PHILADELPHIA | Highrise Development Thread X

[PHLtoNYC]

Originally Posted by Boku

Pandemic sets back Goldenberg's $150M South Broad project

https://www.bizjournals.com/philadel...t-project.html

Goldenberg loves to sit on properties. Even if this project broke ground tomorrow, its still 2+ years from completion, not sure why they're so hesitant.

Originally Posted by Urbanthusiat

I'll be very impressed if Republic can pull that building off. Looks good and would be very prominent at that height from this location. Will have great views. Republic has a solid track record so now that they've closed on a ground lease, I feel pretty good about this happening. The Business Journal article quotes them saying they expect to break ground before the end of the year.

Yes, they are big in DC area. And I have inside confirmation from a high-up person at Republic, they are 100% committed to this project. The updated rendering is also awesome.

Also glad they see potential in the Philadelphia market, hope it continues.

[summersm343]

CHOP brings in new real estate chief to oversee $3.4B building boom

Who can read this? Article behind paywall. Can see a rendering for a new 23-story patient tower though at the corner of Civic Center Boulevard and Osler Circle in University City. All I can see is the rendering and this "A $1.9 billion patient tower and new hospital are among the projects in the works."

Article:
https://www.bizjournals.com/philadel...al-estate.html

[TempleGuy1000]

Originally Posted by summersm343

CHOP brings in new real estate chief to oversee $3.4B building boom

Who can read this? Article behind paywall. Can see a rendering for a new 23-story patient tower though at the corner of Civic Center Boulevard and Osler Circle in University City. All I can see is the rendering and this "A $1.9 billion patient tower and new hospital are among the projects in the works."

Article:
https://www.bizjournals.com/philadel...al-estate.html

Among the biggest endeavors Moore is overseeing at CHOP is a new 22-story, 300-bed patient tower that is under design and expected to be completed by 2027.

Two other significant projects CHOP is working on are a $600 million, 470,000-square-foot Schuylkill Avenue research building and the Hub for Clinical Collaboration, a 19-story building scheduled to open mid-2022. The Schuylkill Avenue project will help CHOP add research capacity within its campus — a goal it set out in the master plan — and is expected to be completed in 2024.

The Hub is well underway and will allow the hospital to decamp some spaces at other buildings on its campus and shuffle some employees and departments so that it can demolish the Wood building, which is where the new patient tower will rise.

CHOP is also building a 175,000-square-foot facility at 63rd and Market streets that will serve as a centralized supply chain and logistics management site for materials, products, food and other items used throughout CHOP’s campus.

[summersm343]

^^Thanks for sharing!

The plan was always to put a building there as well... and of course, eventually, 2 more towers to the south where the surface parking lot currently is.

All in all though, this is great! At least 2 new towers from CHOP. One on Schuylkill Ave that looks to be somewhere between 12 and 15 floors, an a new patient tower in uCity that looks to be 22-23 floors. Great news!

[700 Level]

Very exciting! And if you are handicapping the chances of proposals moving to reality, the odds have historically been much stronger for these hospitals. These proposals are highly likely to happen.

[PHL10]

I guess I never appreciated that the parking garage is the base for the second tower. That is where this is sited, correct?

[mcgrath618]

The Ultra Labs at University City

[summersm343]

Originally Posted by PHL10

I guess I never appreciated that the parking garage is the base for the second tower. That is where this is sited, correct?

Correct

[700 Level]

Projects with highest likelihood of moving from renderings to reality: hospital towers, Southern Land projects, and PMC.

Projects with the lowest likelihood of moving from renderings to reality: railyard overbuilds, rooftop villages, and anything under the banner "Schuylkill Yards"

[City Wide]

Originally Posted by mcgrath618

The Ultra Labs at University City

Let me ask what might be a dumb question, re "Designed to be one of the world's most advanced cell and gene therapy research, development, and fully engineered cGMP production centers", what would make this building particular to this desired use? I assume any bio lab has to have certain HVAC requirements and floors strong enough to support 'lab equipment' but is there anything special about gene research that needs something special in its design. I'll get on my height horse on this one----I wish it were another 5 or 6 floors taller, but overall it looks like a plus.

[iheartphilly]

^
different lines for lab gases/hookups, wet or dry lab needs, positive pressure rooms, special hoods to filter out chemicals, fumes, different power needs,etc. not all-inclusive list but these would be fairly common.

[PurpleWhiteOut]

Floors 2-4 are also for production, not research, which will have more specific needs than research. I'm not sure, but could be why they went for the SEPTA parcel that's zoned for industrial.