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  #15141  
Old Posted Jul 28, 2017, 5:42 PM
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Good damn week! Both the Chinatown Eastern Tower and Blatstein's Broad and Washington Tower are moving forward
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  #15142  
Old Posted Jul 28, 2017, 5:59 PM
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Originally Posted by iheartphilly View Post
I'm really impressed with how One Franklin turned out from the re-cladding. Plenty of candidates for this treatment within our city. Cough...cough...some of the hotels need to up their game.
too bad we cant reclad Centre square
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  #15143  
Old Posted Jul 29, 2017, 3:23 PM
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Center Square looks fine. The Sheraton could really use recladding.
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  #15144  
Old Posted Jul 29, 2017, 9:03 PM
City Wide City Wide is offline
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Originally Posted by Mr Saturn64 View Post
Center Square looks fine. The Sheraton could really use recladding.
Agreed. I believe Center Sq. is a good example of its era. It might be the best Philly has to show for the time period of post WW2 up to time Liberty Place and its cousins were put up.

What highrise buildings that were constructed approx. 1950 thru 1980 do other people think are winners?

I wish it had a more active relationship with Market St. at the sidewalk level, but all in all, not bad.
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  #15145  
Old Posted Jul 30, 2017, 2:27 AM
Sgalla04 Sgalla04 is offline
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This is a pretty cool google earth time lapse of the Philadelphia skyline up to the first Comcast Center.

https://youtu.be/I_3Z7zX0dkU
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  #15146  
Old Posted Jul 31, 2017, 2:36 AM
jsbrook jsbrook is offline
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Originally Posted by City Wide View Post
Agreed. I believe Center Sq. is a good example of its era. It might be the best Philly has to show for the time period of post WW2 up to time Liberty Place and its cousins were put up.

What highrise buildings that were constructed approx. 1950 thru 1980 do other people think are winners?

I wish it had a more active relationship with Market St. at the sidewalk level, but all in all, not bad.
I also like Centre Square as is. It's really a nice break from all the surrounding glass too. But yes please to Sheraton recladdkng!
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  #15147  
Old Posted Jul 31, 2017, 9:42 PM
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https://www.instagram.com/p/BXEPb7cnmOn/?taken-by=unrulydiplomats

Drone pics these days are insane, loved this one from unrulydiplomats on IG.
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  #15148  
Old Posted Jul 31, 2017, 10:24 PM
Kfmcshan Kfmcshan is offline
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  #15149  
Old Posted Aug 1, 2017, 6:11 PM
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Ok , I'm in the " Way back machine " with this one .
Any Old Salts on here remember Six Flags theme park at the Power Plant in
Baltimore . I bring this up because of the numerous dead zones in center city ....
This place was a combination of Disney World and Great Adventure rolled into
one . Everything from giant mummies in the basement to the Nautilus submarine
to smell a vision and costume picture taking . I can think of at least two locations
where a project like this would boost tourism and generate jobs , tax revenue
and a " destination playground " for all ......

http://themeparkuniversity.com/wp-content/uploads/2014/12/Screen-Shot-2014-12-09-at-5.23.11-PM.png
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  #15150  
Old Posted Aug 1, 2017, 7:14 PM
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Originally Posted by Gonzo the Great View Post
Ok , I'm in the " Way back machine " with this one .
Any Old Salts on here remember Six Flags theme park at the Power Plant in
Baltimore . I bring this up because of the numerous dead zones in center city ....
This place was a combination of Disney World and Great Adventure rolled into
one . Everything from giant mummies in the basement to the Nautilus submarine
to smell a vision and costume picture taking . I can think of at least two locations
where a project like this would boost tourism and generate jobs , tax revenue
and a " destination playground " for all ......

http://themeparkuniversity.com/wp-content/uploads/2014/12/Screen-Shot-2014-12-09-at-5.23.11-PM.png

