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Old Posted Nov 12, 2021, 5:26 PM
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summersm343 summersm343 is offline
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Join Date: Oct 2011
Location: Philadelphia
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Regardless of what people think in this group, you can't just build a highrise on spec because you want to. You have to have someone to finance it. Financial backers aren't going to back the project if they don't feel extremely confident in the project being able to lease up.

With that said, Brandywine is building 3025 JFK which has 200,000 sq ft of lab/life science/office space on the first floors of the building. The rest is residential.

Aren't they also building 3151 Market on spec which has 417,000 sq ft of office/lab/life science space???

What more do you guys want? LOL

For 3001 JFK, a 500+ foot tall tower, they're going to need an anchor tenant first.