PHILADELPHIA | Highrise Development Thread IX

[relnahe]

HOLY CRAP!

http://www.nbcphiladelphia.com/news/busi...3291.html?_osource=SocialFlowTwt_PHBrand

[Larry King]

Originally Posted by relnahe

HOLY CRAP!

http://www.nbcphiladelphia.com/news/busi...3291.html?_osource=SocialFlowTwt_PHBrand

Haha here we go

I'm excited

[ILovePhilly]

THIS IS THE ANNOUNCEMENT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
59 stories and stand 1,121 feet,
I am honestly too excited to read the rest so READ IT HERE OMG OMG OMG

BIZ JOURNAL

[ConstructStudent]

Originally Posted by ILovePhilly

THIS IS THE ANNOUNCEMENT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
59 stories and stand 1,121 feet,
I am honestly too excited to read the rest so READ IT HERE OMG OMG OMG

BIZ JOURNAL

http://www.nbcphiladelphia.com/news/busi...efine-Philadelphia-Itself-240313291.html NBC 10 has an article too!!!

[sayitaintso]

So 4 months early. I really do believe the chatter on this site caused them to delay the announcement



Also not to be a Debbie downer , but the only thing that gets this bldg. over the 1000 ft mark is a 125 foot "blade". The actual occupiable space is only 59 floors, o ne more than the current tower at 58.

[PhiLaw]

Originally Posted by Larry King

He needs a big credit worthy tenant

Who are the possibilities ?

Wal mart? Target?

Walgreens has been burned into my head when reading the excerpt. Similar to the new one on Broad and Chestnut, 3 stories, modern, stable.

I'm generally not in favor of zoning out retailers whom I least admire (e.g., Wal Mart). I wouldn't prefer a Wal Mart at this location, but if I were a stakeholder I wouldn't fight against it.

[PhiLaw]

Originally Posted by sayitaintso

So 4 months early. I really do believe the chatter on this site caused them to delay the announcement



Also not to be a Debbie downer , but the only thing that gets this bldg. over the 1000 ft mark is a 125 foot "blade". The actual occupiable space is only 59 floors, o ne more than the current tower at 58.

WOWOWOW I missed the big whopper on the threat! Great news and you are herbey redeemed my friend.

[Philly Fan]

Originally Posted by brenster

NBC 10 just reported the comcast tower, can't believe there aren't 50 post yet. Great day! 1150 feet.

It made the NY Times:

http://artsbeat.blogs.nytimes.com/2014/0...sign-comcast-tower-in-philadelphia/?_r=0

[sayitaintso]

Here:

http://www.bizjournals.com/philadelphia/...property-to-construct.html?ana=e_phil_bn

[ILovePhilly]

the governor is giving a hilarious press conference via the nbc link. I missed the beginning when Norman Foster spoke but its worth tuning in!

[CentralGrad258]

Oh it is so on!!

[Ninjawho]

Finally

Especially after the disappointment of ACC.

Hope we get a redesign tho....cuz this is butt ugly :/

[Plokoon11]

Yes!!!!!!!!

[phlm58]

Hell yea! Now we're a real city. This is awsome

[cubanChris]

Woot!

[PhiLaw]

And as some have speculated NBC and Telemundo in Bala Cynwyd are moving into the new tower. Nice consolidation.

PS - I've never noticed just how awful Tom Corbett is at giving public speeches. Sweet Allah he looks constipated.

[relnahe]

Originally Posted by ILovePhilly

the governor is giving a hilarious press conference via the nbc link. I missed the beginning when Norman Foster spoke but its worth tuning in!

His aides must have just informed him that Philadelphia is in the Commonwealth of Pennsylvania and he's racing to think of something to say.

[Plokoon11]

Now that I have collected my breath. The building is interesting, obviously I want to see a better rendering. It fits in well with the skyline however the back of it where the spire is absent its pretty plain sort of like 3WTC with the braces. But I am NOT going to complain at all, I am happy!

[sayitaintso]

The skyscraper, scheduled to be complete by the end of 2017, will house up to 4,000 Comcast employees.

“We are trying to contribute to our city in the best way we know how,” he added. “And one of those ways is employment.”

Approximately 1,500 of those workers will be new hires, while the remainder will relocate from other offices in the greater Philadelphia region and other lab spaces throughout the country and world, Roberts said.


Hey NBC New York your about to lose a couple thousand jobs from 30 Rock

[hammersklavier]

Originally Posted by Larry King

He needs a big credit worthy tenant

Who are the possibilities ?

Wal mart? Target?

Target's more likely, for a few reasons.

1. Walmart recently rebuilt its Pier 70 location, which this intersection is very definitely in the catchment of. By contrast, Target's Snyder Square location is aging and undersized and feeling it.

2. There's some retail speculation that vestigial giant A&P is seeking to divest itself of markets it does not dominate (such as Philadelphia). If this happens, our Superfreshes and Pathmarks will be put up for sale. Shop Rite is rumored to be interested in the Pier 70 Superfresh (to my detriment, btw), partly due to "structural issues" at Snyder Square.

3. (1) and (2) suggest that Snyder Square's owner may be facing a dead mall in the near future, and/or its owner is planning redevelopment...

In any event, if you're a hypermarket that has successfully anchored vertical retail, and there's potential vertical retail that offers an opportunity for divesting from decidedly inferior facilities with an iffy coanchor, would you take it? Target is holding the high cards if Blatstein's proposal is to succeed.