I remember it lol! I ended up going there when the Power Plant opened. I think it was marketed as Phineas Flagg's Power Plant! That sure brings back fun memories; they had a mall on the waterfront back then; all the cities on the East Coast wanted to copy what Baltimore was doing at the time. Its funny when you think back to it.
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  #15151  
Old Posted Aug 2, 2017, 4:19 AM
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I highly recommend reading through the articles at Theme Park University (where the image you posted is from) about The Power Plant. It seemed like a cool idea on paper, but the execution was terrible, and it flopped pretty hard. It's pretty wild to read about in retrospect, but it's not a model I'd recommend following.
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  #15152  
Old Posted Aug 2, 2017, 1:00 PM
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Originally Posted by Leviathant View Post
I highly recommend reading through the articles at Theme Park University (where the image you posted is from) about The Power Plant. It seemed like a cool idea on paper, but the execution was terrible, and it flopped pretty hard. It's pretty wild to read about in retrospect, but it's not a model I'd recommend following.


......... So are you saying you would rather something like that big — ugly surface parking lot at 23rd.& Cherry ( with access to development along the Schuylkill and near by train
station ) ??? The Power Plant may have been ahead of it's time but I think it might have contributed in part to the development of the Inner Harbor , which after more than
thirty years is doing quite well for that city .
No one project is a cure-all for any city but like I stated in my former post , something like the Power Plant beats the — out of a parking lot every day of the week . Please
pardon my next statement , a quote by Bill Maur .... " I don't know if it's fact , I just know that it's true "

PS ; Tourism , jobs , tax revenue ..... Whats not to like

Last edited by Gonzo the Great; Aug 2, 2017 at 1:21 PM.
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  #15153  
Old Posted Aug 2, 2017, 5:37 PM
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Awaiting condo developer, Philly's historic Dilworth House suffers from neglect

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Amid high-rises and office buildings, modern architecture and refurbished condominiums, the quaint, Colonial-style house that sits on Washington Square stands out in more ways than one.

At just three stories and 3,800 square feet, the Dilworth House on South Sixth Street represents another time. With a pitched roof and white trim, the red brick house appears as if it’s withstood change for decades as the city has revitalized around it.

Yet that’s not the most surprising thing about the Dilworth House: While Washington Square has become some of Philadelphia’s premier real estate, the house has sat vacant for more than a decade. Paint on its classic white shutters has flaked and chipped. Boards have replaced windows. And in the backyard, grass, cut only sporadically, has grown tall. Last month, the city issued multiple violations against the owner for the lack of upkeep.

Over the last 16 years, big plans for the house have been made — and fought. When developer John Turchi Jr. and his wife purchased the house in 2001 for $1.75 million, they wanted to renovate and move in. Then, the plan shifted to demolition, and then partial demolition, to make way for a 16-story condo tower. A nearly decade-long legal battle involving Turchi, the city, and residents ensued, until finally, in 2015, the Commonwealth Court upheld Turchi’s plan: The Dilworth House’s rear and side wings could be demolished, and the condo tower was approved.

Yet today, no construction, no tower. Two years have passed since Turchi won approval, so why hasn’t anyone followed through?

According to Turchi’s lawyer, Philip S. Rosenzweig, Turchi, now 75, has “quietly” marketed the property and “was actively looking to see if there was a developer who would be willing to acquire the site and build it.”

“At the moment, there is no transaction happening, but the opportunity exists for one of Philadelphia’s preeminent developers to acquire the site,” Rosenzweig said. “Mr. Turchi is committed to the project. He has no intention of relinquishing.”

But tackling Turchi’s project will be no easy feat, according to developers, and city officials familiar with the site. Long-standing community tensions still permeate, and logistically, the experts said, construction would be difficult. Zoning variances are needed. Parking is problematic. The lot measures nearly 9,000 square feet — but the house takes up part of it — meaning a tower would be confined by not just height, but also width and depth.

“It’s a small lot — it’s like trying to stuff five pounds of cream cheese into a one pound bag,” said Councilman Allan Domb, known as the “Condo King” as a result of his real estate brokerage. “A developer would be buying into an environment where there has been a fight for 10 years and where residents are concerned about the impact on this small-sized land.”

“I’m not saying it can’t be done,” Domb said, “but I’d love to see the developer sit down with neighbors and see what works for everyone.”

