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  #2761  
Old Posted May 5, 2014, 1:01 PM
br323206 br323206 is offline
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Originally Posted by mPhilly View Post
I think East Falls and half of Roxborough and Manayunk would all collectively sh** a brick if you proposed anything involving getting rid of Kelly Drive. And I wouldn't blame them. Expand 76, everybody knows it needs to be done, but it would cost a fortune. No unnecessary stop lights on Kelly Drive until 76 is expanded.
One problem with this line of thinking is that it would further facilitate suburban sprawl. The inadequacy of 76 has actually been a positive for the city in that it has helped keep people from moving further into the hinterland.

My vote for improved transportation in the area would be to convert the Manayunk/Norristown line to rapid transit and extend it to KOP. I would also convert one of the Chestnut Hill lines to rapid transit.
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  #2762  
Old Posted May 5, 2014, 2:48 PM
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  #2763  
Old Posted May 5, 2014, 2:48 PM
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Originally Posted by philatonian View Post
I was thinking, if Vine Street was lined with tall buildings, even midrises, the expressway wouldn't be nearly as noticeable. There's a really similar highway that runs through Portland, but because there's so much development on both sides, you kind of forget it's there. I think the problem with 676 has as much to do with Vine Street itself as it does the highway. Maybe if we get more infill like the Mormon apartment building and (hopefully) the Chinatown Tower we'll forget the expressway was ever an obstacle.
The crux of the idea is basically what you are saying there - plus creating a greenway that feels like a continuation of the Ben Franklin Parkway from the street level, while also adding the amenities and built-in population that it lacks (flanking Vine Street).

It is essentially the same concept as the Penn's Landing redevelopment applied in a different location. Meaning; cover the highway to expand the recreation and tourism, while better connecting the newly desirable development sites to the city at large. One feeds the other.

A full build out might look something like this:





.. I didnt really think the greenway design was really "extravagant" at all! I thought people might balk at how plain most of it would be (half the caps are essentially giant planters with no pedestrian access, just an elevated trail/bridge running above it.) I thought that might provide for a reclusive feel on parts of the trail where the trail is floating in full growth vegetation that blocks out the site noise and imposing build environment. But then the trail would slope back down to ground level plazas with city view/access and amenities on every other cap.

The elevated path could be at ground level the entire way, if that would be more simple... But then the continuous running/biking paths of the Schuylkill/ Parkway and the Viaduct trail would have a disjointed connected (stopping at 9 cross-streets). And a major motivation to designing this greenway was to make that uninterrupted connection so that the City Line would not be (misguidedly) used for it.
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  #2764  
Old Posted May 5, 2014, 2:57 PM
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Mappy. Wow! Very awesome job!

Only if... only if...

Only if this section of the city was built up like that and 676 was capped. Truly remarkable that would be.

However, I don't think taking away that many roads and messing with traffic patterns would be a smart idea for the city to do. A TON of cars us the Parkway instead of the inadequate I-76. Taking away so many roads would surely cause more problems.
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  #2765  
Old Posted May 5, 2014, 3:11 PM
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Originally Posted by summersm343 View Post
The last plan I saw was this



Know of any updates?



Sorry If im over going overboard, but I had some thoughts on the expansion a while back too:

*Obviously supposed to say "Tunneled"

Last edited by Mappy; May 5, 2014 at 3:49 PM.
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  #2766  
Old Posted May 5, 2014, 3:24 PM
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Originally Posted by summersm343 View Post
Mappy. Wow! Very awesome job!

Only if... only if...

Only if this section of the city was built up like that and 676 was capped. Truly remarkable that would be.

However, I don't think taking away that many roads and messing with traffic patterns would be a smart idea for the city to do. A TON of cars us the Parkway instead of the inadequate I-76. Taking away so many roads would surely cause more problems.
No major roads are taken away This just has fewer lanes on the BF Parkway, and they are moved to the outside of a central pedestrian mall. There could be more lanes that I show too, just reduced it to 3 each way as a proof of concept (would need traffic data to see how many are really needed - never been on it around rush hour) The only roads that get changed/removed here are 1) Vine Street westbound re-routes through Logan Circle (which may actually be an improvement to traffic flow. And 2) 430' of 19th St (between Logan Circle and Wood) is removed. And that isnt necessary to the overall concept. Southbound traffic on 19th would need to take Callowhill to 21st to regain access BF Parkway and Logan Circle. If that is too disruptive than the Logan Circle park space by the Library would just grow with the new caps, but not taking the 19th St ROW... No biggy.

