I agree with you mcbane. Eventhough it is an especially gloomy time right now for all real estate interests Penn is a nice chip to be holding.The thing that worries me most is that Brandywine is going through some internal turmoil and their stock got zapped pretty good, I'll feel alot better about this project if I see that stock heading upwards.
Good points. With a 2012 target date we wont see see anything rise until at least 2009, if not later. This is a great project and with Penn's backing it is likely to happen, even if it is delayed a couple of years. It looks like Brandywine is looking for a partner, probably similar to the way Liberty Property Trust operates the Comcast Center as a joint venture with Commerzbank AG.
Jerry Sweeney, President and CEO of the Brandywine Realty Trust, and developers of the Cira Center, will present their proposed mixed-use development along the Schuylkill, south of 30th Street Station. We will also have as our guest, Andy Altman, the newly appointed Deputy Mayor for Planning and Development. Please join us Thursday March 6th at 8:00 AM at Temple University Center City (1515 Market St.).
That is correct. That is the building that I heard was going to be the post-office, but I can't seem to find any official information that it is true....
Location: philadelphia -umm loft district/chinatown, i don't know what its called
Posts: 217
pics from today
here are some today...I think they are just about ready to take down the front wall judging by the barriers they are installing in the front....
this one is from today..where the building dedication plate is gone and the one below it is from a couple of weeks ago when it was there...
these are of the conversion of the old postal vehicular building being converted into a new post office i think
Location: philadelphia -umm loft district/chinatown, i don't know what its called
Posts: 217
some progress
Here are some photos from today...they have finally broken through the wall on the river side...I tried talking to one of the Demo workers...all he told me was that cira was a while away...
Yeah. He was hiding over by his name-sake street with his brain tucked under his arm, but decided to move here to make those of us, interested in what's going on with Cira Center South's development, ask questions.