Since Turchi began shopping it, the site has caught the eye of some of Philadelphia’s top developers. Tom Scannapieco — whose $17.85 million penthouse at 500 Walnut, right around the corner, broke the record for the most expensive residential sale — said he explored the possibility of buying the Dilworth site six to nine months ago, but walked away.

“This is one of the most contentious pieces of real estate in the city,” Scannapieco said. “… It’s frankly a heavy lift with an unknown ending.”
Read more here:
http://www.philly.com/philly/business/re...-house-condo-redevelopment-20170805.html
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  #15154  
Old Posted Aug 3, 2017, 4:59 PM
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Parkway Corp. buys lot next to Mütter

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Parkway Corp. has paid $9.4 million for a surface parking lot next to the Mütter Museum in Philadelphia. The College of Physicians of Philadelphia, which operates the museum in a nearby building, sold the 19,152-square-foot parcel to Parkway. The parking operator already owns an adjacent lot that totals about 6,000 square feet and will combine the two to create a bigger site, said Rob Zuritsky, president at Parkway. “Now it’s a viable site for development,” he said.
https://www.bizjournals.com/philadelphia...parkway-corpbuys-lot-next-to-m-tter.html
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  #15155  
Old Posted Aug 3, 2017, 5:06 PM
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Why Cloudamize's acquisition is good for Greater Philadelphia

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Cloudamize is being acquired. The Center City startup announced Thursday that Cloudreach, a managed cloud service provider based in London, has bought a majority stake in the 5-year-old company.

The infusion of cash into Cloudamize will enable it to quickly scale its platform, which helps clients better manage their cloud services and keep down costs with data analytics, and increase its Philadelphia presence in the process, founder Khushboo Shah said. The merged companies, which have a combined staff of about 400, also plan to expand geographically in the United States and abroad. Shah said Cloudamize, which has raised about $2.2 million from local investors since launching in 2012, isn't disclosing its Philadelphia headcount but previous reports indicate it was at about two dozen at the end of 2016.

Shah counts the deal as not just a victory for Cloudamize and its customers, but for the region as well.

“This is a very meaningful story for Philly,” Shah said, adding there are plans of almost doubling the Cloudamize staff in Philadelphia over the next six months.

“The market clearly has moved to cloud-based technologies and applications. If you can build one of scale, it is an awesome business model with a lot of recurring revenue,” said NewSpring Capital Managing Partner Michael DiPiano. “This region has had really good success stories doing that.”
https://www.bizjournals.com/philadelphia...zes-acquisition-is-good-for-greater.html
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  #15156  
Old Posted Aug 4, 2017, 2:14 PM
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College takes step to buy part of former Inquirer property from Blatstein for apartments

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Community College of Philadelphia may have its eye on one of the last available properties that developer Bart Blatstein acquired in his deal to buy the former Inquirer building, which itself is on its way to becoming the city’s new police headquarters.

The college completed an appraisal of the lot at 1540 Hamilton St. in connection with the so-called Hamilton residential towers being built on an adjacent parcel owned by CCP, school spokeswoman Linda Wallace said in an email this week. She said the school has not decided to purchase the 1540 Hamilton St. parcel following the appraisal.

Wallace disclosed no other details about the potential transaction, including when the appraisal was ordered, and it’s unclear whether the 23,000-square-foot lot, on the southeast corner of 16th and Hamilton Streets, remains available. Blatstein said in an interview Thursday that the parcel “is not currently for sale.”

The property is part of a package of four parcels that were included in Blatstein’s $22.7 million acquisition in 2011 of 400 N. Broad St., former home of the Inquirer, Daily News and Philly.com. Also included were a 31,000-square-foot lot at 1527-47 Callowhill St. — just south of the 1540 Hamilton St. land for which the appraisal was completed — and the newspaper building’s parking structure at 1501 Callowhill St.

Philadelphia City Council approved a plan in May to acquire the 93-year-old newspaper tower, along with the parking garage, for conversion into the city’s new Police Administration Building, replacing the dated 750 Race St. structure known as the Roundhouse.

