PHILADELPHIA | Highrise Development Thread IX

[GtownFriend]

Awesome!! thanks!

[El Duderino]

SEFTA, these visuals are awesome - thanks for sharing!

[EastCoastAmerican]

Great work, SEFTA. Thanks.

[City Wide]

Seeing the lights on One Riverside causes me to wonder if the City requires permits for exterior building lighting, anyone know?
I vaguely remember there being 'discussions' about the new name atop 1818 Market when the bank moved their offices there.

[summersm343]

Law firm Hogan Lovells moves to 1735 Market St. in Philly expansion

New York-based law firm Hogan Lovells will nearly triple its Center City space in a move to the 1735 Market St. office tower set for later this year.

Hogan Lovells has signed an 11-year lease for more than 34,700 square feet, covering 1 1/2 floors, at the 54-story building known as BNY Mellon Center, the firm said in a statement on Tuesday.

The move, planned for September, from the 13,150-square-foot space the firm currently occupies at 1835 Market St. is part of a "strategic initiative to expand in the Philadelphia market," Hogan Lovells said.

Read more here:
http://www.philly.com/philly/business/re...-1735-Market-St-in-Philly-expansion.html

[SEFTA]

Originally Posted by City Wide

Seeing the lights on One Riverside causes me to wonder if the City requires permits for exterior building lighting, anyone know?
I vaguely remember there being 'discussions' about the new name atop 1818 Market when the bank moved their offices there.

It should... or should start. Waiting for something to light up really wrong, is not really a plan.

[1487]

Originally Posted by summersm343

Law firm Hogan Lovells moves to 1735 Market St. in Philly expansion



Read more here:
http://www.philly.com/philly/business/re...-1735-Market-St-in-Philly-expansion.html

Sunday article on Vanguard in business section indicated they are currently shopping for CC office space to be more competitive for younger talent.

[summersm343]

Originally Posted by 1487

Sunday article on Vanguard in business section indicated they are currently shopping for CC office space to be more competitive for younger talent.

Yep. Told you guys this was happening

[jsbrook]

Originally Posted by summersm343

Yep. Told you guys this was happening

[summersm343]

New Years Day Kite Aerial Photography - Philadelphia Art Museum by Wind Watcher, on Flickr


New Years Day Kite Aerial Photography - Philadelphia Art Museum by Wind Watcher, on Flickr


New Years Day Kite Aerial Photography - Philadelphia Art Museum by Wind Watcher, on Flickr


New Years Day Kite Aerial Photography - Philadelphia Art Museum by Wind Watcher, on Flickr


New Years Day Kite Aerial Photography - Philadelphia Art Museum by Wind Watcher, on Flickr


New Years Day Kite Aerial Photography - Philadelphia Art Museum by Wind Watcher, on Flickr

[3rd&Brown]

Originally Posted by 1487

Sunday article on Vanguard in business section indicated they are currently shopping for CC office space to be more competitive for younger talent.

Does anyone have the link? I couldn't find it online. Would love to read it.

[Londonee]

Originally Posted by 1487

Sunday article on Vanguard in business section indicated they are currently shopping for CC office space to be more competitive for younger talent.

Originally Posted by summersm343

Yep. Told you guys this was happening

Is this separate from the previously announced "Innovation Center"?

[1487]

Originally Posted by Londonee

Is this separate from the previously announced "Innovation Center"?

yes. It's interesting how this was barely mentioned and not expounded upon in the article.

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

[summersm343]

NFL Draft & returning major groups lead Philadelphia's $902M meetings year

Philadelphia has a robust calendar this year for conventions and groups, meetings and special events booked by the Philadelphia Convention & Visitors Bureau.

The calendar includes the Army-Navy game in December, the Modern Language Association in January and the Risk and Insurance Management Society Inc. in April.

The PHLCVB projects $902 million in total economic impact from all conventions and groups, meetings and special events booked by the organization. The total Convention Center-related business for 2017 is being projected at $660 million alone.

Coming to the city this year include groups and conventions that either canceled previous meetings or have held off on choosing Philadelphia as a host to annual meetings because of antiquated work rules at the Pennsylvania Convention Center.

