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Old Posted Dec 6, 2019, 2:36 PM
New2Fishtown New2Fishtown is offline
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Quote:
Originally Posted by mcgrath618 View Post
Wait holdup. 3003 Doesn't have a permit yet. Does that mean this is coming first?
It is highly likely the shorter one comes first because of its residential component. The resi market is strong and financing is likely easier to come by, so it doesn't have the same liability or pre-leasing requirements of a fully non-residential building. I think that while they'd ideally work on them in tandem, we'll probably see a significant head start on the part of the smaller tower (with the permanent caveat of, "unless they land a significant anchor tenant we don't yet know about").
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