PHILADELPHIA | Highrise Development Thread IX - Page 16

Plokoon11 · #**301** Posted **Dec 4, 2013, 9:47 PM**

I say they go 2000' or go home.

summersm343 · #**302** Posted **Dec 4, 2013, 10:52 PM**

Quote:

Originally Posted by sayitaintso

Summer does Brandywine have major plans to renovate and upgrade 1900 and retain as office?

Yes. They will renovate the building and it will be Class A office space

summersm343 · #**303** Posted **Dec 4, 2013, 10:56 PM**

Quote:

Originally Posted by Londonee

I was told that they were pursuing TopShop--i'm fairly certain that's one of the "two impact retailers" that would be "new to the Philadelphia market."

This company is two steps forward 1.5 back in everything they do. It's an old boys club where things slog along. Trust me, the August date is 🞵🞵🞵🞵🞵🞵🞵🞵--as if the entire 3 block long, $750million renovation project must lie fallow till KMart pulls out--it's just another delay tactic by a poorly run company.

If construction begins in the next 5 years I'd be satisfied--not holding my breath.

Where did you get this? This is nowhere remotely close to true. The renovation of the building will occur once the KMart leaves because the anchor tenant will take the KMart spot. It's almost certain it's going to be a Bloomingdale's. Wanna bet on it?

PREIT is a great company. They single-handedly turned around Cherry Hill and Willow Grove malls from dumpy malls to high end malls and they plan to do the same thing with the Gallery.

MikeNigh · #**304** Posted **Dec 4, 2013, 10:56 PM**

I was at a comcast conference today and they mentioned again a new facility.

They mentioned that they want to become a leader in tech at the same time they talked about investing in startups in silicon valley. Kind of sounds like they want to turn the tv into a kind of app platform and decouple tv channels from just the tv.

summersm343 · #**305** Posted **Dec 4, 2013, 10:57 PM**

Quote:

Originally Posted by McBane

What about Bloomingdales and Target (since they are pursuing two retailers)?

Hey, if Kmart leaves, CC will need another big box general store retailer.

Target to the redeveloped Girard Square block at 12th and Market. It will be a CityTarget.

summersm343 · #**306** Posted **Dec 4, 2013, 10:59 PM**

Quote:

Originally Posted by buildup

I saw in the CIS Reports that at this time construction of the W Hotel will begin in late Spring 2014 (Est. $200,000,000).

We have to suffer and wait on Comcast. We should have a pool on the height of the new tower. I'd like to see it near 1,300' with a smallish (by today's standards) 175' crown or better to beat out Chicago's Willis Building.

Yep. W Hotel likely in Spring.

It has been stated that the next building at 1800 Arch will be 200-300 feet taller than Comcast Center. So I'm saying 1,175 or 1,275 feet.

hammersklavier · #**307** Posted **Dec 4, 2013, 11:01 PM**

Quote:

Originally Posted by summersm343

Where did you get this? This is nowhere remotely close to true. The renovation of the building will occur once the KMart leaves because the anchor tenant will take the KMart spot. It's almost certain it's going to be a Bloomingdale's. Wanna bet on it?

PREIT is a great company. They single-handedly turned around Cherry Hill and Willow Grove malls from dumpy malls to high end malls and they plan to do the same thing with the Gallery.

I'll take you up on that bet. My sources say that the Bloomie's folks were looking at the BCF spot, and that PREIT wants to convert the Kmart to inline stores.

(I've also suggested before that the disused space between the Big K and the Health Partners space would be a good space for a third major anchor. Heck, they could kick HP out now and make the former Gimbels offices their own offices.)

summersm343 · #**308** Posted **Dec 4, 2013, 11:07 PM**

Quote:

Originally Posted by hammersklavier

I'll take you up on that bet. My sources say that the Bloomie's folks were looking at the BCF spot, and that PREIT wants to convert the Kmart to inline stores.

(I've also suggested before that the disused space between the Big K and the Health Partners space would be a good space for a third major anchor. Heck, they could kick HP out now and make the former Gimbels offices their own offices.)

Possible. It won't be a TopShop though. PREIT bought the Gallery with plans to turn it upscale. Either way Bloomie's will be in the Gallery. I say put Bloomie's in the current BCF spot and move BCF to the KMart spot. And agreed. There could be another Big Box anchor tenant at the Health Partners site. JCPenny's? Neiman Marcus?

Capsule F · #**309** Posted **Dec 4, 2013, 11:54 PM**

I heard Bloomingdales for 17th and Chestnut, whatever happened to that? Or was that Nordstrom rack?

summersm343 · #**310** Posted **Dec 4, 2013, 11:58 PM**

Quote:

Originally Posted by Capsule F

I heard Bloomingdales for 17th and Chestnut, whatever happened to that? Or was that Nordstrom rack?

That's Nordstrom Rack.

EastSideHBG · #**311** Posted **Dec 5, 2013, 12:00 AM**

A 'green walk' to the SEPTA station

Vernon Clark, Inquirer Staff Writer
Filed Under: North Philadelphia
Posted: Wednesday, December 4, 2013, 3:01 AM

PHILADELPHIA Aiming to turn a part of North Philadelphia into a "community of opportunity," city leaders announced the opening Tuesday of a 120-unit housing complex that has earned a national honor for energy efficiency and environmental sustainability.

At Ninth and Berks Streets, next to SEPTA's Temple University Regional Rail station, Mayor Nutter and other officials cut the ribbon on Paseo Verde, a "transportation-oriented" development.

The three-story complex, whose name translates to "green walk," runs along Ninth from Berks to Norris Street.

