PHILADELPHIA | Lowrise/General Developments Thread - Page 621

Raja · #**12401** Posted **Jul 11, 2019, 1:56 PM**

Quote:

Originally Posted by cardeza

whats at 1620 sansom now???

https://www.bizjournals.com/philadel...portfolio.html

A garage, right?

Edit: jsbrook got it right.

jsbrook · #**12402** Posted **Jul 11, 2019, 2:07 PM**

This new hotel at 5th and Bainbridge is really cool, and so is the story behind it: https://www.inquirer.com/columnists/..._m6hv7Ch5ou2nk Also to be run by Sonder...wow, they are really building a presence here...

iheartphilly · #**12403** Posted **Jul 11, 2019, 2:30 PM**

Is this on our radar? And, will a new thread be created under the lowrise section?

http://www.ocfrealty.com/naked-phill...om-tangen-hall

Urbanthusiat · #**12404** Posted **Jul 11, 2019, 3:14 PM**

Quote:

Originally Posted by cardeza

whats at 1620 sansom now???

https://www.bizjournals.com/philadel...portfolio.html

Looks like Sonder is adding 111 units at 101 Walnut as well (where Wendy's is). That should mean another tower over there. That stretch of town is really getting a lot of highrise proposals lately.

summersm343 · #**12405** Posted **Jul 11, 2019, 3:26 PM**

Tangen Hall, 40th and Sansom update

Read more here:
http://www.ocfrealty.com/naked-phill...om-tangen-hall

summersm343 · #**12406** Posted **Jul 11, 2019, 3:27 PM**

Howard Street Losing a Cool Industrial Building, Gaining a Bunch of Apartments

Read more here:
http://www.ocfrealty.com/naked-phill...nch-apartments

summersm343 · #**12407** Posted **Jul 11, 2019, 3:29 PM**

A new look for stadium district office tower

Quote:

The $80 million office development is a collaboration between Cordish Companies, a Baltimore-based real estate company, and Comcast Spectacor, the entertainment wing of Comcast.

The project is part of an ongoing collaboration between Cordish Companies and Comcast Spectacor. The two corporations also collaborated on the neighboring Xfinity Live complex, that opened in 2012.

Between Pattison Place and Xfinity Live, the companies plan to install a large fountain and a hotel complex.

Read more here:
http://planphilly.com/articles/2019/...t-office-tower

jsbrook · #**12408** Posted **Jul 11, 2019, 4:32 PM**

Stadium tower looks crappy. Not much better, if at all, than the original. But I'll give it a pass based on its location.

iheartphilly · #**12409** Posted **Jul 11, 2019, 4:41 PM**

Quote:

Originally Posted by jsbrook

Stadium tower looks crappy. Not much better, if at all, than the original. But I'll give it a pass based on its location.

They should run over to the Navy Yard and check out some of the cool designs for inspiration. Can't believe the Art Commission thought this was better than the original. It's still a pig with lipstick.

65 Feet · #**12410** Posted **Jul 12, 2019, 1:10 PM**

Quote:

Originally Posted by Jayfar

Details?

What details are you interested in ?

BTW the hotel plan at 4th and Vine is also dead. The build owner who is head of the North Bridge Civic Association lied to the surrounding owners which got them to retaliate.

cardeza · #**12411** Posted **Jul 12, 2019, 2:12 PM**

Quote:

Originally Posted by jsbrook

Good catch. I believe this big parking garage stretches from 1608-1634 Sansom.

https://www.google.com/maps/place/16...!4d-75.1677997

Boom! (I hope this really does mean new development that takes out a garage and isn't an address typo by Natalie)

Nice. Very similar to whats about to happen at 12th and Sansom

Jayfar · #**12412** Posted **Jul 12, 2019, 2:38 PM**

Quote:

Originally Posted by 65 Feet

A single person was able to kill this project

Quote:

Originally Posted by Jayfar

Details?

Quote:

Originally Posted by 65 Feet

What details are you interested in ?

