PHILADELPHIA | Highrise Development Thread IX

[sayitaintso]

Originally Posted by Kidphilly

according to this they are moving from NYC to Jersey city in 2014?

http://newyork.cbslocal.com/2014/01/15/forbes-moving-headquarters-from-nyc-to-jersey-city/

looks like about 350 employees

would love for thi and the other to see jobs to Philly but on this, maybe NJ made last minute swindle to Camden - Just seem peculiar. Forbes is such a NYC based brand - JC would make logistic sense. Philly via Camden not as much

Hope you are right say it aint - you were with CTIC

BTW (you love to put a tight time window )

edit: Maybe this is an April fools joke....

Heard directly from major player in Camden. I may be wrong about BTS b/c there simply isn't enough time, but was told the big coup with be announced next week.

[Kidphilly]

Originally Posted by sayitaintso

Heard directly from major player in Camden. I may be wrong about BTS b/c there simply isn't enough time, but was told the big coup with be announced next week.

I have also heard through a decently credible source that Suburu will most likely be moving it HQ to the Camden CBD (from Cherry Hill)- these two could really be a great jump start for Camden if this (or either) are true.

While I love to see more in DT Philly - the better the whole region does the better for the whole IMHO.

A stronger Camden likely means a stronger Philly if that make sense

[kilbride102]

The population figures are interesting. I would like to see someone dig into those numbers and see if my theory is true. I believe that the growth we see is due to an influx of immigrants and recent college grads looking for big city life in cc. I can tell u based on my experience living in the ne, most people are looking to get out as soon as they can. I find myself and several friends like me (white, early 30s, married with young kids, with 80-100k incomes) are counting the days. The most common reason is school quality and safety. I'm not sending my kids to philly public schools. We are sending our daughter to catholic schools for pre k in the fall. But even that is now too expensive $3200 for one child. In two years when my son is ready for school its over 5000 a year. I'll be taking my family out of this city as soon as possible.

Its a disgrace what this city and its failed leadership as done to once great neighborhoods. Section 8 housing (or whatever they renamed it), meth clinics, and increases in drugs /crime are running tax paying middle class citizens out of here. Northeast philly is home to almost 400 thousand people of many different backgrounds who are mostly middle class yet the area is treated like the redheaded step child of the city. The city devotes most of its resources to attracting young professionals to fill bars and restaurants not realizing that those people have no roots that will tie them to here when the going gets tough.

[Kidphilly]

^^^ this is growth/decline rate by area in the 201 Censu - imagine the current trends are pretty similar

http://www.philly.com/philly/hot_topics/117455888.html

[PhiLaw]

Originally Posted by kilbride102

The population figures are interesting. I would like to see someone dig into those numbers and see if my theory is true. I believe that the growth we see is due to an influx of immigrants and recent college grads looking for big city life in cc. I can tell u based on my experience living in the ne, most people are looking to get out as soon as they can. I find myself and several friends like me (white, early 30s, married with young kids, with 80-100k incomes) are counting the days. The most common reason is school quality and safety. I'm not sending my kids to philly public schools. We are sending our daughter to catholic schools for pre k in the fall. But even that is now too expensive $3200 for one child. In two years when my son is ready for school its over 5000 a year. I'll be taking my family out of this city as soon as possible.

Its a disgrace what this city and its failed leadership as done to once great neighborhoods. Section 8 housing (or whatever they renamed it), meth clinics, and increases in drugs /crime are running tax paying middle class citizens out of here. Northeast philly is home to almost 400 thousand people of many different backgrounds who are mostly middle class yet the area is treated like the redheaded step child of the city. The city devotes most of its resources to attracting young professionals to fill bars and restaurants not realizing that those people have no roots that will tie them to here when the going gets tough.

This is not Philly.com's comment section. This is a forum for Phila enthusiasts. Good schools are a consequence of better demographics - not its cause. You have to be willing to invest in good schools by getting actively involved. If you feel priced out at $5k, then you're not a enthusiast.

[bywoods]

http://www.thisoldcity.com/news/win-gray...th-will-be-phillys-next-pedestrian-plaza

This should be a nice urban amenity to an already rapidly developing area. It should spur more retail development for the future CHOP workers. Always promising to see progress despite NIMBY opposition.

