PHILADELPHIA | Highrise Development Thread IX - Page 208

Philly Fan · #**4141** Posted **Jul 30, 2014, 12:07 AM**

Quote:

Originally Posted by GarCastle

I passed the VP of real estate mid-stairway in Penn Tower too but couldn't remember his name to even try to probe for info LOL.

Cheers,
G.

Maybe this will help:

http://www.facilities.upenn.edu/about/organizational-chart

shadowbat2 · #**4142** Posted **Jul 30, 2014, 3:08 AM**

Mall developer Macerich Co. to invest $106.8M in Gallery revival effort

Quote:

California-based Macerich Co., which owns 55 U.S. shopping centers including the Deptford Mall, will invest $106.8 million in a joint venture to redevelop the Gallery at Market East and offer "accessible luxury retailing" there, Pennsylvania Real Estate Investment Trust, owner of the 1.4 million-square-foot Center City shopping complex, said Tuesday.

Century 21, a New York fashion chain, is remodeling space in the former Strawbridge & Clothier flagship store at the east end of the Gallery at Eighth and Market Streets, with an October opening planned that PREIT has said will help anchor the mall's renovation.

The Gallery location will be Century 21's first outside metropolitan New York City, where it has eight stores. The chain offers discounted designer clothing, housewares, cosmetics, shoes, luggage, and more.

Kmart shut its Gallery store earlier this year, making another two-story space available at the mall's 10th Street side.

In a Tuesday evening statement, PREIT said Macerich has experience leasing retail space "in dense, urban environments" - it has malls in Brooklyn and Queens in New York City. Macerich will acquire a 50 percent interest in the Gallery under terms of the deal. PREIT will invest with Macerich in Gallery improvements on a 50/50 basis.

In the statement, PREIT called the future improved Gallery "Philadelphia's only transit-oriented, retail anchored multiuse property offering accessible luxury retailing and artisan food experiences."

PREIT's chief executive officer, Joseph F. Coradino, said that Macerich would help make the Gallery "a one-of-a-kind, premier center," and predicted that Macerich would add "strong leasing relationships to unlock significant value in the Gallery."

Macerich chairman and CEO Art Coppola said he looked forward to investing in "one of the top real estate markets in the United States," one with "strong long-term growth prospects."

Read more at http://www.philly.com/philly/business/20..._revival_effort.html#Y2sR5QcAovFltfqE.99

PhiLaw · #**4143** Posted **Jul 30, 2014, 12:21 PM**

Data Center coming to 1500 Spring Garden:

http://www.bizjournals.com/philadelphia/...m-takes-space-at-1500-spring-garden.html

Jawnadelphia · #**4144** Posted **Jul 30, 2014, 1:06 PM**

http://www.chop.edu/export/download/pdfs...airs/sa-notification-letter-july2014.pdf

Looks like a letter was sent to residents yesterday regarding demolition to begin for Phase 1 of the CHOP expansion at 700 Schuylkill Ave.

Philly Fan · #**4145** Posted **Jul 30, 2014, 1:39 PM**

Quote:

Originally Posted by TallCoolOne

http://www.chop.edu/export/download/pdfs...airs/sa-notification-letter-july2014.pdf

Looks like a letter was sent to residents yesterday regarding demolition to begin for Phase 1 of the CHOP expansion at 700 Schuylkill Ave.

Notice that they never actually use the word "asbestos" (unless I missed it). I assume that's primarily what they're talking about when they use words like "decontamination," "abatement," and "non-friable" (although I suppose they could also mean things like lead-based paint). No need to alarm the neighbors unnecessarily, I guess.

Outta here · #**4146** Posted **Jul 30, 2014, 4:02 PM**

Was I on drugs again , or did I actually hear about a woman who wants to refurbish the SS United States . A few months earlier I thought I had read , it was to be sold and scrapped . If so , .... sad .

GarCastle · #**4147** Posted **Jul 31, 2014, 2:16 AM**

Quote:

Originally Posted by Philly Fan

Maybe this will help:

http://www.facilities.upenn.edu/about/organizational-chart

Nah, it was the VP of Real Estate for Penn Medicine not for UPenn (which is likely a higher position). Definitely a man, not an Anna. :^)

Cheers,
G.

Flyers2001 · #**4148** Posted **Jul 31, 2014, 12:01 PM**

Spoke to contact at Ucity,

Penn Tower will not come down until the parking portion of the project at Civic Blvd and Health Center is complete. Once the Walls are complete they will be shipping in prefabbed concrete to complete garage portion in a very quick amount of time. The office/Medical part of the project will be completed at a later time. The building portion is being developed by Branywine Trust and will be leased back to Penn over a large portion of time. There have been some proposals of the building (some of which have been posted), but no dec. has been made.

