Quote:
Originally Posted by TK2001
Hoping for another year like 2020 (except for a worldwide pandemic), when we had a massive surge or high rise developments. Crazy how that happened during the pandemic, yet flash forward to three years later and most of those projects are built or under construction now
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TBH, I don't think we'll see any big flashy proposals this year. With the interest rate environment, my assumption is that we'll see what's already in the pipeline come to fruition and hopefully everything (at least in terms of residential) will lease up and have low enough vacancy so that when rates come down, it kicks off a fresh round of proposals.
On top of that, hoping for some movement/resolution on:
1. Roosevelt Blvd Subway
2. Bellweather District (I believe first few buildings are kicking off this year...will be nice to see something tangible on the site)
3. 76ers Arena
4. Perhaps a few hotels in preparation for World Cup
Hopefully we also have a mayor installed that actually gives a sh*t and works hard to make QOL improvements, particularly around cleanliness and Kensington, generally.