Quote:
Originally Posted by Knight Hospitaller
What's negligent about undertaking a renovation of the "podium" without launching a new high-rise development on the roof? Different projects with different considerations. That said, I'm not impressed with PREIT, so I'm sure the residential construction market in the Market East area will come and go before they put much thought into it. Certainly adding residents on top of retail would help the mall, but, unlike their proposals in the 'burbs, it is already in an urban environment and on top of a transit hub.
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Negligent in that the Gallery revamp was a $500M endeavor, and it's still mostly mediocre, especially the exterior, and wasted air space is just another example of that.
It is what it is at this point, I was just mentioning it for conversation.