When Penn Tower is leveled; they will be constructing a state of the art Hospital for Penn. This is where it gets dicey as the project is suppose to be built in phases. They would also eliminate a portion of convention Blvd. and add/redo an exit off of South that would pull right up to the ER portion of the hospital. All fine and good except it would make life much more difficult for CHOP entrance.

As more time goes on I would expect a larger and larger tower to be built at Penn Medicines future expansion site.

PhiLaw · #**4149** Posted **Jul 31, 2014, 1:16 PM**

Comcast continues its quest to take over the world, one cc building at a time...

http://www.bizjournals.com/philadelphia/...ouring-office-market-for-more-space.html

cjPhilly · #**4150** Posted **Jul 31, 2014, 2:26 PM**

Quote:

Originally Posted by Flyers2001

When Penn Tower is leveled; they will be constructing a state of the art Hospital for Penn. This is where it gets dicey as the project is suppose to be built in phases. They would also eliminate a portion of convention Blvd. and add/redo an exit off of South that would pull right up to the ER portion of the hospital.

Very interesting. It was my understanding that HUP was moving it's ER department to Presby sometime in 2015. I remember reading that somewhere; I'll have to see if I can find the article again.

gfspeople · #**4151** Posted **Jul 31, 2014, 6:41 PM**

http://www.bizjournals.com/philadelphia/...sportation-projects-in-philadelphia.html

With nearly $5 billion set for improvements in roads, bridges and mass transit across the Philadelphia region, the Delaware Valley Regional Planning Commission released its four-year schedule of infrastructure projects, all of which is scheduled to start in the beginning of 2015.

christof · #**4152** Posted **Jul 31, 2014, 7:09 PM**

Quote:

Originally Posted by cjPhilly

Very interesting. It was my understanding that HUP was moving it's ER department to Presby sometime in 2015. I remember reading that somewhere; I'll have to see if I can find the article again.

Trauma unit is being moved to Presby from HUP. HUP will still have an ER.

Outta here · #**4153** Posted **Jul 31, 2014, 7:17 PM**

The company has committed to approximately 1 million square feet at the new Comcast Innovation Center and has rights to grab an additional 300,000 square feet at the building until September of 2015.

So then , is there a chance CITI may bump up a few more floors

Another 100 ft. wouldn't hurt .

miesian · #**4154** Posted **Jul 31, 2014, 8:40 PM**

Quote:

Originally Posted by Outta here

The company has committed to approximately 1 million square feet at the new Comcast Innovation Center and has rights to grab an additional 300,000 square feet at the building until September of 2015.

So then , is there a chance CITI may bump up a few more floors

Another 100 ft. wouldn't hurt .

That's already included in the tower, but I wouldn't be surprised if they take all the space.

McBane · #**4155** Posted **Jul 31, 2014, 8:44 PM**

Quote:

Originally Posted by miesian

That's already included in the tower, but I wouldn't be surprised if they take all the space.

Comcast had a similar agreement w/ Liberty for the original tower. And, by the time it was completed, they already needed more space.

GarCastle · #**4156** Posted **Aug 1, 2014, 12:17 AM**

Quote:

Originally Posted by christof

Trauma unit is being moved to Presby from HUP. HUP will still have an ER.

But without Trauma there would be less of a need to have such a straight shot into the ER.

As far as CHOP, well those kids shouldn't be driving anyway! LOL

G.

1487 · #**4157** Posted **Aug 1, 2014, 12:15 PM**

HAs anyone posted this yet? Ive been away for a few days.

http://www.phila.gov/CityPlanning/projectreviews/PDF/CDR%20Package.pdf

Good to finally see what this is supposed to look like.

PhiLaw · #**4158** Posted **Aug 1, 2014, 1:23 PM**

Former Big Brothers/Big Sisters building to become a hotel:

http://www.ocfrealty.com/naked-philly/ch...rothers-big-sisters-hq-will-become-hotel

summersm343 · #**4159** Posted **Aug 1, 2014, 3:02 PM**

Houston law firm opening office in Philadelphia
Eating up more office space

http://www.bizjournals.com/philadelphia/...ntellectual-property-law-firm-opens.html

summersm343 · #**4160** Posted **Aug 1, 2014, 3:03 PM**

Quote:

Originally Posted by 1487

HAs anyone posted this yet? Ive been away for a few days.

http://www.phila.gov/CityPlanning/projectreviews/PDF/CDR%20Package.pdf

Good to finally see what this is supposed to look like.

There is a thread for this here:

http://forum.skyscraperpage.com/showthread.php?t=209700