The $42 million complex offers affordable and market-rate apartments in a joint venture developed by the city, the nonprofit community organization Asociacion Puertorriquenos en Marcha (APM), and Jonathan Rose Companies.

"This is so exciting, because it connects the community to the region," said Nilda Ruiz, president and chief executive of APM. "So the community can walk out and take the train to the suburbs, where many of the jobs are."

Officials said Paseo Verde is the first development in the country - and only the second in the world - to earn "platinum" status in "Leadership in Energy and Environmental Design - Neighborhood Development" from the U.S. Green Building Council, a nationwide coalition of 13,000 groups and businesses.

Read more at http://www.philly.com/philly/classifieds...e_SEPTA_station.html#XjsMRXgCjWDzK7j5.99

Capsule F · #**312** Posted **Dec 5, 2013, 12:00 AM**

Excavation has started at 36th and Market, construction trailer on site. This is definitely going up, there is no way the lot would be losing out on revenue otherwise. I suppose its still a little too soon to make a construction thread for it though.

DIESELPOLO · #**313** Posted **Dec 5, 2013, 12:53 AM**

Quote:

Originally Posted by summersm343

Possible. It won't be a TopShop though. PREIT bought the Gallery with plans to turn it upscale. Either way Bloomie's will be in the Gallery. I say put Bloomie's in the current BCF spot and move BCF to the KMart spot. And agreed. There could be another Big Box anchor tenant at the Health Partners site. JCPenny's? Neiman Marcus?

Summer, you seem so sure about Bloomingdale's - that's the first I've heard about it without it seeming like pure conjecture/wishful thinking. Can the Center City market float a Bloomie's?

summersm343 · #**314** Posted **Dec 5, 2013, 1:05 AM**

Quote:

Originally Posted by DIESELPOLO

Summer, you seem so sure about Bloomingdale's - that's the first I've heard about it without it seeming like pure conjecture/wishful thinking. Can the Center City market float a Bloomie's?

Bloomingdale's has been ACTIVELY seeking spaces around Center City for quite some time. They want to be in Center City bad. They do not favor a Market East location and it took some persuading but I think they are going to finally settle on the space. The future of Market East is really bright I think. The key to Real Estate is not only selling them on the present, but the future.

I work in the industry, I hear all the news months before it hits this board and the Real Estate websites.

And yes... Undoubtedly Center City can hold at least two more high end big boxes no problem. There are nearly 100,000 people who live in Center City alone, who are all well off financially. This is not including the nearly 200,000 people in a mile radius around Center City, all the tourists, residents who commute in from the suburbs or come to Center City to shop and the students in the area.

summersm343 · #**315** Posted **Dec 5, 2013, 1:08 AM**

Quote:

Originally Posted by Capsule F

Excavation has started at 36th and Market, construction trailer on site. This is definitely going up, there is no way the lot would be losing out on revenue otherwise. I suppose its still a little too soon to make a construction thread for it though.

Yep, I noticed the same thing today.

There is already a proposal thread for it here:
http://forum.skyscraperpage.com/showthread.php?p=6363495#post6363495

As far as I know, there is no underground garage due to soil conditions on the site, so there will not be much digging for this. It can be moved to the construction forum when the first caissons are installed.

Jelly Roll · #**316** Posted **Dec 5, 2013, 1:23 AM**

Quote:

Originally Posted by summersm343

Where did you get this? This is nowhere remotely close to true. The renovation of the building will occur once the KMart leaves because the anchor tenant will take the KMart spot. It's almost certain it's going to be a Bloomingdale's. Wanna bet on it?

PREIT is a great company. They single-handedly turned around Cherry Hill and Willow Grove malls from dumpy malls to high end malls and they plan to do the same thing with the Gallery.

Cherry Hill was never a dumpy mall. Granted they did a lot of renovations and brought in new tenants four years after buying the property but the mall was still nice before that.

summersm343 · #**317** Posted **Dec 5, 2013, 1:53 AM**

Quote:

Originally Posted by Jelly Roll

Cherry Hill was never a dumpy mall. Granted they did a lot of renovations and brought in new tenants four years after buying the property but the mall was still nice before that.

Ehhh... it wasn't that great before PREIT brought in Nordstrom and the higher end stores like Michael Kors, etc. I didn't mean dumpy as in Gallery dumpy, it was just your average run-of-the-mill mall.

Flyers2001 · #**318** Posted **Dec 5, 2013, 2:29 AM**

Clarke's vision: 7 restaurants in LOVE Park

http://www.philly.com/philly/news/20131205_Clarke_s_vision__7_restaurants_in_LOVE_Park.html

Its due for a make over.

summersm343 · #**319** Posted **Dec 5, 2013, 2:35 AM**

Quote:

Originally Posted by Flyers2001

Clarke's vision: 7 restaurants in LOVE Park

http://www.philly.com/philly/news/20131205_Clarke_s_vision__7_restaurants_in_LOVE_Park.html

Its due for a make over.

Interesting. Keep the love statue. Everything else can go. Bring in some of those Center City District guys to shoo away bums as well once it is renovated.

ILovePhilly · #**320** Posted **Dec 5, 2013, 3:00 AM**

Re: Love Park
nononononononononononono no no no no no no no nonononononono

This plan includes making the "park" into a private space and "replacing" it with park space somewhere else. The park isn't working but making it into 7 restaurants is a crazy idea. There isn't enough density to support that many restaurants there, one of them would wind up being a TGIFridays, and if we think the trash produced by 20 homeless people is bad wait until they try and work out the logistics for trash disposal from 7 restaurants. And we have a Parkway view corridor for a reason.

More Franklin Square / Bryant Park - less outdoor train station cafeterium.