[summersm343]

East Market or Girard Square Block news

DC's National Real Estate Advisors is behind the project to redevelop the former Girard Square block at 11th and Market. CEO Jeffrey Kanne tells us that the aptly renamed East Market project will begin by replacing the low-rise retail building facing Market Street with a mixed-use retail center and apartment tower. Construction will eventually extend down to Chestnut Street and bring a smaller-scale, boutique shopping experience with more apartments to supplement the robust activity on Market.

With leases terminated, all tenants will be out by July, and work should commence on Phase 1, which should eventually transform East Market into 140k SF of retail with a 325 apartments rising above. The construction gives National the chance to put modern amenities in place, among them a business center, fitness center, and third-floor decks. An additional 150k SF will be available for offices but could go residential based on demand. And for shopping? A large variety of tenants are slated, and Jeff says to expect a mix of fashion, restaurants, and entertainment to revitalize the block.

http://www.bisnow.com/commercial-real-estate/philadelphia/1235-market-streets-big-makeover-2/

[Cro Burnham]

Originally Posted by iheartphilly

Highly unlikely. Trying to get 1000 people to relocate out of its locality, esp. if there is any substantial resistance from its workforce (for whatever reason (i.e, parents with kids in middle/high school, etc; other spouse, partner having to find a new job), is an idea dead on arrival.

I agree. My guess is that what is meant by "looking at Pennsylvania" is looking along the I-83 corridor between Baltimore and York, PA. York is actually very close to the northern Baltimore suburbs like Hunt Valley where I think McCormick has major operations. Many employees who work in that area actually live in York County because it has lower taxes and property is cheaper.

These are companies and people with a very traditional suburban outlook - i.e., highly unlikely candidates for relocating to Center City. So I wouldn't get my hopes up.

This is not pessimism, just realism.

[summersm343]

http://www.phila.gov/CityPlanning/projec...h_CDR%20Application_April%209%202014.pdf

[shadowbat2]

^Nice!

[Philly-Drew]

Some of the renderings in that PDF are absolutely amazing!

[McBane]

Originally Posted by PhiLaw

This is not Philly.com's comment section. This is a forum for Phila enthusiasts. Good schools are a consequence of better demographics - not its cause. You have to be willing to invest in good schools by getting actively involved. If you feel priced out at $5k, then you're not a enthusiast.

You make a valid point, but we shouldn't insulate ourselves in our bubbles in Center City, Fishtown, etc. It's always good to get a nice dose of "reality" or at least a different perspective from someone in a different situation (raising a family) than most of us. Sometimes posters here don't understand that there are different voices, opinions, and situations.

Yes, lots of young single childless professionals moving in, plus empty nesters, but for working/middle class families, the city isn't easy. Raising children in the city is expensive and for folks who can afford to live in the Penn Catchment area, etc. it's a great situation to be in, but not everyone can afford that lifestyle.

I am definitely an urban enthusiast and love this city but I hate it when people judge others on how to raise their children or their decision (or desire) to leave the city, etc. It's a very, very personal decision based on circumstances unique to that individual and their family. You don't know Kilbride, his/her situation and you can't use a single post to categorize him/her as not being a Philly enthusiast. Out there in the NE, raising a family, I don't blame Kilbride for being a little jaded, or at least detached from all the new craft beer bars and coffee shops opening up on Passyunk Ave, etc.

Anyway, p.s. I love those new CITC renderings!

[PhiLaw]

Originally Posted by McBane

You make a valid point, but we shouldn't insulate ourselves in our bubbles in Center City, Fishtown, etc. It's always good to get a nice dose of "reality" or at least a different perspective from someone in a different situation (raising a family) than most of us. Sometimes posters here don't understand that there are different voices, opinions, and situations.

Yes, lots of young single childless professionals moving in, plus empty nesters, but for working/middle class families, the city isn't easy. Raising children in the city is expensive and for folks who can afford to live in the Penn Catchment area, etc. it's a great situation to be in, but not everyone can afford that lifestyle.

I am definitely an urban enthusiast and love this city but I hate it when people judge others on how to raise their children or their decision (or desire) to leave the city, etc. It's a very, very personal decision based on circumstances unique to that individual and their family. You don't know Kilbride, his/her situation and you can't use a single post to categorize him/her as not being a Philly enthusiast. Out there in the NE, raising a family, I don't blame Kilbride for being a little jaded, or at least detached from all the new craft beer bars and coffee shops opening up on Passyunk Ave, etc.

