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Old 12-21-2011, 01:41 PM
 
Location: West Cedar Park, Philadelphia
1,225 posts, read 2,568,203 times
Reputation: 693

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Quote:
Originally Posted by kidphilly View Post




More updated information here:

1900 Arch Street
This looks way different from the original renderings I saw. I say it's an improvement though.
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Old 12-21-2011, 02:26 PM
 
958 posts, read 1,198,802 times
Reputation: 228
Quote:
Originally Posted by kidphilly View Post
Interesting read

Shopping Center Business (http://www.shoppingcenterbusiness.com/articles/DEC11/story3.shtml - broken link)
Thanks for sharing that. What I really like is that people like the guy from PREIT are so involved in the retail discussions for the city. He does seem to really care about making Philadelphia and his properties especially as great as possible.

I'm curious who the big box retailers they say they signed deals with are. I guess we'll find out in the coming months.
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Old 12-21-2011, 02:27 PM
 
Location: The City
22,378 posts, read 38,946,875 times
Reputation: 7976
Quote:
Originally Posted by couldntthinkofaclevername View Post
Thanks for sharing that. What I really like is that people like the guy from PREIT are so involved in the retail discussions for the city. He does seem to really care about making Philadelphia and his properties especially as great as possible.

I'm curious who the big box retailers they say they signed deals with are. I guess we'll find out in the coming months.

Sounds like Giant and Target
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Old 12-21-2011, 04:01 PM
 
Location: West Cedar Park, Philadelphia
1,225 posts, read 2,568,203 times
Reputation: 693
Quote:
Originally Posted by kidphilly View Post
Sounds like Giant and Target
Big happenins'
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Old 12-21-2011, 11:36 PM
 
958 posts, read 1,198,802 times
Reputation: 228
Quote:
Originally Posted by Marius Pontmercy View Post
Big happenins'
Considering that the Target is supposed to anchor a new shopping and entertainment building at Girard Square, I'd say it is pretty big happenins'.
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Old 12-27-2011, 09:40 AM
 
Location: Center City
7,529 posts, read 10,265,606 times
Reputation: 11023
The lights are finally illuminated on the South Street bridge. It looks pretty cool coming on on the Schuylkill. Here are a few grainy photos:

http://i1129.photobucket.com/albums/m514/johnmurphy02/PB250016.jpg (broken link)

http://i1129.photobucket.com/albums/m514/johnmurphy02/PB250012.jpg (broken link)

http://i1129.photobucket.com/albums/m514/johnmurphy02/PB250018.jpg (broken link)

http://i1129.photobucket.com/albums/m514/johnmurphy02/PB250019.jpg (broken link)

http://i1129.photobucket.com/albums/m514/johnmurphy02/PB250014.jpg (broken link)
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Old 12-28-2011, 03:25 PM
 
Location: On the Rails in Northern NJ
12,380 posts, read 26,861,461 times
Reputation: 4581
ZOMG look at these plans....

http://drexelmasterplan.files.wordpr...09_actions.pdf

* I do see up intill 2027 being built , but after 2027 will have to depend on if the HSL is built.
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Old 12-28-2011, 03:43 PM
 
Location: The City
22,378 posts, read 38,946,875 times
Reputation: 7976
12/27/2011

1900 Arch Project Checks in to Center City Apartment Boom



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Over the next few years we can expect to see over 700 new apartments in the Logan Square and Center City West neighborhoods. A construction boom that is long over due, with all the vacant lots on this side of town the neighborhoods can use a boost to foot traffic. We hope to see also an increase of commercial retail and restaurants in this area. An additional 700 to 1000 residents will surely need an additional grocery store, restaurants, and hopefully a new retail district, if the ACC building ever gets off the ground. Even without the Liberty Property Trust development, this neighborhood has a lot of potential.

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[LEFT]As reported about a month ago the fourteen story, mixed use building designed by Varenhorst Architects, will have 236 apartments, a restaurant, additional commercial and retail space, 131 underground parking spaces, and 79 bicycle parking spaces. the building is certainly ready for the eco-friendly city dweller, two blocks from major public transit, a grocery store, retail and entertainment.[/LEFT]

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Philly Shark: 1900 Arch Project Checks in to Center City Apartment Boom[/CENTER]
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Old 12-28-2011, 03:44 PM
 
Location: The City
22,378 posts, read 38,946,875 times
Reputation: 7976
12/23/2011

2040 Market Gets New Lease on Life



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The former AAA mid-Atlantic headquarters is finally getting second chance, and staking a place in the 21st Century. Ushering in new life to the often barren West Market Street, 8 additional floors will be added to the original 2040 Market building, bringing it to 13 floors. Two additional 13 story wings will be added to the back of the building, along Ludlow Street.

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Designed by Steven Varenhorst Architects, the building will have 275 high-end rental apartments, 32 of which will be two bedroom apartments, at the request of Center City Residents Association, increasing the size of the building from 120,000 square feet to 300,000 square feet. The facade of the original building will be clad with panels that will create bunches of windows, rather than the seamless ribbon of windows it currently has. All parking will be underground, some of it within the existing building and some under the new additions. There will be two entrances to the parking, one on Ludlow and the other unfortunately on Market.

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The retail in the building will be on the corners, replacing the existing wall with a series of bay windows and alcoves on 21st and Market Streets. There will be at least one large restaurant, making the alcoves perfect for outdoor dining. The retail space could also suit a furniture store or car showroom. There will also be a small courtyard on Ludlow Street.

Philly Shark: 2040 Market Gets New Lease on Life
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Old 12-28-2011, 03:45 PM
 
Location: The City
22,378 posts, read 38,946,875 times
Reputation: 7976
12/22/2011

Brandywine Realty Explores New Financing Possibilities



The Radnor real estate investment trust entered into binding agreement for commitments on a new $600 million credit facility and another $600 million of unsecured loans. The transaction is scheduled to close by Feb.1.

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At the closing of those loans, Brandywine will retire an existing $600 million unsecured revolving credit facility and another $183 million term loan, both scheduled to mature on June 29. Nit will have no significant debt maturities until November 2014.

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The company called the $1.2 billion in new bank financing "transformative." Brandywine said it allows the company to not only have no debt maturities in the near future, but also to "execute our business plan objectives." The funds position Brandywine to possibly fund new construction projects it has in the works for Philadelphia; an apartment building at 1919 Market St., another is a rumored student housing complex on one of the Cira sites in and around 30th Street Station.

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Philly Shark: Brandywine Realty Explores New Financing Possibilities[/CENTER]
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