Last edited by Mappy; May 5, 2014 at 3:42 PM.
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  #2767  
Old Posted May 5, 2014, 4:00 PM
ILovePhilly ILovePhilly is offline
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Mappy,
FANTASTIC.

To me the most important part about the capping is the noise. When I've walked in the area the noise is just overwhelming, coming up from the concrete highway bouncing off concrete retaining walls the underside of concrete overpasses. I can't carry on a conversation. Maybe I'm too sensitive. But that would be the biggest positive would be the noise and the quality of the existing public environment.
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  #2768  
Old Posted May 5, 2014, 4:38 PM
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Mappy, you should change your name to Mappy-the-Stud!

Great job on the renderings man!
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  #2769  
Old Posted May 5, 2014, 7:00 PM
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1911 Walnut deal dead! This sucks...if Toll could make it work financially, it would of been awesome. Very discouraging for a publicly traded company to not be able to overcome the costs of a highrise on this pad. Not holding my breathe that a private developer can do it.

http://www.bizjournals.com/philadelphia/...alking-away-from-rittenhouse-square.html
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  #2770  
Old Posted May 5, 2014, 7:25 PM
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Very shitty

Reason being Castleway was probably asking more than what they paid for the site so they can turn a profit. Problem is that sight isn't worth that price right now. Castleway is either going to have to cut their loses and take a hit, or develop the property and take a hit. Either way, if Toll couldn't get a deal done, this lot is probably going to sit for another 10 years unless Castleway can get something together which I won't hold my breath on.
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  #2771  
Old Posted May 5, 2014, 7:28 PM
Kidphilly Kidphilly is offline
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Originally Posted by iheartphilly View Post
1911 Walnut deal dead! This sucks...if Toll could make it work financially, it would of been awesome. Very discouraging for a publicly traded company to not be able to overcome the costs of a highrise on this pad. Not holding my breathe that a private developer can do it.

http://www.bizjournals.com/philadelphia/...alking-away-from-rittenhouse-square.html
with SLS and few other high end developments (500 Walnut etc.) price point may not work for total demand in these types of developments

This lot will eventually be developed but may have to wait
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  #2772  
Old Posted May 5, 2014, 7:30 PM
Pennsgrant Pennsgrant is offline
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Originally Posted by iheartphilly View Post
1911 Walnut deal dead! This sucks...if Toll could make it work financially, it would of been awesome. Very discouraging for a publicly traded company to not be able to overcome the costs of a highrise on this pad. Not holding my breathe that a private developer can do it.

http://www.bizjournals.com/philadelphia/...alking-away-from-rittenhouse-square.html
That lot is like anti-developable.

Something is amiss here. Castleway paid $37 M for that lot (what does that cost them in property taxes per year?) They wont develop it, they wont improve it, they apparently won't sell it.

At least with the propery tax generated on that lot can the city improve the appearance.How about a pocket park or beer garden for the Rittenhouse overflow. a valuable piece of land like that should not be allowed to be squatted on and wasted.
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  #2773  
Old Posted May 5, 2014, 7:49 PM
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Originally Posted by summersm343 View Post
Very shitty

Reason being Castleway was probably asking more than what they paid for the site so they can turn a profit. Problem is that sight isn't worth that price right now. Castleway is either going to have to cut their loses and take a hit, or develop the property and take a hit. Either way, if Toll couldn't get a deal done, this lot is probably going to sit for another 10 years unless Castleway can get something together which I won't hold my breath on.
I bet you are right. I think Castleway is the problem. Sounds like they want someone else to absorb their terrible investment decisions which probably helped bankrupt Ireland and no one is dumb and rich enough to bite.

Isn't Castleway affiliated with same people who wanted to build the spectacularly failed Chicago Spire? So there is now a $130 million-or-so hole in the ground overlooking the lake. Apparently the same numbnut from Ireland still has it somehow. The Spire SSP thread has been revived recently with speculation that the Irish owner has been casting about for new funds to revive the development. Seems this effort has been a failure.

I'm guessing it's the same story: pitch deep pocketed prospective investors to bail you out and enable you to profit off a catastrophic failure that should have gotten you blacklisted from the RE industry forever.