No plans have emerged for the 1527-47 Callowhill St. lot.
Read more here:
http://www.philly.com/philly/business/re...m-blatstein-for-apartments-20170803.html
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  #15157  
Old Posted Aug 4, 2017, 3:36 PM
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8th & Market parking lot owner tight-lipped about long-term plans

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As blocks along East Market Street in Philadelphia undergo a tremendous amount of investment and revitalization, a glaring omission is a nearly two acre surface parking lot at 8th and Market streets.

Owned by Goldenberg Group of Blue Bell, Pa., the property totals 83,752 square feet and is set to remain undeveloped for now. Goldenberg recently received a zoning variance to keep the parcel as a parking lot for another three-year term. Parking is not a by-right use for the property, which is zoned CMX-5, the highest and densest available, and therefore Goldenberg must seek out a variance to keep operating it as a parking lot.

That's not to say Goldenberg isn't exploring alternative uses for the site.

“Even though we are making progress on finding the right development, there is a need for parking,” said Seth Shapiro, chief operating officer at Goldenberg.

Shapiro declined to disclose any details about what is being considered at the site.

It’s not as if Goldenberg hasn’t tried to develop the property. The last attempt was in 2013 when the real estate company sought the last casino license to be awarded in Philadelphia and had proposed to construct what was then estimated as a $500 million, 100,000-square-foot — hall with 2,400 slots, 82 table games and a hotel.

At the time, Ken Goldenberg, who founded the company, said in an interview with the Philadelphia Business Journal that one could “hardly identify a location that’s crying out for development like this. There’s nothing else like it in Philadelphia or the country.”

Goldenberg didn’t get the casino license, which the company figured would help generate funds needed to help finance a big, mixed-use development there. At one point, Target was interested in the site and before that, it was slated for what became an ill-fated Disney Quest project.

In the four years since Goldenberg considered using a casino license to launch a project at 8th and Market, East Market Street has been a hotbed of activity. The first phase of a $260 million mixed-use project called East Market is transforming a block at 11th and Market streets, the Gallery is under redevelopment and Chestnut Street east of City Hall is undergoing a revitalization.
https://www.bizjournals.com/philadelphia...-parking-goldenberg-cre-development.html
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  #15158  
Old Posted Aug 4, 2017, 4:51 PM
Boku Boku is offline
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Originally Posted by summersm343 View Post
8th & Market parking lot owner tight-lipped about long-term plans



https://www.bizjournals.com/philadelphia...-parking-goldenberg-cre-development.html
Did you grab a different version of this? I'm seeing this as well in the page source:

Quote:
“Even though we are making progress on finding the right development, there is a need for parking,” said Seth Shapiro, chief operating officer at Goldenberg. Shapiro said he hopes that the company will have something firmed up with developing the site within that three-year period.

"We do not have any timing or specifics to announce, but continue to have productive conversations with Fortune 500 companies looking for locations for signature office towers, with international hotel flags looking for a presence in Philadelphia, and with anchor retail and entertainment tenants looking for flagship locations on the east coast," Shapiro said. "We believe the right project has to combine a fabulous retail and entertainment hub that activates the street frontage for pedestrians, with significant tower components that add vitality to the corridor and neighborhood."

Part of the developer's desire is to come up with a project that will connect the area where the Pennsylvania Convention Center is located with the historic area.
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  #15159  
Old Posted Aug 4, 2017, 5:10 PM
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mcgrath618 mcgrath618 is offline
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I think we could be getting a 600 footer there, fingers crossed
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  #15160  
Old Posted Aug 4, 2017, 6:05 PM
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summersm343 summersm343 is offline
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Originally Posted by Boku View Post
Did you grab a different version of this? I'm seeing this as well in the page source:
Looks like the article was updated after I posted it. Thank you for posting the additional information! Very nice to see they're having active talks with companies and hotel operators. I think a mix of office, hotel, residential and retail here is certainly a no brainer.

New title for the article also reads as:

8th & Market parking lot owner hopeful for development deal within 3 years

https://www.bizjournals.com/philadelphia...-parking-goldenberg-cre-development.html
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