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Originally Posted by TonyTone
Beautiful summary Jawn thank you.
What is the old farmers bank now?
Also any idea on the projects at the other side of the riverfront?
I remember them clearing land at the plot next to the Salvation Army building and also that plot being bought.
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A law firm moved into the old Farmer's Bank building fairly recently. Now if only BP Group can get the Frank Furness building at 6th/N. Market open again. A few years ago BP Group announced they would be renovating the inside to become a boutique/luxury hotel, but nothing has happened for a couple years.
BP Group bought the plot on the river next to the Sal. Army, along with that building itself. The Sal. Army is still open as of now. I guess BP Group is waiting to figure out what to do with it.
I'm a little surprised no Philly developers have made the step to build in Wilmington -- either downtown or on the Riverfront. According to BPG and Capano, all their new luxury apartments at both locations are essentially at capacity/occupied, and their monthly rent rates really aren't much cheaper than new Philly luxury apartments. I would think someone like PMC, Alterra, Hanover, etc... could scoop up a surface parking lot in downtown Wilmington for dirt cheap. The eastern side of the Riverfront is ripe for the taking as well.