PHILADELPHIA | Highrise Development Thread IX

[jn00]

Originally Posted by Londonee

I've suggested for a long time that they employ something identical for businesses willing to relocate from outside the city. A 10-year tax free incentive. Same concept as the property abatement.

They would have to develop several stipulations about % of employees in the city to qualify. For example, you wouldn't want to provide the tax incentives necessarily for a 500person company who only moves 10 employees to the city, yet claims HQ status, etc.

Also, limitations on current city companies moving to the suburbs for a year or two or two then move back to the city to enjoy 10 years tax free.

As many of us know, there are quite a few suburban companies who are considering the jump to CC yet are nervous for all the obvious financial and political reasons...something like this would make that decisions much, much easier and I think if done well we'd see a flood of companies moving into town.

Isn't that essentially what we already offer in KOZ's like Cira or the Navy Yard?

[josef]

Originally Posted by Londonee

I've suggested for a long time that they employ something identical for businesses willing to relocate from outside the city. A 10-year tax free incentive. Same concept as the property abatement.

They would have to develop several stipulations about % of employees in the city to qualify. For example, you wouldn't want to provide the tax incentives necessarily for a 500person company who only moves 10 employees to the city, yet claims HQ status, etc.

Also, limitations on current city companies moving to the suburbs for a year or two or two then move back to the city to enjoy 10 years tax free.

As many of us know, there are quite a few suburban companies who are considering the jump to CC yet are nervous for all the obvious financial and political reasons...something like this would make that decisions much, much easier and I think if done well we'd see a flood of companies moving into town.

Londonee for mayor.

[bucks native]

from Plan Philly

Trial lawyer Kline gives $50M to Drexel law school

Included in the gift is the former Beneficial Saving Fund Society building at 12th and Chestnut Streets, an imposing classical revival style structure that has been vacant since 2001 and that will house the law school's Institute for Trial Advocacy.

[summersm343]

Calling All Developers for Navy Yard's South Port Expansion

http://philly.curbed.com/archives/2014/0...s-for-navy-yards-southport-expansion.php

[summersm343]

Since someone decided this was complete and moved it to the Completed Projects Archives:

Philadelphia Family Court Building
Final pics from me
15 floors
265 feet

Will be done by the end of the month anyway







I think it fits in well. Not the best design but turned out decent.

[christof]

Originally Posted by bucks native

from Plan Philly

Trial lawyer Kline gives $50M to Drexel law school

Included in the gift is the former Beneficial Saving Fund Society building at 12th and Chestnut Streets, an imposing classical revival style structure that has been vacant since 2001 and that will house the law school's Institute for Trial Advocacy.

That donation saves Drexel Law from becoming part of the soon to be closed law schools. Whether it is good or bad for the legal profession, I do not know.

There needs to be a drastic downsizing of law schools in the United States. This region (PA-NJ-DE) can lose a couple. If not Drexel, then which ones?

[Jawnadelphia]

Originally Posted by christof

That donation saves Drexel Law from becoming part of the soon to be closed law schools. Whether it is good or bad for the legal profession, I do not know.

There needs to be a drastic downsizing of law schools in the United States. This region (PA-NJ-DE) can lose a couple. If not Drexel, then which ones?

Institute of Trial Advocacy... which means a giant, fake courtroom/moot court area, ...what a waste. That building is awesome..., to simply become an elective course classroom for law students to dress up and "play litigator" is disappointing.
Drexel only became aba accredited a few years ago, ...establishing a new law school during a time when the legal profession began massive hiring freezes... which then only led to massive downsizing (oh and then the horrors of tuition inflation/student loan debt for professional degrees was also becoming more and more common knowledge) yeah ...bad decision by Drexel.
The University of Delaware had been toying with creating a law school for much of the 2000s, and correctly nixed the idea.
So we have Penn, Temple, Villanova, Rutgers-Camden, Widener!, Drexel... all have law programs. Honestly, only a law degree from UPenn is truly impressive to would be employers; all the others really don't distinguish from each other. Unless you graduate in the top 10% of your class or graduate from a tier 1/Ivy League law school.... Where you actually attended school means nada.
This area could easiest lose 3 of the 6 I mentioned above without any consequence. Maybe even 4.

[Vince_]

http://planphilly.com/eyesonthestreet/20...way-dreams-come-to-life-on-spring-garden

[Vince_]

Originally Posted by bucks native

from Plan Philly

Trial lawyer Kline gives $50M to Drexel law school

Included in the gift is the former Beneficial Saving Fund Society building at 12th and Chestnut Streets, an imposing classical revival style structure that has been vacant since 2001 and that will house the law school's Institute for Trial Advocacy.

I agree, this is definitely a waste of an amazing building in a prime corner location. This is especially horrible knowing that the billiards hall with a rooftop deck got vetoed.

http://www.ocfrealty.com/naked-phill...ing-money-pool

http://imgur.com/aJiT54G
http://imgur.com/oP2XdWm

Drexel should at least let their students put a start up business/restaurant there for their co-op year.

[cubanChris]

Originally Posted by summersm343

Calling All Developers for Navy Yard's South Port Expansion

http://philly.curbed.com/archives/2014/0...s-for-navy-yards-southport-expansion.php

Personally... this is probably the most important – if least 'sexy' – potential development the city has in the pipeline. Huge amount of well paying jobs funneling hard goods through our city. I hope its as successful (if not twice as) the promoters claim it will be!

