PHILADELPHIA | Highrise Development Thread IX - Page 639

City Wide · #**12761** Posted **Dec 9, 2016, 9:38 PM**

Quote:

Originally Posted by pwp

Did I read that right? 3 towers will be built on top of The Gallery? Or does this refer to the East Market development?

Part if not all the Gallery was designed and built with columns to have at least two 'towers' built on top of the existing complex. I have no idea who would control the rights to build these towers.

summersm343 · #**12762** Posted **Dec 9, 2016, 9:58 PM**

Quote:

Originally Posted by pwp

Did I read that right? 3 towers will be built on top of The Gallery? Or does this refer to the East Market development?

On top of the Gallery. PREIT has shown this rendering multiple times, but they have not stated when the towers would be built.

summersm343 · #**12763** Posted **Dec 9, 2016, 11:04 PM**

Mayor Kenney calls Toll's latest Jeweler's Row plans 'deeply disturbing'

http://www.philly.com/philly/business/Ma...r-Jewelers-Row-is-deeply-disturbing.html

hammersklavier · #**12764** Posted **Dec 10, 2016, 3:52 AM**

Quote:

Originally Posted by Redddog

Didn't 5 Below just lease 180,000 sq ft in the Lits Building?

That would have been a perfect spot for Bloomies - an old historic building in a great part of town.

Makes me think that if they let that one get by them, they maybe weren't so much in the market.

That's office space, not retail space. IIRC they leased a fairly large retail footprint in the Lits, too.

Although if you consolidated all of that building's available retail space you'd probably get close to 100k sf. But I don't think anybody would be willing to go for that ... yet.

jsbrook · #**12765** Posted **Dec 10, 2016, 3:43 PM**

Quote:

Originally Posted by Gonzo the Great

Hi to all and TGIF .
Was reading about some construction projects on east Market and if all is right with the world , the " tallest " new thing on that end of
Market appears to be the 248' Ludlow near the Lowe's hotel . The only other construction at that end is the 380' high rise @ 500 Walnut
which obviously is not Market .
I believe the parking lot @ 8th.& Market , will remain just that for the foreseeable future but I don't understand why .

Because it is a huge lot, and ground up construction will be very expensive and will only make sense with a committed corporate tenant taking up a significant portion of any building. Projects like The Gallery and East Market are paving the way for that by bringing higher end residential and retail and making the street more appealing.

jsbrook · #**12766** Posted **Dec 10, 2016, 3:44 PM**

Quote:

Originally Posted by summersm343

On top of the Gallery. PREIT has shown this rendering multiple times, but they have not stated when the towers would be built.

I would bet they wait awhile to feel out the market and see how the residential from the East Market project further west is leasing.

TechTalkGuy · #**12767** Posted **Dec 11, 2016, 12:56 AM**

One thing I don't understand is that there are no developers interested in developing real skyscrapers on the East side.

Those renders are nothing more than fillers that legitimize Center City as a skyscraper playground.

Just bulldoze chinatown and erect some serious skyscrapers already!

Is there anything on Walnut Street east of Broad?
Didn't think so!

Miles of blocks ready for redevelopment!
Locust Street too!!

While we're on a roll here, we really don't need Penn's Landing.

iheartphilly · #**12768** Posted **Dec 11, 2016, 2:08 AM**

Quote:

Originally Posted by TechTalkGuy

One thing I don't understand is that there are no developers interested in developing real skyscrapers on the East side.

Those renders are nothing more than fillers that legitimize Center City as a skyscraper playground.

Just bulldoze chinatown and erect some serious skyscrapers already!

Is there anything on Walnut Street east of Broad?
Didn't think so!

Miles of blocks ready for redevelopment!
Locust Street too!!

While we're on a roll here, we really don't need Penn's Landing.

Easy boy...Chinatown and Penn's landing give Character to the city. Building high rises is a function of supply and demand.

Philamigo · #**12769** Posted **Dec 11, 2016, 3:04 AM**

Quote:

Originally Posted by 1487

more hate for the toll bros condo. People are really overstating how popular and significant jeweler's row is to tourists and residents alike. I mean, the street will remain as will 90% of the properties. It seems like Kenney will be under pressure to try and intervene and get Toll to compromise or back down.

http://www.philly.com/philly/opinion/Inq...hts-its-disrespect-for-Jewelers-Row.html

I am very conflicted about the whole Toll Bros./Jeweler's Row controversy.

I will frankly admit I'm a great fan of highrise and skyscraper construction ... let them build a 39 story tower ... a 49 story tower! On the other hand I am also sympathetic to historic preservation. It appears Toll Bros. have no intention of saving the storefront facades or retail spaces ... and I think that is wrong. I don't agree with Mayor Kenney on a lot of things, but his recent criticism is spot on.

Compromise was possible, but Toll Bros. played us for suckers.

Jeweler's Row is the oldest Jewelry District in the entire US ... and we're tearing a good chunk of it down for yet another banal apartment house.

jsbrook · #**12770** Posted **Dec 11, 2016, 3:35 PM**

Quote:

Originally Posted by Philamigo

I am very conflicted about the whole Toll Bros./Jeweler's Row controversy.

I will frankly admit I'm a great fan of highrise and skyscraper construction ... let them build a 39 story tower ... a 49 story tower! On the other hand I am also sympathetic to historic preservation. It appears Toll Bros. have no intention of saving the storefront facades or retail spaces ... and I think that is wrong. I don't agree with Mayor Kenney on a lot of things, but his recent criticism is spot on.

Compromise was possible, but Toll Bros. played us for suckers.

Jeweler's Row is the oldest Jewelry District in the entire US ... and we're tearing a good chunk of it down for yet another banal apartment house.

