PHILADELPHIA | Highrise Development Thread IX - Page 608

Urbanthusiat · #**12141** Posted **Sep 12, 2016, 6:15 PM**

I might be in the minority here but I still like it ¯\_(ツ)_/¯ I think it will look good.

New2Fishtown · #**12142** Posted **Sep 12, 2016, 6:22 PM**

Pretty sure they're still doing a bridge-level promenade overlooking the trail between the Market and Chestnut Street bridges, and that that will be lined with restaurants and retail. That in and of itself is reason enough to look forward to the project. There's currently nowhere to eat or drink overlooking the river. I imagine it will change the feel of that area significantly.

Knight Hospitaller · #**12143** Posted **Sep 12, 2016, 6:27 PM**

^^ That's why I'm glad SOMETHING is happening there, but I'm not getting my hopes up about quality. I'll take wagers on how long until the first door falls off one of the retail shops. If you've been in the 1900 Arch garage, you'll know what I mean.

iheartphilly · #**12144** Posted **Sep 12, 2016, 6:30 PM**

9-story new lowrise for Aramark HQ, really? A $15-billion dollar company needs to build very high like FMC and CITC. Further, the workforce for this building is like 1200 people so don't know why they couldn't build something in the innovation neighborhood...SMH.

Philly Kid · #**12145** Posted **Sep 12, 2016, 6:35 PM**

Maybe it's just me but i feel like this day has been filled with bad news...the new rendering and scope of the 2400 Market project feels downgraded and shows there is no residential component anymore...the article about the residential market cooling down...several projects stalled and/or no updates in several months.

Hope we start getting some good news soon about some of these projects.

Parkway · #**12146** Posted **Sep 12, 2016, 6:43 PM**

Quote:

Originally Posted by iheartphilly

9-story new lowrise for Aramark HQ, really? A $15-billion dollar company needs to build very high like FMC and CITC. Further, the workforce for this building is like 1200 people so don't know why they couldn't build something in the innovation neighborhood...SMH.

I think Aramark simply decided that large floor plates better severed the needs of the company. Not every company wants to be in One Liberty Place. Hell, its a major victory that we kept them in Center City at all.

iheartphilly · #**12147** Posted **Sep 12, 2016, 6:52 PM**

Quote:

Originally Posted by Parkway

I think Aramark simply decided that large floor plates better severed the needs of the company. Not every company wants to be in One Liberty Place. Hell, its a major victory that we kept them in Center City at all.

What needs would be served by larger floor plates? A mini Indy 500 circuit track on the 8th fl. I believe most work done here is admin type work. Digital paper tigers if you will. I agree with you that the State and City kept them here, but using incentive dollars to keep a company as oppose to attracting a new company of the same size to come to the State or City is taxpayer money better spent.

Parkway · #**12148** Posted **Sep 12, 2016, 7:00 PM**

Big, open, shared office floors seem to be the big trend right now. CTIC was designed with this in mind. Apple is moving into what amounts to a doughnut surrounded by parking lots.

1487 · #**12149** Posted **Sep 12, 2016, 8:05 PM**

Quote:

Originally Posted by iheartphilly

9-story new lowrise for Aramark HQ, really? A $15-billion dollar company needs to build very high like FMC and CITC. Further, the workforce for this building is like 1200 people so don't know why they couldn't build something in the innovation neighborhood...SMH.

well they did say Navy Yard was a possibility so if they were willing to go there they certainly weren't too concerned about being in a high rise.

1487 · #**12150** Posted **Sep 12, 2016, 8:08 PM**

Quote:

Originally Posted by iheartphilly

What needs would be served by larger floor plates? A mini Indy 500 circuit track on the 8th fl. I believe most work done here is admin type work. Digital paper tigers if you will. I agree with you that the State and City kept them here, but using incentive dollars to keep a company as oppose to attracting a new company of the same size to come to the State or City is taxpayer money better spent.

you speak as if there was a choice between Aramark and some 1000 person firm from outside of the city. They would most certainly offer the same (and more) to a company willing to move here from outside the city or state. In today's world any major corporation that even suggests it may move will get incentives to stay. Look at what NJ is doing.

iheartphilly · #**12151** Posted **Sep 12, 2016, 8:15 PM**

Quote:

Originally Posted by 1487

you speak as if there was a choice between Aramark and some 1000 person firm from outside of the city. They would most certainly offer the same (and more) to a company willing to move here from outside the city or state. In today's world any major corporation that even suggests it may move will get incentives to stay. Look at what NJ is doing.

