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  #1561  
Old Posted Feb 25, 2014, 12:44 AM
Flyers2001 Flyers2001 is offline
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Originally Posted by Liam View Post
1) The report deals with the period from 1970 to 2010. There have been many, many ups and downs during that period.

2) The people renting luxury apartments and buying condos in highrises are not what most folks would consider "middle class". Pew's definition ($41K to $123K in 2010 dollars) includes a lot of folks not in that market.

3) There is a lot of city outside the growing ring of new apartment highrises and $400K townhomes. The Northeast and Northwest continue to decline in population, with the only influxes coming from intercity neighborhoods and new immigrant populations - with many folks below that Pew definition.
The study ended in 2010, about the same time Population started to rise once again in the city. Philadelphia is poised to continue to rebound well after the latest recession, because of companies like Comcast, 5 below, urban outfitters who all have recently expanded and kept their business in the city. Also the city Universities esp. Drexel and UPenn seem to be ahead of the curve in expansion.
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  #1562  
Old Posted Feb 25, 2014, 1:33 AM
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CentralGrad258 CentralGrad258 is offline
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Originally Posted by Flyers2001 View Post
The study ended in 2010, about the same time Population started to rise once again in the city. Philadelphia is poised to continue to rebound well after the latest recession, because of companies like Comcast, 5 below, urban outfitters who all have recently expanded and kept their business in the city. Also the city Universities esp. Drexel and UPenn seem to be ahead of the curve in expansion.
If you compare 2010 to 1970, then it looks pretty bleak. But if you look at the internal data and compare 2010 to 2000, you'll see a city that has bottomed out demographically and is starting to rebound. To gain residents, stabilize the middle class, reduce the lower class population and add some rich people at the end of the worst recession in 60 years is actually a pretty good sign. And I think those trends have only accelerated in the last 3+ years.

Also, let's not forget that the middle class is basically smaller everywhere, it's just the way things are now.
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  #1563  
Old Posted Feb 25, 2014, 2:04 AM
ILovePhilly ILovePhilly is offline
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2013 county census estimates will be available in May (blasted shutdown, it should have been March like last year) and we can see if the city's growth still has energy.
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  #1564  
Old Posted Feb 25, 2014, 3:23 AM
allovertown allovertown is offline
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Originally Posted by CentralGrad258 View Post
If you compare 2010 to 1970, then it looks pretty bleak. But if you look at the internal data and compare 2010 to 2000, you'll see a city that has bottomed out demographically and is starting to rebound. To gain residents, stabilize the middle class, reduce the lower class population and add some rich people at the end of the worst recession in 60 years is actually a pretty good sign. And I think those trends have only accelerated in the last 3+ years.

Also, let's not forget that the middle class is basically smaller everywhere, it's just the way things are now.
Yes the doom and gloom just doesn't make any sense. The story is on the front page of Philly.com with the title "Alarming Decline in Philly's Middle Class." Which really is just absurd because it makes it seem as though there is some shocking ongoing decline but the stats simply do not back this up.

The stats show that this decline occurred between 1970 and 2000. Which is not recent... nor is really news. I mean who here in the Philadelphia area does not know that Philly endured some really tough decades in the later portion of the 20th century?

From 1970 to 2000, the middle class in Philly went from 59% to only 43% and lower class households increased from 30% to 49%. Since then however? The middle class did continue to decline 1%, but in contrast lower class decreased for the first time in decades and fell 2% while Upper class rose 2%. So really the most recent news tells us that Middle and Upper Class households are actually on the rise in recent Philadelphia's history.

Philly.com is terrible, such a sensationalist site with awful journalistic standards.
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  #1565  
Old Posted Feb 25, 2014, 4:03 AM
Jelly Roll Jelly Roll is offline
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Quote:
Originally Posted by CentralGrad258 View Post
If you compare 2010 to 1970, then it looks pretty bleak. But if you look at the internal data and compare 2010 to 2000, you'll see a city that has bottomed out demographically and is starting to rebound. To gain residents, stabilize the middle class, reduce the lower class population and add some rich people at the end of the worst recession in 60 years is actually a pretty good sign. And I think those trends have only accelerated in the last 3+ years.

