financing.

It's sad, as I really liked this project.
     
     
  #170  
Old Posted Nov 2, 2008, 6:43 PM
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two bad. philly would have had another large skyscraper. lets just hope the american commerce center doesnt go under.
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  #171  
Old Posted Nov 8, 2008, 11:17 PM
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This was by far my favorite proposal....that is until acc came along.
     
     
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