Getting a 1000+ employee company from outside PA is the best way to spend taxpayer money. From suburbs to the city would benefit the city. City to City is a wash and only benefits the company because of the incentive it gives to the company. Just because NJ or another state is doing it doesn't mean its okay, but I see how the politics are played, so it's a win-win for those involved. The Navy Yard was never a serious option given the lack of a subway line to the Navy Yard. However, I do grant that the Navy Yard would of been a better option from a design standpoint in that they would of had a clean slate to start from and could of really design a unique looking building.

apetrella802 · #**12152** Posted **Sep 13, 2016, 1:17 AM**

Quote:

Originally Posted by Parkway

Big, open, shared office floors seem to be the big trend right now. CTIC was designed with this in mind. Apple is moving into what amounts to a doughnut surrounded by parking lots.

CITC was designed with an open floor plate to foster collaboration, Norman Foster described it as a 21st c. cyber factory. ARAMARK is not (I think) conducting research and open association for innovation in design. It has a more traditional role in managing projects etc with knowledge workers arranged in cubicals and directed by a hierarchy of managers. They could I'm sure adapt there work plan to make use of an open floor plan but I don't think an open floor plan would be required like it is in CITC.

Koernerstr32 · #**12153** Posted **Sep 13, 2016, 2:18 AM**

Quote:

Originally Posted by 1487

They would most certainly offer the same (and more) to a company willing to move here from outside the city or state. In today's world any major corporation that even suggests it may move will get incentives to stay. Look at what NJ is doing.

Huh? Not sure where you read your business news but this is not the case "in today's world"...many examples are available so I'm not sure of your point. PHILLY/Jersey tend to be unique in a way because of Philly's business tax structure.

boxbot · #**12154** Posted **Sep 13, 2016, 5:21 AM**

Edit: moved to other thread

1487 · #**12155** Posted **Sep 13, 2016, 12:27 PM**

Quote:

Originally Posted by Koernerstr32

Huh? Not sure where you read your business news but this is not the case "in today's world"...many examples are available so I'm not sure of your point. PHILLY/Jersey tend to be unique in a way because of Philly's business tax structure.

Yes it is. States and cities do this all of the time. When automakers (or Boeing or Airbus) announce they are looking for a factory location they are often offered hundreds of millions in tax credits, incentives and infrastructure improvements. Same when any large company announces they are looking for a new home. This game is played all over. And please tell me what state in the NE part of the US has a "great" tax structure aside from Delaware? PA, NY, NJ, CT, MD, etc. are not known as low taxation states. This is not a Philly specific tactic.

1487 · #**12156** Posted **Sep 13, 2016, 1:00 PM**

http://www.bizjournals.com/philadelphia/...400-market-top-five-floors-pmc-adle.html

several states were actively courting Aramark with incentives as I suggested earlier.

jsbrook · #**12157** Posted **Sep 13, 2016, 1:13 PM**

Quote:

Originally Posted by Koernerstr32

Huh? Not sure where you read your business news but this is not the case "in today's world"...many examples are available so I'm not sure of your point. PHILLY/Jersey tend to be unique in a way because of Philly's business tax structure.

Not so. The Philadelphia tax structure is an added burden that tends to incentivize companies who want to be in the region to locate in the suburbs or elsewhere. But most if all cities offer incentives to attract or retain corporations.

boxbot · #**12158** Posted **Sep 13, 2016, 1:37 PM**

Quote:

Originally Posted by iheartphilly

What needs would be served by larger floor plates?

You can do paintball team building on site.

iheartphilly · #**12159** Posted **Sep 13, 2016, 3:09 PM**

Quote:

Originally Posted by boxbot

You can do paintball team building on site.

That's a novel idea for use...I like it.

kingtut · #**12160** Posted **Sep 14, 2016, 1:28 AM**

Quote:

Originally Posted by 1487

http://www.bizjournals.com/philadelphia/...400-market-top-five-floors-pmc-adle.html

several states were actively courting Aramark with incentives as I suggested earlier.

No doubt , states like Georgia , Texas and Florida are known for poaching companies from the N.E. . They are pretty shameless and bold , it's extremely competitive in regards to luring business's to relocate . What do you do ?