[skyscraper]

Originally Posted by TallCoolOne

Institute of Trial Advocacy... which means a giant, fake courtroom/moot court area, ...what a waste. That building is awesome..., to simply become an elective course classroom for law students to dress up and "play litigator" is disappointing.
Drexel only became aba accredited a few years ago, ...establishing a new law school during a time when the legal profession began massive hiring freezes... which then only led to massive downsizing (oh and then the horrors of tuition inflation/student loan debt for professional degrees was also becoming more and more common knowledge) yeah ...bad decision by Drexel.
The University of Delaware had been toying with creating a law school for much of the 2000s, and correctly nixed the idea.
So we have Penn, Temple, Villanova, Rutgers-Camden, Widener!, Drexel... all have law programs. Honestly, only a law degree from UPenn is truly impressive to would be employers; all the others really don't distinguish from each other. Unless you graduate in the top 10% of your class or graduate from a tier 1/Ivy League law school.... Where you actually attended school means nada.
This area could easiest lose 3 of the 6 I mentioned above without any consequence. Maybe even 4.

Drexel Law's distinguishing point is in Intellectual Property. As an engineering school, they wanted to establish a law school that specializes in helping innovators with patents, copyrights, etc.

[Jawnadelphia]

Originally Posted by skyscraper

Drexel Law's distinguishing point is in Intellectual Property. As an engineering school, they wanted to establish a law school that specializes in helping innovators with patents, copyrights, etc.

It was a money grab. They might spin it that way.., but it's a money grab to create a new law school when the entire legal profession is downsizing, and simply put... Ain't what it used to be. Oh, and there's plenty of schools that offer IP courses, patent law programs. This isn't a unique feature for a law program. Drexel wanted to get another 30-35k/year in tuition for 3 additional years out of people..., law schools are cheap to run compared to medical schools... It's a cash cow. (Well at least it used to be... Applications are way down across the country as college grads are now realizing the legal profession is on the decline). It was a money grab. Best of luck with the Innovation Center planning, I think that will tremendous for Drexel, and Philly in general. But Drexel Law was unnecessary.., and all about $$, nothing else.

[PhillySteaks]

Originally Posted by Vince_

http://planphilly.com/eyesonthestreet/20...way-dreams-come-to-life-on-spring-garden

This is fantastic! Thanks for sharing. I've been saying for years Spring Garden is the perfect candidate for a beautification project. Hopefully the whole throughway gets the go ahead sooner rather than later. I'm sure it will really liven up the adjacent neighborhoods.

[sayitaintso]

This is one of the most schizophrenic unintelligent contradictory articles I have ever had the displeasure of reading:

http://www.newsobserver.com/welcome_page...4_us-economic-rebound-slow-to-reach.html

[Londonee]

Originally Posted by sayitaintso

This is one of the most schizophrenic unintelligent contradictory articles I have ever had the displeasure of reading:

http://www.newsobserver.com/welcome_page...4_us-economic-rebound-slow-to-reach.html

hah, i think Hope Yen had a stroke mid-way through that column.

[ScreamShatter]

Originally Posted by Vince_

I agree, this is definitely a waste of an amazing building in a prime corner location. This is especially horrible knowing that the billiards hall with a rooftop deck got vetoed.

http://www.ocfrealty.com/naked-phill...ing-money-pool

http://imgur.com/aJiT54G
http://imgur.com/oP2XdWm

Drexel should at least let their students put a start up business/restaurant there for their co-op year.

Why wouldn't they give this to Temple Law? It's Trial Advocacy program is in the Top 3 in the country -- and one of the strongest programs in the TU Law School.

[philatonian]

Originally Posted by sayitaintso

This is one of the most schizophrenic unintelligent contradictory articles I have ever had the displeasure of reading:

http://www.newsobserver.com/welcome_page...4_us-economic-rebound-slow-to-reach.html

What did I just read?? At first it sounds like the usual "let's bash Philadelphia because I need to rationalize my $4000 a month apartment in Georgetown," then he says Philadelphia is doing better than Los-freakin'-Angeles?

Who are all these people fleeing the city? Do New York and Chicago have mid-wage jobs? Are those in Washington, DC with mid-wage jobs at the Gap living anywhere near the city? No, they're commuting from some town closer to the Ohio state line!

What a tool.

I love Philadelphia because it bucks the national norm that says "how dare a hotel clerk live amongst the skyscrapers."

You know why Philadelphia hasn't "rebounded" as fast as other cities? Because we didn't fall nearly as far. We didn't spend the early 2000s building ubiquitous condo towers that no one could afford. We aren't a skyline of empty apartment buildings finally finding tenants a decade later. We're building them now, pragmatically.

This is just one of many self-coddling "let's go after Philly because my city royally screwed up" articles. Infuriating.

Okay. Done my rant. Go Iggles.

[Outta here]

Yep ! I concur with your statement 100 % . That was one screwed-up article .
I can't think of a better way to describe the contents of the story , but let me
try by doing this ...........:kook:

[Justin7]

Can someone point out something that is incorrect in that article?

[Dean4983]

Originally Posted by Justin7

Can someone point out something that is incorrect in that article?

I think that's what philatonian tried to do above. Either way, I don't pretend to be an expert about the economics. Or honestly to be anything more than a skyscraper enthusiast. But the article didn't seem to jive with anything else I have read about Philadelphia's economic growth over the last few years. Or what my eyes tell me when I walk around the city.