Also, let's not forget that the middle class is basically smaller everywhere, it's just the way things are now.
I agree. I think it is also important to note that compared to the metro region there is a very big opportunity to grow upper class residents. It makes sense that we are seeing a boom in apartment and soon condo buildings. Looking at the data most of the people moving into these apartments would be considered upper class. Getting upper class from 10% to 15% similar to Chicago, Boston, DC, LA, and NYC would be huge for the city. I think we are currently seeing this with all the new construction in
Center City.
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  #1566  
Old Posted Feb 25, 2014, 6:47 AM
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Philadelphia is Poised to Become the Silicon Valley of Health Care Innovation

Read more at http://www.philly.com/philly/blogs/field...Care-innovation.html#S8KJF8JhBlz56hYq.99
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  #1567  
Old Posted Feb 25, 2014, 6:57 AM
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  #1568  
Old Posted Feb 25, 2014, 1:34 PM
PhiLaw PhiLaw is offline
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"New CHOP Tower Renderings Just Released"

I believe some of these were posted before but here they are.

http://philly.curbed.com/archives/2014/0...s-new-schuylkill-park-will-look-like.php
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  #1569  
Old Posted Feb 25, 2014, 1:37 PM
PhiLaw PhiLaw is offline
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Art Institute Student Housing to Become "Super Luxury Apartments."

Is that like double secret luxury?

http://philly.curbed.com/archives/2014/0...ng-to-become-super-luxury-apartments.php
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  #1570  
Old Posted Feb 25, 2014, 2:47 PM
skyscraper skyscraper is offline
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Inga

This is refreshing. Here is a review by Inga of the MOMA expansion / demolition of the Folk Art museum. We are all used to her bashing Philadelphia architecture, but here she bashes something from New York, which I think is a first for her.
From Friday's Architect's Newspaper:
http://www.archpaper.com/news/articles.asp?id=7116
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  #1571  
Old Posted Feb 25, 2014, 3:33 PM
VikingDutchman VikingDutchman is offline
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Quote:
Yes the doom and gloom just doesn't make any sense. The story is on the front page of Philly.com with the title "Alarming Decline in Philly's Middle Class." Which really is just absurd because it makes it seem as though there is some shocking ongoing decline but the stats simply do not back this up.

The stats show that this decline occurred between 1970 and 2000. Which is not recent... nor is really news. I mean who here in the Philadelphia area does not know that Philly endured some really tough decades in the later portion of the 20th century?

From 1970 to 2000, the middle class in Philly went from 59% to only 43% and lower class households increased from 30% to 49%. Since then however? The middle class did continue to decline 1%, but in contrast lower class decreased for the first time in decades and fell 2% while Upper class rose 2%. So really the most recent news tells us that Middle and Upper Class households are actually on the rise in recent Philadelphia's history.

Philly.com is terrible, such a sensationalist site with awful journalistic standards.
I actually saw the Pew report highlighted on a bunch of other sites under headlines like "Philly Middle Class Stabilizes" before seeing the Philly.com version. They really are terrible.
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  #1572  
Old Posted Feb 25, 2014, 5:20 PM
Londonee Londonee is offline
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Quote:
Originally Posted by Liam View Post
2) The people renting luxury apartments and buying condos in highrises are not what most folks would consider "middle class". Pew's definition ($41K to $123K in 2010 dollars) includes a lot of folks not in that market.
Did they explain how they determined their version of "middle class" - b/c the $123k is household income, not per capita, and that's ridiculously low. So, a married couple earning $65k each is considered "upper class" according to this study? That's a joke.
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  #1573  
Old Posted Feb 25, 2014, 5:22 PM
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PHL10 PHL10 is offline
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Wait. So Philadelphia has lost a lot of it's middle class since 1970??? No way!