Of course no one with the resources is this stupid. So the sites languish.

Why can't these people see they have no business in development?
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  #2774  
Old Posted May 5, 2014, 7:50 PM
Kidphilly Kidphilly is offline
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Originally Posted by Pennsgrant View Post
That lot is like anti-developable.

Something is amiss here. Castleway paid $37 M for that lot (what does that cost them in property taxes per year?) They wont develop it, they wont improve it, they apparently won't sell it.

At least with the propery tax generated on that lot can the city improve the appearance.How about a pocket park or beer garden for the Rittenhouse overflow. a valuable piece of land like that should not be allowed to be squatted on and wasted.

Agree for now a seasonal beer and food truck garden would be nice for the area.

maybe even fronted by space that could be used by various boutique clothing offerings
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  #2775  
Old Posted May 5, 2014, 7:51 PM
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Cro Burnham Cro Burnham is offline
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Quote:
Originally Posted by Pennsgrant View Post
That lot is like anti-developable.

Something is amiss here. Castleway paid $37 M for that lot (what does that cost them in property taxes per year?) They wont develop it, they wont improve it, they apparently won't sell it.

At least with the propery tax generated on that lot can the city improve the appearance.How about a pocket park or beer garden for the Rittenhouse overflow. a valuable piece of land like that should not be allowed to be squatted on and wasted.
I thought the taxes were delinquent on the site. That true?
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  #2776  
Old Posted May 5, 2014, 8:15 PM
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Looks like FMC may reach over 700 feet. If not, very high 600s




Thanks to CJphilly

This is from Brandywine's Q1 Conference call last week:

Quote:
Update from Brandywine Q1 conference call last week:
The FMC Tower at Cira South will break ground in the next several weeks with a targeted mid-2016 delivery. Since our announcement, due to FMC’s expansion some refinement to our residential component. We have increased the size of the building by adding several additional floors. We have also added an expanded amenity program, incorporated additional residential units, and enhanced street engagement in public space.

The revised building will contain 870,000 square feet consisting of 635,000 square feet of office, 4000 square feet of retail and 268 residential units. The total cost is anticipated to be approximately $385 million.
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  #2777  
Old Posted May 5, 2014, 8:19 PM
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1919 Market will break ground in the next 120 days

Quote:
Minor update from Brandywine's Q1 conference call (May 1):

We remain focused on our project at 1919 [Market Street] which is a mixed use project. We have obtained all final approvals. Finalized our development plan, identified our joint venture partner, are completing documentation of financing programs and we are planning to break ground on that in the next 120 days.
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  #2778  
Old Posted May 5, 2014, 8:47 PM
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Originally Posted by summersm343 View Post
1919 Market will break ground in the next 120 days
Thanks Summer.

Bummer about 1900 Walnut. I'd say next to 19th and Market, this is the city's most embarrassing lot. It's in the most prestigious neighborhood and a mere block from said neighborhood's epicenter. Sad.

But great news on FMC and 1919. Two questions:

Says that FMC is now going to be 870k sq. ft. What was it before?

And do we know yet how tall 1919 is? I seem to recall that project was still being finalized.
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  #2779  
Old Posted May 5, 2014, 8:49 PM
Insoluble Insoluble is offline
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Originally Posted by summersm343 View Post
Looks like FMC may reach over 700 feet. If not, very high 600s
Nice! This building is going to be amazing, I can't wait for construction to start.
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  #2780  
Old Posted May 5, 2014, 9:23 PM
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It seems the connection between Castleway and Chicago Spire is that both projects, though controlled by different Irish developers (John McCann's Castleway, Garrett Kelleher's Shelbourne), both obtained now defaulted loans from broke Anglo Irish Bank (now dissolved by Irish regulators, I think), and both used the same development director (?), Jim Osborne. Apparently Osborne still has a stake in the Rittenhouse site.

It seems that, as Kelleher has been fighting to keep the Spire site, Castleway has been fighting to keep Rittenhouse:

http://www.independent.ie/business/irish...ng-to-postpone-foreclosure-29847392.html

Seems in Chicago, the court has given Kelleher till October to work out a deal. Hopefully Castleway won't be given the same leeway here.

These guys are so brazen. After bankrupting their own country.
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