PHILADELPHIA | Bridgeman's View Tower | 915 FT / 279 M | 66 FLOORS | NEVER BUILT - Page 6

CondoGuru · #**101** Posted **Jun 13, 2007, 9:13 PM**

Quote:

Originally Posted by skellergroup

Does anybody think this building will not happen?

If groundbreaking is in Nov. should there be more activity/news at this point?

I'm not saying it's impossible, but no, I don't think this building will break ground in November. They can't break ground without construction financing, and they can't possibly have their financing without starting pre-sales...to my knowledge, none of these things has occurred. I could be wrong unless, however, they have a very large hotel contract already signed, allocating at least 50% of the buildable square footage to commercial/hotel/retail committments. But I don't think any of that has happened either; otherwise, someone here would have heard or read about it in the press. I have a lot of construction contacts and I can say I've heard nothing about this building moving forward. A shame really.

BigDan35 · #**102** Posted **Jun 14, 2007, 2:57 AM**

Quote:

Originally Posted by CondoGuru

I'm not saying it's impossible, but no, I don't think this building will break ground in November. They can't break ground without construction financing, and they can't possibly have their financing without starting pre-sales...to my knowledge, none of these things has occurred. I could be wrong unless, however, they have a very large hotel contract already signed, allocating at least 50% of the buildable square footage to commercial/hotel/retail committments. But I don't think any of that has happened either; otherwise, someone here would have heard or read about it in the press. I have a lot of construction contacts and I can say I've heard nothing about this building moving forward. A shame really.

When you say "I'm not saying it's impossible" are you referring to this building breaking ground in November? Or this building breaking ground ever?

Plompy Lfeata · #**103** Posted **Jun 14, 2007, 2:26 PM**

it would seem to me that this building definatly could get built. i mean, murano and ritz are allready under cunstruction so that means they are pretty full already, right? as far as i know there are no other major residences that are being built (except for WFS but according to their website they already are almost filled up with phase 1 and starting phase II which also has lots of tenants signed up) and leastways, WFS is not new. BMV is the only new design out there for people with lots of money. now, i could be wrong and these other projects might not be filled, but they will be filled eventually. unless more proposals come along i dont see why this wouldnt have high-demand, and therefor be built.

CondoGuru · #**104** Posted **Jun 14, 2007, 5:49 PM**

No, I want this building to get built. But a November groudbreaking seems unlikely at this point. They MUST open a sales office, pre-sell a good portion of the building to get construction financing, then they can advertise an actual groundbreaking date. Does anyone remember the MarinaView "groundbreaking?" It was nothing more than a ceremony under a tent with champagne and shovels. Hardly anybody bought there making them miss their pre-sale target, and low and behold, no construction financing, no building. The developers of BVT have to have more faith in the project, and the city before they really rally themselves and open a sales office to get this beast moving. Until that happens, all talk of a "groundbreaking" is merely speculative.

phillyskyline · #**105** Posted **Jun 18, 2007, 2:44 PM**

Quote:

Originally Posted by Plompy Lfeata

BMV is the only new design out there for people with lots of money. now, i could be wrong and these other projects might not be filled, but they will be filled eventually. unless more proposals come along i dont see why this wouldnt have high-demand, and therefor be built.

Don't forget about 10 Rittenhouse. Also the new condo's proposed at Washington & Broad & BMV's neighbors (those developers from Hoboken - can't think of the project's name right now).

Philly-Drew · #**106** Posted **Jul 8, 2007, 3:00 PM**

Wow Tower,

What an excellent angle! As you said, that would be an awesome shot in it with BVT. Now that would make an awesome rendering.

I am super excited about this project but I’m a little bit doubtful about the November timeline. I also feel that if it doesn’t start some time in 2007 it may not ever start.

We’ve seen some great renderings of both this tower and 700 Delaware towers but nothing in the ground yet.

FlyersFan118 · #**107** Posted **Jul 8, 2007, 6:46 PM**

Wow, that rendering is AWESOME. I love how it stands almost by itself out there...man, it's huge. The views from it should be awesome. Reminds me almost of Dubai how it's just standing by itself on the water with seemingly nothing around it...I mean it dwarfs WFS. It's wide too...Just a huge building.

Swinefeld · #**108** Posted **Jul 12, 2007, 11:52 AM**

From planphilly.com

BRIDGEMAN’S VIEW TOWER

Description: A 66-story condominium tower at Delaware Avenue and Poplar Street complete with a high-end retail “galleria,” parking garage, and boutique hotel.

