Quote:
Originally Posted by jsbrook
Anyone know if it's constructed in a manner that additional floors could be built if there is demand later and a developer looking to do it in this spot?
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I for one can't say whether or not it has overbuild capacity.
But I can say that if it does,
this has absolutely not been tipped, reported or announced by anyone, particularly anyone connected with the project (e.g., Midwood Investment, Clemens Construction, Bohlin Cywinski, brokers, etc.).
A couple posters on here have
speculated - in a manner disguised to seem reality-based - that it
must have overbuild capacity given the location. But this speculation is based on no actual real information, just on wishful thinking that no developer in its right mind would build a three-story building at this location.
But given that no one connected with the project has announced anything about overbuild, I'd hazard a guess that,
no, there is no overbuild capacity. But again, that's just an educated guess given the facts on the ground
So I think we need to get over the hope for a highrise at this location anytime in the next couple decades, because we'd probably have heard about it by now if it was any kind of a possibility.
We are stuck with a 3-story building (albeit a very good looking one) here for the foreseeable future.
Let's chalk this one up to our imaginary woulda coulda shoulda thread of Philadelphia skyscrapers that are too short, in the wrong location, or in the wrong style.