Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Philly is still mostly in proposal/approved stage now anyway, so technically it doesn't have that many high rises literally "rising" yet to contend. Its economy is not as strong as Boston's, DC's, SF's, or Seattle's, and it doesn't have Latin American flight money like Miami does, so I'm going to sit back and wait for cranes to appear and steel to rise before I consider all of these proposals as done deals.
So currently there are 4 residential towers(20+) underway in University City. And 2 medical towers just below 20 stories. 6 cranes up right now. Most of the current construction in Center City is low-mid riseand in the planning stage. I tend to agree with you that Philadlephia is really 6 months to a year away from turning some heads in regards to high rise construction.
By then the 6 new University City towers will be in the 250'-500'range. And the big projects will start to rise in Center City.
These are the 4 lead pipe locks
Comcast- 1121' 100% will happen
SLS Tower-562' developers track record is beyond reproach
FMC Tower-650' 100% will happen
Chop Tower -375' 100% will happen
9 other announced proposals of 20+ stories that I can remember, a few of which will fall through the cracks imo . And a slew of midrise residential.
Of the last five years, given costs and land availability and economic health, I would say- Dallas/Fort Worth has been and maybe still be based on the following variables.
Road construction; new beltway, new tollway,another tollway under construction, both sides of I-35 being rebuilt now, I-635 being rebuilt now,
rail lines -three new
Cultural venue expansions - New Museum and expansion of another, Cowboys Stadium, new arts venue, and new signature bridge
Office and industrial buildings - check Rosen Consulting website
Housing -top three in housing starts In U.S.
Airport expansion - both airports
Medical - new billion dollar Parkland/Dallas County Hospital complex almost finished.
Atlanta has to catch up because the financial/housing crises hit hard.
t
San Francisco Bay area is doing very well but cost of business and California's heavy regulation hinders pace of expansion.
NYC - costs is prohibitive. WTC rebuild is winding down by 2015. Then what? population growth is slowing down - 8.003 million in 2000 vs. 8.337 million 13 years later. In the 1990s, the city grew by 750,000.
Denver and Seattle are doing good but housing has gotten pricey. Both will benefit from even pricier west coast cities
Philly's got HORRIBLE public school system and crime rate is problematic.
Second, such growth implies significant population growth. I've checked census data and don't see Philly as being flooded with hundreds of thousands of new residents.
Do you have data showing significant pre-leasing? Or are some of these projects more to replace aging/outdated facilities?
Between 1970 and 2012, the city declined from 2 million residents to 1.5 million - 25%! T For Temple U | Foobooz
it grew since 2010 about 40,000.
Metro area growth is better 278,000 in 22 years - https://www.census.gov/compendia/sta...es/12s0020.pdf
but that's only 10,000 resident's per year. Dallas/Fort Worth - 1.2MM people over the same period or 100k/year
Philly's got HORRIBLE public school system and crime rate is problematic.
Second, such growth implies significant population growth. I've checked census data and don't see Philly as being flooded with hundreds of thousands of new residents.
Do you have data showing significant pre-leasing? Or are some of these projects more to replace aging/outdated facilities?
Between 1970 and 2012, the city declined from 2 million residents to 1.5 million - 25%! T For Temple U | Foobooz
it grew since 2010 about 40,000.
Metro area growth is better 278,000 in 22 years - https://www.census.gov/compendia/sta...es/12s0020.pdf
but that's only 10,000 resident's per year. Dallas/Fort Worth - 1.2MM people over the same period or 100k/year
You are looking at old data - Philly is growing again and most is centered around DT (Center City/U City as we call them here)
According to the Census only one (sorry had this wrong should be 2) DT added more new residents last decade - that was NYC (and Chicago - not DC, not Boston, Not Seattle, not LA, and not SF)
largest Sq footage not by retail sq footage - that is KOP in suburban Philadelphia
Both MOA and KOP are adding retail - not sure which will be larger in the end and honestly dont care - they are both too large for my liking as they are
Excellent, objective response. I agree as I lived in Arlington and Vienna and metro Atlanta.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Most Projects...