All of them. This was in reference to 2nd & Race, right?

jsbrook · #**12413** Posted **Jul 12, 2019, 5:19 PM**

Quote:

Originally Posted by iheartphilly

They should run over to the Navy Yard and check out some of the cool designs for inspiration. Can't believe the Art Commission thought this was better than the original. It's still a pig with lipstick.

Yep. And I'm not sure you can really call a building that is much wider than it is tall a tower. But this area really needs development so I'll give it a pass. Nearly all if not all of the architecture by DC's baseball stadium is pretty terrible too. But it's been good for the city, especially younger professionals as it's a bit cheaper than neighborhoods like Dupont, Logan Circle and maybe even U Street/14th. On another note, nice TOD development planned for Kensington: http://www.philarising.com/17-unit-m...to-kensington/

iheartphilly · #**12414** Posted **Jul 12, 2019, 6:41 PM**

Quote:

Originally Posted by jsbrook

Yep. And I'm not sure you can really call a building that is much wider than it is tall a tower. But this area really needs development so I'll give it a pass. Nearly all if not all of the architecture by DC's baseball stadium is pretty terrible too. But it's been good for the city, especially younger professionals as it's a bit cheaper than neighborhoods like Dupont, Logan Circle and maybe even U Street/14th. On another note, nice TOD development planned for Kensington: http://www.philarising.com/17-unit-m...to-kensington/

Yeah, I give it a pass too but disappointed with the design nonetheless. It's an attractive location by the interstate and with all that is happening around the stadium complex, I think they should invest more in the design. I can see it being attractive place for companies to sign a lease there.

Nice find on the mixed-use in Kensington and I believe it will continue to change for the better over the next 5-10 years.

65 Feet · #**12415** Posted **Jul 14, 2019, 10:18 PM**

Quote:

Originally Posted by Jayfar

All of them. This was in reference to 2nd & Race, right?

Yes 2nd and Race on Swifts property.

It could have to do that it exceeds the height limit, that's it sits outside of Squila's exclusion zone across the street, that when they built Bridge on Race across the street a ground shift and vibration damaged several buildings in the area, or maybe it was just because it's fugly and designs like this need to stay in the Meatpacking District and Chelsea. As for stating who the person was, forgetaboutit....... There was also a much larger "Plan B" by several big names in case this stop failed. It had absolutely nothing to do with the mayor's favorite watering hole next to it.

3rd&Brown · #**12416** Posted **Jul 15, 2019, 12:16 AM**

Quote:

Originally Posted by iheartphilly

Yeah, I give it a pass too but disappointed with the design nonetheless. It's an attractive location by the interstate and with all that is happening around the stadium complex, I think they should invest more in the design. I can see it being attractive place for companies to sign a lease there.

Nice find on the mixed-use in Kensington and I believe it will continue to change for the better over the next 5-10 years.

If it’s only $80MM to construct, I imagine the rents will be quite reasonable. It could end up being an interesting sub market, if you want new construction in a theoretically interesting area without paying Center City or West Philly rents.

iheartphilly · #**12417** Posted **Jul 15, 2019, 1:04 PM**

^
Good points. Maybe a proxy to Navy Yard rent rates too.

jsbrook · #**12418** Posted **Jul 15, 2019, 1:47 PM**

Quote:

Originally Posted by iheartphilly

^
Good points. Maybe a proxy to Navy Yard rent rates too.

I would think rental rates in the Navy Yard would generally be higher than by the Stadium. A lot of the properties in the Navy Yard have KIZ (Keystone Innovation Zone) incentives, though. And a few are also KOZ.

Redddog · #**12419** Posted **Jul 15, 2019, 2:39 PM**

Quote:

Originally Posted by 65 Feet

...BTW the hotel plan at 4th and Vine is also dead...

For like 5 years now. Isn't this the site where they are completing the huge townhouse project?

65 Feet · #**12420** Posted **Jul 15, 2019, 4:16 PM**

Quote:

Originally Posted by Redddog

For like 5 years now. Isn't this the site where they are completing the huge townhouse project?

I thought you lived in Old City ? LOL

https://www.inquirer.com/news/old-ci...-20190705.html