PHILADELPHIA | Highrise Development Thread IX - Page 192

Dean4983 · #**3821** Posted **Jul 2, 2014, 7:43 PM**

Quote:

Originally Posted by summersm343

Post some pics!!! Start a flickr account.

Does is work for you, posting from flickr? I spent like two hours the first night I was trying to post pictures and could not get it to work. Then I found some info online that said flickr didn't play nice with forums. So I created a separate imgur account.

Regardless, I have definitely felt Bariscos pain on this matter!

PhillySteaks · #**3822** Posted **Jul 2, 2014, 7:49 PM**

At the Risk of beating an already dead horse....swift confirmation comes but 3 days later.

"Slots revenue peaked during the 2011/2012 fiscal year when the machines grossed $2,476,775,317."

$2B in revenue!!! Money that is handed over to the state because the people gambling can't understand statistics. Don't you think that $2B would of been better off in the hands of the consumers? Possibly stimulating business/markets in their neighborhoods? No, it went to PA State & Phila....which by the way still can't fund the school/city budget. You don't need to be upper class with an ivy degree living on the mainline to know you will never beat slot machines over an extended period. Philly will draw but one crowd demographic, and one demographic only...that is after the initial buzz wears off.
Valley Forge is the only gem, and that won't last either.

http://www.philly.com/philly/news/Pa_slots_revenue_continues_a_2_year_tumble.html

PhillySteaks · #**3823** Posted **Jul 2, 2014, 7:57 PM**

Quote:

Originally Posted by PhillySteaks

The PA market is completely saturated with these casinos. This isn't Vegas. Philly isn't a resort destination, and it's a long way from accomplishing to be one. The city has a historically BLUE collar past with a little pocket of wealth living concentrated in rittenhouse and 95% of the affluence just outside city borders sitting on the mainline. If you think these people will be visiting Philadelphia casinos you are mad. Why visit a philly casino when you can easily afford Vegas?

The people going to philly casinos are concentrated in a minority amount of Middle Class that want to have a fun night out every now and again, but know the value of their hard earned dollars so won't be rolling the dice on the regular, and the MAJORITY clientele which will be lower class people, as mentioned previously, looking to "strike it rich"! No matter where you build your casino this will be your outcome. Maybe not at first, but once the initial buzz of gambling wears off for the middle class and revenues begin to drop then the $100 table mins begin to fall to $5 table mins, rooms/parking become super cheap, and the casino gives out all types of "deals" to get people in the doors. Those "deals" bring a seedier crowd which then in turns drives away the small upper class group you had, and the middle class group that now think it's a dive. Look out on the spectrum 5-10years and tell me it's a good idea to build a casino on the border of an up and coming affluent spring garden neighborhood...let alone any new casino in philadelphia. They are a cancer, plain and simple.

"once the initial buzz of gambling wears off for the middle class and revenues begin to drop then the $100 table mins begin to fall to $5 table mins, rooms/parking become super cheap, and the casino gives out all types of "deals" to get people in the doors"....I gave it 5-10 years and wow, look at that. Harrahs opened 7 years ago to date....weird. If you think people are coming to philadelphia specifically to gamble at Market8 or Provence you need to pull it together. With all the building the past 3-5yrs every submarket in a 75miles radius has access to their own town casino. No one will be driving to philadelphia from the burbs to gamble. No one will be flying in from Chicago, LA, Miami, Houston, DC, Boston to gamble.

PhiLaw · #**3824** Posted **Jul 2, 2014, 8:05 PM**

Quote:

Originally Posted by PhillySteaks

At the Risk of beating an already dead horse....swift confirmation comes but 3 days later.

"Slots revenue peaked during the 2011/2012 fiscal year when the machines grossed $2,476,775,317."

$2B in revenue!!! You don't need to be upper class with an ivy degree living on the mainline to know you will never beat slot machines over an extended period. Philly will draw but one crowd demographic, and one demographic only...that is after the initial buzz wears off.
Valley Forge is the only gem, and that won't last either.

http://www.philly.com/philly/news/Pa_slots_revenue_continues_a_2_year_tumble.html

The horse is not only dead - it's decayed and transformed into carbon

ScreamShatter · #**3825** Posted **Jul 2, 2014, 9:31 PM**

Quote:

Originally Posted by PhiLaw

The horse is not only dead - it's decayed and transformed into carbon

Exactly. We all need to accept that we have different opinions and move on.

Any new rumors on skyscrapers?

Kidphilly · #**3826** Posted **Jul 2, 2014, 9:32 PM**

Quote:

Originally Posted by ScreamShatter

Exactly. We all need to accept that we have different opinions and move on.

Any new rumors on skyscrapers?

Market 8 is adding two floors to their proposal - now called Market 10

Philly Fan · #**3827** Posted **Jul 2, 2014, 9:39 PM**

Quote:

Originally Posted by Kidphilly

Market 8 is adding two floors to their proposal - now called Market 10

As long as they don't add another three and make it Market 13.