If they just preserved the facades, most people would bless the project. I'd like to see the estimated costs of facade preservation as well as their anticipated profit on this project. I would bet they are doing ok. Kenney is right. If they want a healthy and not antagonistic relationship with the city and to have an easy time at future projects here (assuming this is not a one and done), they will try and play ball if they can do so profitably. Even if there is SOME hit to profit.

jsbrook · #**12771** Posted **Dec 11, 2016, 3:36 PM**

Quote:

Originally Posted by TechTalkGuy

One thing I don't understand is that there are no developers interested in developing real skyscrapers on the East side.

Those renders are nothing more than fillers that legitimize Center City as a skyscraper playground.

Just bulldoze chinatown and erect some serious skyscrapers already!

Is there anything on Walnut Street east of Broad?
Didn't think so!

Miles of blocks ready for redevelopment!
Locust Street too!!

While we're on a roll here, we really don't need Penn's Landing.

I assume this is mostly sarcasm or tongue and cheek. But, No.

EastSideHBG · #**12772** Posted **Dec 11, 2016, 5:26 PM**

Quote:

Originally Posted by TechTalkGuy

One thing I don't understand is that there are no developers interested in developing real skyscrapers on the East side.

Those renders are nothing more than fillers that legitimize Center City as a skyscraper playground.

Just bulldoze chinatown and erect some serious skyscrapers already!

Is there anything on Walnut Street east of Broad?
Didn't think so!

Miles of blocks ready for redevelopment!
Locust Street too!!

While we're on a roll here, we really don't need Penn's Landing.

Yes, it is important for more skyscrapers to be built that many of us will never set foot in vs a vibrant neighborhood that gives CC a lot of character.

Gonzo the Great · #**12773** Posted **Dec 11, 2016, 5:28 PM**

Quote:

Originally Posted by jsbrook

Because it is a huge lot, and ground up construction will be very expensive and will only make sense with a committed corporate tenant taking up a significant portion of any building. Projects like The Gallery and East Market are paving the way for that by bringing higher end residential and retail and making the street more appealing.

So then is it ludicrous to suggest something like this at that " smaller " lot @ 8th.& Walnut ?

Name: Centene Tower II
Cost: ? Part of a phased development
Height: 380' (estimate)
Floors: 28
Size: 600,000 square feet
Location: Downtown Clayton
Design: Modern
Mixed-Use Spaces: Retail
Garage: 750 Parking Spaces
Projected Start Date: 2018
Completion Projection: 2020

SJPhillyBoy · #**12774** Posted **Dec 11, 2016, 5:34 PM**

Is there a way to private message photos or only URLs of photos? I want to have someone post some pic I took.

jsbrook · #**12775** Posted **Dec 11, 2016, 5:48 PM**

Quote:

Originally Posted by Gonzo the Great

So then is it ludicrous to suggest something like this at that " smaller " lot @ 8th.& Walnut ?

Name: Centene Tower II
Cost: ? Part of a phased development
Height: 380' (estimate)
Floors: 28
Size: 600,000 square feet
Location: Downtown Clayton
Design: Modern
Mixed-Use Spaces: Retail
Garage: 750 Parking Spaces
Projected Start Date: 2018
Completion Projection: 2020

I'm not aware of an 8th & Walnut empty lot, but there is a rumored project for the smaller empty lot at 8th & Chestnut in Philly.

Edit: I think there is such an empty lot next to Le Pain Quotidien. Either of these would be more practical and viable at this time. Philly is not yet in a position to build on a huge lot like 8th & Market without a committed corporate tenant.

Gonzo the Great · #**12776** Posted **Dec 12, 2016, 2:17 PM**

Maybe a bit off topic but WOW

DETROIT (AP) -- Brayden Schenn completed an outstanding weekend and helped the Philadelphia Flyers reach their longest winning streak in over two decades.

kingtut · #**12777** Posted **Dec 12, 2016, 6:47 PM**

Penn Med. and Princeton University Med . one step closer to merger . This is really is a big deal for Penn and Philly . Penn Medicine having access to an additional 1.3 million potential patients . https://www.pennmedicine.org/news/news-r...ity-of-pennsylvania-health-systemhttp://

Philly-Drew · #**12778** Posted **Dec 12, 2016, 7:42 PM**

Quote:

Originally Posted by kingtut

Penn Med. and Princeton University Med . one step closer to merger . This is really is a big deal for Penn and Philly . Penn Medicine having access to an additional 1.3 million potential patients . https://www.pennmedicine.org/news/news-r...ity-of-pennsylvania-health-systemhttp://

The link is broken.

Randomguy34 · #**12779** Posted **Dec 12, 2016, 7:45 PM**

Quote:

Originally Posted by Philly-Drew

The link is broken.

Here you go:
https://www.pennmedicine.org/news/news-r...university-of-pennsylvania-health-system

3rd&Brown · #**12780** Posted **Dec 12, 2016, 7:45 PM**

Quote:

Originally Posted by kingtut

Penn Med. and Princeton University Med . one step closer to merger . This is really is a big deal for Penn and Philly . Penn Medicine having access to an additional 1.3 million potential patients . https://www.pennmedicine.org/news/news-r...ity-of-pennsylvania-health-systemhttp://

It's also good from a Regional Identity Standpoint.

New York City has a tendency to want to claim a stake in everything about and or associated with Princeton (the school and the region).

It will be nice to see the most respected hospital in the region (Central New Jersey) emblazoned with references to Philadelphia and Pennsylvania instead of New York, as historically (until recently...say, past 25-30 years) the region had been decided tilted more toward Philly than NYC.