Anyway, p.s. I love those new CITC renderings!

You have a point. Maybe I was a little bit harsh. But I was not denying that the city suffers from a whole host of problems. What my main point was is that this is not the forum to air those grievances. That's for philadelphia speaks or another blog. This is a philadelphia enthusiast/development forum. We talk about development, architecture, etc., and economics insofar as it relates to development.

[iheartphilly]

Originally Posted by PhiLaw

You have a point. Maybe I was a little bit harsh. But I was not denying that the city suffers from a whole host of problems. What my main point was is that this is not the forum to air those grievances. That's for philadelphia speaks or another blog. This is a philadelphia enthusiast/development forum. We talk about development, architecture, etc., and economics insofar as it relates to development.

The original conversation started out about Philly population trend (and affected by many factors including its public school system). It is not irrevelant since a healthy popluation growth spurts economic growth which can lead to more economic development (i.e., high/mid rise of apartment/condo) even for single families with one child that want to live in these types of abodes.

[Insoluble]

Originally Posted by McBane

You make a valid point, but we shouldn't insulate ourselves in our bubbles in Center City, Fishtown, etc. It's always good to get a nice dose of "reality" or at least a different perspective from someone in a different situation (raising a family) than most of us. Sometimes posters here don't understand that there are different voices, opinions, and situations.

Yes, lots of young single childless professionals moving in, plus empty nesters, but for working/middle class families, the city isn't easy. Raising children in the city is expensive and for folks who can afford to live in the Penn Catchment area, etc. it's a great situation to be in, but not everyone can afford that lifestyle.

You're doing the exact thing you are being critical of. You're experiences raising a family in the city are not necessarily universal. I am also early-mid 30's and also have a small child. I completely understand that the school situation in the city is not ideal. But there are options. I know it's popular to hate on charter schools since they hurt the public schools in many ways, but you can't deny that they provide parents like us with a viable free alternative.

I don't presume to judge anyone who plans to move out of the city, but I also don't assume that everyone who is in a superficially similar demographic group to me will do the same thing as me. I know plenty of middle class families with school age kids who have elected to stay in the city and wouldn't dream of moving out. I also know a few who have moved out. The point is that you can't base an argument about demographic shifts on your own personal experience.

Also, if you looks at the maps in the Inquirer, the population growth hasn't all been Center City and Fishtown. There's actually a lot of growth throughout South Philly and the North East.

[philly13]

Does anyone have any information related to the Riverwalk Apartments mentioned in this article? Is it just a proposal?

http://www.philly.com/philly/gallery/201...chuylkill_s_east_bank.html?viewGallery=y

[summersm343]

Originally Posted by philly13

Does anyone have any information related to the Riverwalk Apartments mentioned in this article? Is it just a proposal?

http://www.philly.com/philly/gallery/201...chuylkill_s_east_bank.html?viewGallery=y

Just a proposal at this point.

http://forum.skyscraperpage.com/showthread.php?t=210203

[summersm343]

Update on 4224 Baltimore. It looks like they lowered the taller building to 8 floors. Residents of the area are still complaining that the building is "out of character" with the Victorian homes in the area

http://www.westphillylocal.com/2014/03/2...ments-stone-panels-and-a-fitness-center/

[summersm343]

Darrel Clarke's new bill

Take out Brewerytown, Francisville, Mantua and Point Breeze because they are already changing over on their own, and I'd be okay with this bill... building new low income housing in downtrodden neighborhoods.

However, throw a bunch of low income units into Brewerytown, Francisville, Mantua and Point Breeze and that could severally cripple the gentrification occurring in these neighborhoods.

http://planphilly.com/articles/2014/03/2...rs-assign-targets-for-affordable-housing

[josef]

Originally Posted by summersm343

Darrel Clarke's new bill

Take out Brewerytown, Francisville, Mantua and Point Breeze because they are already changing over on their own, and I'd be okay with this bill... building new low income housing in downtrodden neighborhoods.

However, throw a bunch of low income units into Brewerytown, Francisville, Mantua and Point Breeze and that could severally cripple the gentrification occurring in these neighborhoods.

http://planphilly.com/articles/2014/03/2...rs-assign-targets-for-affordable-housing

This article does a really good job is laying down some data-based facts about this issue.

http://nextcity.org/daily/entry/philly-has-an-income-problem-not-a-housing-affordability-problem

TL;DR People need jobs.