It is pathetic how Philly.com spins these stories.
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  #1574  
Old Posted Feb 25, 2014, 7:14 PM
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relnahe relnahe is offline
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Originally Posted by VikingDutchman View Post
I actually saw the Pew report highlighted on a bunch of other sites under headlines like "Philly Middle Class Stabilizes" before seeing the Philly.com version. They really are terrible.
I've messaged some of the writers there but have never got a proper response. It is pretty sad that they consider it journalism.
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  #1575  
Old Posted Feb 25, 2014, 8:50 PM
theSisko theSisko is offline
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Back to the drawing board for Brickstone Realty for Lits Building

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  #1576  
Old Posted Feb 25, 2014, 9:01 PM
Philly Fan Philly Fan is offline
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This is great news! As mentioned in the article, they were successful in visually separating the tower from the Lit Brothers building facade--especially from the street-level view, where it really counts--but that doesn't mean that the tower has to be numbingly bland from more distant views.

I look forward to seeing what they come up with next.
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  #1577  
Old Posted Feb 25, 2014, 9:06 PM
McBane McBane is offline
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Still clinging to our boring Quaker roots, aye? Even with a complete redesign, the tower will still sit back from the Lit Bros (Commission supported that), which to me is such a strange concept. I would have much rather had something like the Hurst building in NY, something that's not afraid to say, HERE I AM!!!!!!!!!!!

Seems like half the time, any building over 4 stories either has a red brick base or some other design element intended to make it "blend in", "disappear", or "minimize its impact." And it's sad when a developer brings this attitude to the table (as they did here) because it's expected - that anything slightly controversial, sexy, modern, sleek, or boisterous will be met with contempt and horror.
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  #1578  
Old Posted Feb 25, 2014, 9:49 PM
Philly Fan Philly Fan is offline
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Still clinging to our boring Quaker roots, aye? Even with a complete redesign, the tower will still sit back from the Lit Bros (Commission supported that), which to me is such a strange concept. I would have much rather had something like the Hurst building in NY, something that's not afraid to say, HERE I AM!!!!!!!!!!!

Seems like half the time, any building over 4 stories either has a red brick base or some other design element intended to make it "blend in", "disappear", or "minimize its impact." And it's sad when a developer brings this attitude to the table (as they did here) because it's expected - that anything slightly controversial, sexy, modern, sleek, or boisterous will be met with contempt and horror.
Don't forget that this is a historically certified facade (e.g., it's on the National Register of Historic Places). So in this case, it's not just a matter of Philadelphia--or Quaker--architectural modesty or blandness. And given the historic significance of the Lit Brothers facade, it's encouraging that both the Preservation Alliance AND the Historic Commission both criticized the tower design for being too bland. Remember that their primary mandate is historic preservation and historically sympathetic design, and not architecturally exciting design, and it's great to see that they are raising the bar for the aesthetics of the tower, notwithstanding that they find its setback from the street would visually separate it from the Lit Brothers facade.
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  #1579  
Old Posted Feb 25, 2014, 10:55 PM
pablo16 pablo16 is offline
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Positive effect of Comcast announcement already starting?

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Originally Posted by summersm343 View Post
Toll Brothers planning two highrise condo towers, one at 19th and Walnut and one at 5th and Walnut. 19th and Walnut could be over 600 feet and will include a hotel as well.
This looks to me like the first evidence of a ripple effect from the Comcast CTIC announcement. (A short walk from Rittenhouse to Comcast.) Let's hope there's much more to come.
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  #1580  
Old Posted Feb 26, 2014, 12:21 AM
Pennsgrant Pennsgrant is offline
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Originally Posted by pablo16 View Post
This looks to me like the first evidence of a ripple effect from the Comcast CTIC announcement. (A short walk from Rittenhouse to Comcast.) Let's hope there's much more to come.
Though Toll Brothers has been linked to the 19th +Walnut site long before the recent Comcast news.



Beer Garden Independence Mall

"Chef/restaurateur Michael Schulson has secured a deal with the owners of One South Independence Mall West - the landmark Rohm & Haas building and now the home of Dow Chemical at Sixth and Market Streets - to create an outdoor beer garden across from the Liberty Bell."
Read more at http://www.philly.com/philly/blogs/the-i...ependence-Mall-.html#Upy56pf6ZeBZrhAM.99
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