Plokoon11 · #**3828** Posted **Jul 2, 2014, 9:42 PM**

Maybe they will call it Market 1776 and have the height reach to that number. And gamblers are forced to dress up in colonial times and bring in stones and donkeys.

Kidphilly · #**3829** Posted **Jul 2, 2014, 10:03 PM**

Quote:

Originally Posted by Plokoon11

Maybe they will call it Market 1776 and have the height reach to that number. And gamblers are forced to dress up in colonial times and bring in stones and donkeys.

will they call them dunk-keys

shadowbat2 · #**3830** Posted **Jul 2, 2014, 11:13 PM**

Quote:

Originally Posted by ScreamShatter

Exactly. We all need to accept that we have different opinions and move on.

Any new rumors on skyscrapers?

Brand new tower planned near City Hall!!

philatonian · #**3831** Posted **Jul 2, 2014, 11:16 PM**

Quote:

Originally Posted by PhiLaw

Soooo the Please Touch Museum is apparently insolvent:

http://www.philly.com/philly/blogs/inq-phillydeals/InvestorsdemandPleaseTouchpaymillions.html

I predicted this a few years ago. They floated $60 million to build a huge complex miles away from Center City and tourists, with no ready access to public transportation. Bring it back near the parkway!

That's kind of upsetting, more for the Centennial Park District than a museum I have no interest in. There's no doubt it would do better on the Parkway, but the Zoo, Centennial Park, and Memorial Hall are so geographically close to Center City, or at least the Schuylkill River. I keep saying we need a crosswalk and stairway at Girard and Kelly Drive. Get those thousands of summer joggers, families, and recreationalists to venture to the west side of the river. It wouldn't be more than a 15 minute walk from Boathouse Row.

Quote:

Originally Posted by Baconboy007

I'm probably not going to get a lot of support on this but, close the 341 exit on 76. It'll release the bottle neck that always happens there and force people to enter the park from Parkside Ave thus passing the museum. This is not going to solve all their problems but I would be happy and at the end of the day that's all that matters.

I'd get behind this plan.

Outta here · #**3832** Posted **Jul 2, 2014, 11:41 PM**

Quote:

Originally Posted by shadowbat2

Brand new tower planned near City Hall!!

Cro Burnham · #**3833** Posted **Jul 3, 2014, 2:35 AM**

Quote:

Originally Posted by shadowbat2

Brand new tower planned near City Hall!!

Isn't that Goldenberg Blatstein super luxo mega slot tower phase 2 proposal? It is supposed to be the world's tallest, most luxurious casino ever. Right here in philly. A real hame changer. Watch out Monte Carlo, Philly slots have arrived.

McBane · #**3834** Posted **Jul 3, 2014, 1:22 PM**

Quote:

Originally Posted by shadowbat2

Brand new tower planned near City Hall!!

I always liked that proposal. If you could resurrect 5 dead ass skyscraper projects, what would they be? Responses are more appropriate for this thread: http://forum.skyscraperpage.com/showthread.php?p=6640192&posted=1#post6640192

jn00 · #**3835** Posted **Jul 3, 2014, 1:27 PM**

There is some serious steel up at the AQ Rittenhouse project on chestnut. We're vertical!

Teakwood · #**3836** Posted **Jul 3, 2014, 2:21 PM**

https://www.yahoo.com/travel/best-fourth-of-july-fireworks-shows-2014-90591036667.html

Quote:

The coolest thing at the Philadelphia Museum of Art — other than Rocky running up the stairs — is the Fourth of July fireworks show.

Art is for squares. Give me some exercise equipment and some explosions.

Dean4983 · #**3837** Posted **Jul 3, 2014, 2:26 PM**

Quote:

Originally Posted by Teakwood

Art is for squares. Give me some exercise equipment and some explosions.

PhiLaw · #**3838** Posted **Jul 3, 2014, 4:28 PM**

New Details on Comcast II:

Square footage increased, but hotel rooms decreased.

http://www.philly.com/philly/blogs/inq-phillydeals/New-details-on-Comcasts-tower-2.html

tsarstruck · #**3839** Posted **Jul 3, 2014, 4:35 PM**

Quote:

Originally Posted by PhiLaw

New Details on Comcast II:

Square footage increased, but hotel rooms decreased.

Not really. That's the same number of hotel rooms the CITC was always going to have. It's just less than the Four Seasons has now at their current location.

EastSideHBG · #**3840** Posted **Jul 3, 2014, 5:14 PM**

One Water Street design review is completed
Read more at http://www.philly.com/philly/classifieds...ew_is_completed.html#eeK054K4rO340mEy.99

**************

I found this article to be very interesting:

Brandywine Global: 'We buy when there's blood in the streets'
Read more at http://www.philly.com/philly/blogs/inq-phillydeals/264792771.html#dRZZBSBCXVEIcekx.99