PHILADELPHIA | Highrise Development Thread IX

[summersm343]

Second residential project emerges for Jewelers Row, after Toll condo proposal

The owner of the Jewelry Trades Building on Jewelers Row is following the lead of Toll Bros. down the street, with potential plans for a condo or apartment project on its property as well.

PRDC Properties LLC secured a zoning permit last week to top the six-story 1930s building, home to dozens of metals workshops and gemstone studios, with another six floors of dwelling units, according to a notice from the Philadelphia Department of Licenses and Inspections.

The plan submitted by PRDC calls for 54 residential units at 740 Sansom Street, on Jewelers Row’s southwest corner.

The building has been a regional center for jewelry production for more than 80 years and now accommodates more than 42 watchmakers, diamond cutters, ring casters, and other tradespeople, according to its website.

The zoning permit obtained by PRDC leaves those uses of the building intact, with only the six-story addition at the top being designated for residences.

Read more here:
http://www.philly.com/philly/business/re...welers-Row-after-Toll-bros-proposal.html

[volguus zildrohar]

Originally Posted by mcgrath618

Unrelated to current discussion, I just discovered this little building called Mandeville place
Why was it never built? I can't find any thread about it anywhere

EDIT:

Some sources I've looked at say it was canceled due to the 2008 recession, but I can't find anything coherently saying just that.

The project just faded away. It hasn't been "officially" canceled but...consider it canceled. It was a big deal around here when it was announced but it's become a running joke of sorts now and the go-to example of an ambitious Philadelphia project that never gets off of the ground.

[Flyers2001]

Originally Posted by PhilliesPhan

http://www.philly.com/philly/business/re...welers-Row-after-Toll-bros-proposal.html

Looks like we have yet another Jeweler's Row tower proposal!

This does not appear to be happening anytime soon. Looks like they want to get the approvals before things change.

[jsbrook]

Originally Posted by summersm343

Second residential project emerges for Jewelers Row, after Toll condo proposal



Read more here:
http://www.philly.com/philly/business/re...welers-Row-after-Toll-bros-proposal.html

Can't see why there'd be an objection. Nothing is being demolished and only a 6 floor addition. Is it by right?

[summersm343]

Developers Duel for Right to Build on Chinatown Block

Comparison of the two site plans:


Pennrose Proposal







Parkway/CDC Proposal

Where they differ is in parking and density. Parkway’s proposal consists of three six-story buildings of uniform appearance with 181 parking spaces (and room for another 50) in the middle of the site. The three buildings of the WRT-designed Pennrose proposal would vary in height and appearance; the proposed 147-room hotel would be the lowest of the three, the building with the housing would rise 10 stories, and the Equal Justice Center would be 14 stories tall. There would also be fewer parking spaces — 143 — and more greenery, with a landscaped promenade occupying most of the Ridge Avenue right-of-way as well as a passageway leading from it to Spring Street.

Read more at http://www.phillymag.com/property/2017/0...-on-chinatown-block/#DYRUYC015Zz1sYS2.99

[summersm343]

[SEFTA]

Between the 2, I'd have to say I'm for the one with the taller buildings. It does not seem to be so dominated with surface parking. It appears there will be a park diagonally through the site. Neither proposal is exciting or seem very well thought out.

[summersm343]

^^Agreed. Neither or great, but the Pennrose proposal is MUCH better. Less surface parking, more green space, the buildings are taller, and it's a mix of residential, office and hotel with retail.

The Parkway/CDC proposal are all shorter towers, and ALL residential uses with more surface parking and less green space... and a urban farm in the middle of Center City. WTF?

[Knight Hospitaller]

^Neither may be great, but the first rendering is so awful that it makes the second look like a masterpiece. Where in that first rendering is the urban farm? Looks like the old Horsham office park where I worked about 15 years ago. [Edit: I see a little triangular plot for veggies in one of the renderings. Wow - bringing urban farming to Race St. in a big way]

[summersm343]

Jefferson Health System is expanding at the Navy Yard

Seven years after first dropping anchor at the Philadelphia Navy Yard, Jefferson Health has plans to establish a much larger presence at the bustling business campus.

The Philadelphia-based health system has signed a multi-year lease agreement for an additional 70,000 square foot space at 3 Crescent Drive.

The building was initially erected to serve primarily as Tasty Baking Co.'s corporate headquarters. Then after the Tastykakes maker was sold to Flower Foods of Georgia in 2011, those offices became homes for the Philadelphia 76ers front office and sales and marketing staffs. The Sixers are leaving the space for their new training facility and team headquarters in Camden.

Now, Jefferson Health which signed an expanded lease deal with project developer Liberty Property/Synterra, a joint venture of Liberty Property Trust (NYSE:LPT) and Synterra Partners — will become the building's major tenant. Financial terms of the deal were not immediately available. Jefferson plans to be in the new space by early- to mid-2018.

“They Navy Yard has also enjoyed significant expansion as a progressive campus with more than 13,000 employees and 150 companies, and more to come,” Merlis said.