Groups began considering and booking Philadelphia again once new work rules were put in place in 2014, according to the meeting planners and leaders of those organizations, because they said the regulations were more cost-effective, streamlined and friendly.

Meetings booked back in 2014 that will finally hold their annual meetings in Philadelphia once again this year include the National Black MBA Association in September and Lightfair International in May.

The American Association for Cancer Research — which will return in October — inked a three-expo deal for Philadelphia back in 2014 after the work rules were put in place as well.

Philadelphia will also be host to the NFL Draft, which alone is expected to bring nearly 200,000 attendees, generating $86 million in economic impact, according to the PHLCVB. It will be held on the Benjamin Franklin Parkway.

“This kind of marquee event is not only great for our local hospitality industry, but with an estimated 40 million viewers tuning in over three days, the Draft will enable us to amplify the Philadelphia story and strengthen our position as a premier destination for meetings, conventions and overseas leisure travelers," Coker Graham said.

Philadelphia will most likely get a boost as a result of the coverage of the NFL Draft, which Philadelphia last hosted in 1960.

“There’s quite a bit of media attention on the event and a lot of showcasing for the host city,” Jeremy Jordan, a professor at Temple University's School of Sport, Tourism and Hospitality Management, said in an earlier story.

ESPN’s SportsCenter and the NFL Network spent a week highlighting Chicago as a destination, said Jordan, who said he expects Philadelphia will get the same treatment.

http://www.bizjournals.com/philadelphia/...-conventions-economic-impact-philly.html

[TempleGuy1000]

Lots of new buildings (and One Franklin) in view. Added two for the Dalian, because it really is a large development.

[Gonzo the Great]

[QUOTE=summersm343;7666327]
New Years Day Kite Aerial Photography - Philadelphia Art Museum by Wind Watcher, on Flicker



WOW and that is a gross understatement

[3rd&Brown]

Originally Posted by 1487

yes. It's interesting how this was barely mentioned and not expounded upon in the article.

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

It's still not clear to me that this means they're looking for significant office space.

Per this quote, it would imply yes, they are:

"At a time of rapid growth in its managed assets, as the company hires thousands a year to upgrade sales and service and replace those leaving, Vanguard, like other suburban Philadelphia employers, has lately found itself at a disadvantage competing to hire recent graduates, who often prefer Center City employers so they don't have to buy cars and can hit the bars faster at the end of the workday."

But per this quote, maybe not? A retail leasing office? Who cares. That's a store front.

"The company has also been scouting office leasing locations in the city, more than a decade after closing its former Philadelphia retail office."

On a completely non-development related note.

1 week of severance per year of service? GTOH. That's BS.

Standard is 1 month per year, at least for skilled white collar jobs. I would think the minimum is 2 weeks per year. At 1 week per year you get exactly 2.5 months of severance for a decade of service. That's sh*t.

[1487]

Originally Posted by 3rd&Brown

It's still not clear to me that this means they're looking for significant office space.

Per this quote, it would imply yes, they are:

"At a time of rapid growth in its managed assets, as the company hires thousands a year to upgrade sales and service and replace those leaving, Vanguard, like other suburban Philadelphia employers, has lately found itself at a disadvantage competing to hire recent graduates, who often prefer Center City employers so they don't have to buy cars and can hit the bars faster at the end of the workday."

But per this quote, maybe not? A retail leasing office? Who cares. That's a store front.

"The company has also been scouting office leasing locations in the city, more than a decade after closing its former Philadelphia retail office."

On a completely non-development related note.

1 week of severance per year of service? GTOH. That's BS.

Standard is 1 month per year, at least for skilled white collar jobs. I would think the minimum is 2 weeks per year. At 1 week per year you get exactly 2.5 months of severance for a decade of service. That's sh*t.

The mention of retail space has nothing to do with what they are doing now. It is merely a frame of reference to show how long it's been since they were in Philly. They aren't saying they are looking to set up a retail office.

[el don]

I used to work there, now I don't. Best decision of my life.

[Gonzo the Great]

This might be a crazy question but since some probably already think that , here goes .
When the lantern atop CITC is completed and set a lite , just from how far out will it be
visible on a clear night .... 10/12/15 miles
Will I be able to photograph it from Princeton ....