Developer: 2945 LLC (Marc F. Stein & Ryan Roberts)

Architect: Agoos Lovera

Stats: 352 condo units starting around $700,000. Around 94,000 square feet of retail space and 97,000 square feet of office space. Also includes a 177-room hotel and 1,200-car garage.

Status: All approvals in place. Groundbreaking scheduled for August 2007.

August? What happened to November?

skellergroup · #**109** Posted **Jul 12, 2007, 2:35 PM**

Quote:

Originally Posted by Swinefeld

From planphilly.com

BRIDGEMAN’S VIEW TOWER

Description: A 66-story condominium tower at Delaware Avenue and Poplar Street complete with a high-end retail “galleria,” parking garage, and boutique hotel.

Developer: 2945 LLC (Marc F. Stein & Ryan Roberts)

Architect: Agoos Lovera

Stats: 352 condo units starting around $700,000. Around 94,000 square feet of retail space and 97,000 square feet of office space. Also includes a 177-room hotel and 1,200-car garage.

Status: All approvals in place. Groundbreaking scheduled for August 2007.

August? What happened to November?

How reliable is Planphilly.com? They sure had a lot of info on that site.
Sorry for my ignorance.

Swinefeld · #**110** Posted **Jul 12, 2007, 6:06 PM**

Quote:

Originally Posted by skellergroup

How reliable is Planphilly.com? They sure had a lot of info on that site.
Sorry for my ignorance.

Good question. I assume they're reliable but you shouldn't assume anything. I thought the November groundbreaking date sounded unreasonable. Now they say it's August. I just don't think it's possible. Planphilly is operated by PennPraxis who was put in charge of the Delaware Riverfront's overall design concept by the city.

bryson662001 · #**111** Posted **Jul 12, 2007, 7:17 PM**

According to radio real estate guru Jay Lamont, there is virtually no demand for high end residential on the Delaware riverfront at this time (unlike Center City and particularly Rittenhouse which is still hot) That is the reason that Waterfront Square is stalled and Dockside is not selling. He doesn't see any more Delaware Av projects breaking ground for the forseeable future.

BigDan35 · #**112** Posted **Jul 12, 2007, 11:07 PM**

^^ If that's true then it doesn't sound good for Bridgeman's View Tower. But I sure hope it gets built. It's such a nice looking tower.

KillerIman · #**113** Posted **Jul 12, 2007, 11:33 PM**

once again, if the casino gets built, there's a good chance the tower will get built.

Swinefeld · #**114** Posted **Jul 13, 2007, 12:43 AM**

Quote:

Originally Posted by KillerIman

once again, if the casino gets built, there's a good chance the tower will get built.

Especially since BVT will have a 177 room hotel.

Swinefeld · #**115** Posted **Jul 13, 2007, 12:46 AM**

Quote:

Originally Posted by bryson662001

According to radio real estate guru Jay Lamont, there is virtually no demand for high end residential on the Delaware riverfront at this time...

Lamont, you big dummy!

SJPhillyBoy · #**116** Posted **Jul 13, 2007, 12:27 PM**

Quote:

Originally Posted by Swinefeld

Lamont, you big dummy!

bryson662001 · #**117** Posted **Jul 13, 2007, 1:23 PM**

"Jay Lamont "All About real Estate" Host of Philadelphia's longest running real estate program, real estate educator Lamont was born into the real estate business and has a near encyclopedic knowledge of the subject, which he shares with listeners each Sunday morning, occasionally adding commentary about prominent current events. Lamont, who "can talk the balls off a brass monkey" is also the founding director (and professor emeritus) of the Temple University Real Estate Institute, which has produced some of the nation's best-known and highest producing real estate brokers and Realtors. Heard on WPEN 950 AM Sunday 10am to noon www.wpen.com"

skellergroup · #**118** Posted **Jul 19, 2007, 1:48 PM**

Hopefully with Sugarhouse getting the "ok" will keep this guy alive!!!

Plokoon11 · #**119** Posted **Jul 24, 2007, 5:36 PM**

My rendering. .

skyscraper · #**120** Posted **Jul 31, 2007, 1:24 PM**

I just saw this on the Council of Tall Buildings and Urban Habitat's website. It is being built in Kuwait, designed by SOM. Doesn't it look rather like BVT?
http://www.skyscrapernews.com/images...Tower_pic1.jpg