Future development of the Navy Yard, according to Liberty Property Trust, will support up to 13.5 million square feet of mixed-use space and more than 30,000 people.

http://www.bizjournals.com/philadelphia/...erson-hospital-south-philly-liberty.html

[PhilliesPhan]

Originally Posted by summersm343

Seriously, how is this even a competition? The Parkway proposal looks like the string of cheap motels I see as I drive through Tinicum on Industrial Highway (PA 291)! Penrose is the obvious winner, for both design and the mix of uses. Penrose's proposed green space and reduced amount of surface parking are also huge pluses.

The only way Parkway should win is if they come back to the table with a more inspired/taller design with less surface parking.

[Mr Saturn64]

Wow. Those are two terrible options. They could build something way taller there. Not to mention how ugly the taller one is.

[tsarstruck]

Originally Posted by Knight Hospitaller

^Neither may be great, but the first rendering is so awful that it makes the second look like a masterpiece. Where in that first rendering is the urban farm? Looks like the old Horsham office park where I worked about 15 years ago. [Edit: I see a little triangular plot for veggies in one of the renderings. Wow - bringing urban farming to Race St. in a big way]

It's a hydroponic farm, so I assume it would be inside, not outside.

[Knight Hospitaller]

Originally Posted by tsarstruck

It's a hydroponic farm, so I assume it would be inside, not outside.

Even better! The veggies will hang from the ceiling inside. Maybe one can glimpse it when parking the car in one of the adjacent spaces...

[iheartphilly]

Originally Posted by tsarstruck

It's a hydroponic farm, so I assume it would be inside, not outside.

Aeroponic not hydroponic.

[City Wide]

Originally Posted by Mr Saturn64

Wow. Those are two terrible options. They could build something way taller there. Not to mention how ugly the taller one is.

The taller proposal, Penrose, looks like they spent no more then a couple hours throwing it together. And as others have said, Parkway's plan is terrible.

I wonder why a CC edge site had such a weak showing, both in the number of proposals and the quality of those turned in? Sad

[TempleGuy1000]

http://www.nj.com/camden/index.ssf/2017/03/norcross_and_partners_propose_245m_camden_tower_on.html

Camden Tower, as they're calling it, would house the offices for the three companies, bringing 869 jobs to the city. The partners in the project are Conner Strong & Buckelew, NFI and The Michaels Organization.

-- Conner Strong & Buckelew, which would bring at least 253 jobs, would invest $86,239,720.

-- NFI, a logistics company, would bring 341 jobs and plans an investment of $79,377,980.

-- The Michaels Organization, a development and real estate company, would bring 275 jobs and make an investment of $79,378,750.

[SJPhillyBoy]

As each new rendering of the Camden Waterfront development is updated and released, it just becomes less inspiring, more generic, down graded in design and really nothing exciting. Plus NJ is giving away hundreds of millions in corp welfare to move NJ companies just a few miles into Camden, creating no new economy for NJ.


Conner Strong, other firms propose $245 million move to Camden
Three prominent South Jersey firms planning move to Camden

http://www.philly.com/philly/news/new_je...orcross-Michaels-245-million-Camden.html

[Gonzo the Great]

[QUOTE=SJPhillyBoy;7737165]As each new rendering of the Camden Waterfront development is updated and released, it just becomes less inspiring, more generic, down graded in design and really nothing exciting. Plus NJ is giving away hundreds of millions in corp welfare to move NJ companies just a few miles into Camden, creating no new economy for NJ.


Yes , if the down grades continue , they will wind up with a Wendy's next to a Burger King . I liked the first published renderings
that had one building up over 400' but was cautious about jumping on the Camden band wagon because it looked a bit far fetched .

In this latest rendering , the shorter of the two buildings reminds me of Aramark and to be honest I never liked that ugly mother
either . What I would really like to see , one of the Phillies farm clubs moving into the old Campbell's Field .....

[TempleGuy1000]

Originally Posted by SJPhillyBoy

As each new rendering of the Camden Waterfront development is updated and released, it just becomes less inspiring, more generic, down graded in design and really nothing exciting. Plus NJ is giving away hundreds of millions in corp welfare to move NJ companies just a few miles into Camden, creating no new economy for NJ.


Conner Strong, other firms propose $245 million move to Camden
Three prominent South Jersey firms planning move to Camden

http://www.philly.com/philly/news/new_je...orcross-Michaels-245-million-Camden.html

wait a minute. This article says the opposite of the NJ article.

NJ.com said they are investing 245 million and seeking incentives. Not getting 245 million in incentives.

The program seeks to create and keep jobs in Camden and other cities in the state by offering tax credits from $500 to $5,000 per job, per year.

Under the program, the credits they're seeking on those investments would only be fully collectable 10 years later, if the companies make their investment and meet job creation and retention targets, according to the release.

so by doing the Math: 869 jobs * 5,000 per job * 10 years= $43,450,000

I have a feeling this is more garbage reporting from Philly.com. I resent the fact we have such an awful hometown media website. Read the Pittsburgh Post-Gazette sometime and see if they write sensationalist tabloid click bait like ours does every single day.

Also I don't know if anyone actually posted this, but the location that the original rendering showed the shorter building is going to be a park:



http://www.courierpostonline.com/story/n...017/02/14/rca-pier-park-camden/97884410/