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Old 03-24-2009, 07:22 PM
 
Location: Philadelphia
172 posts, read 764,712 times
Reputation: 74

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I want to see this huge building built, but so far, I'm not sure if it actually is going to be a real. Will it eventually get built so it can change the skyline forever?
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Old 04-10-2010, 12:01 PM
 
Location: Gettysburg, Pennsylvania, Adams County
20 posts, read 42,576 times
Reputation: 31
I dont know. Im trying to find out the same thing lol. But i hope so.
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Old 06-23-2010, 08:12 PM
 
Location: Philly
126 posts, read 273,413 times
Reputation: 98
Default Anyone know about the American Commerce Center?

They new skyscraper that is going to be built in Philadelphia, any news on when thats going to begin construction?
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Old 06-23-2010, 09:21 PM
 
Location: West Cedar Park, Philadelphia
1,225 posts, read 2,275,936 times
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It's on hold like a lot of similar projects (the Chicago Spire comes to mind) Basically they don't have the funding or any prospective tenants to fill the place, so they're not about to break ground any time soon. Everything else is in place, the money just isn't there.
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Old 06-24-2010, 06:56 AM
 
5,351 posts, read 5,570,613 times
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Quote:
Originally Posted by Marius Pontmercy View Post
It's on hold like a lot of similar projects (the Chicago Spire comes to mind) Basically they don't have the funding or any prospective tenants to fill the place, so they're not about to break ground any time soon. Everything else is in place, the money just isn't there.
Do you know if it's because of the economic slump we've been in, or is the money problem disconnected from our current situation? Hopefully this question makes sense. Basically, I'm curious if this project would be underway if the recession hadn't hit.
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Old 06-24-2010, 07:03 AM
 
Location: West Cedar Park, Philadelphia
1,225 posts, read 2,275,936 times
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Quote:
Originally Posted by AJNEOA View Post
Do you know if it's because of the economic slump we've been in, or is the money problem disconnected from our current situation? Hopefully this question makes sense. Basically, I'm curious if this project would be underway if the recession hadn't hit.
I think everything has been somewhat effected by the economic slump, and this is no exception. The demand for more office and retail space isn't there because nobody wants to foot the bill for an $800 skyscraper to create that new space. If the economic situation improved where the city and businesses in it had cash to throw around, and new space was in demand then it would be built. Right now there's still a lot of vacancies in existing buildings which can be filled right away, and without the extra costs of having to build new. Unless the recession turns into a full blown depression I would expect this to be built sometime in the future, and even then if the city's fortunes improve independently from the rest of the country you could still see the demand and investment needed to get it built, although it may not pay off the initial investment for a while.
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Old 07-25-2010, 08:04 PM
 
19 posts, read 48,209 times
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I think that the building of the American Commerce Centre will once and for all, put our beloved city on the map for years to come. Its about time that tourists who come to the east coast, want to come to
Philly and not always Boston or New York. Upon completion, we will have one of the largest skyscrapers
in the world! How exciting! It will be comparable to when the Empire State Building was built and every-
body in the world wanted to see it. So many wonderful improvements to the city have happened in the
last 20 years and the American Commerce Centre will be the crowning achievement! I pray it becomes
a reality!
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Old 07-27-2010, 03:07 PM
 
1,261 posts, read 1,805,651 times
Reputation: 372
One Skyscraper isn't gonna change that.

I don't know about Boston, but Philly will ALWAYS be outclassed by DC and New York, because they are DC AND NEW YORK.

Marseilles ain't Paris, Milan ain't Rome, Munich isn't Berlin, etc. but they are still all great cities with unique character.
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Old 07-27-2010, 08:48 PM
 
Location: Philadelphia
172 posts, read 764,712 times
Reputation: 74
I know that the building was approved by city council right when the recession hit, but it is currently on hold. I read earlier that Hill International already had money pulled to the side, reserved for the $800,000,000 building, but did not have adequate tenants and businesses to fill the 2,220,000 sq. feet of office space it would create. The Bell Atlantic Tower is becoming very vacant, so I believe Hill International is just crossing their fingers that this recession will pass us soon, and break ground once Philadelphia businesses can breath again. The idea for it was made during the real estate boom and the architects worked with élan, where new condos would be on the skyline every time you woke up. But to answer your question, i read they wanted to start the latest by 2012.
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Old 07-28-2010, 07:02 AM
 
5,351 posts, read 5,570,613 times
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Quote:
Originally Posted by waltlantz View Post
One Skyscraper isn't gonna change that.

I don't know about Boston, but Philly will ALWAYS be outclassed by DC and New York, because they are DC AND NEW YORK.

Marseilles ain't Paris, Milan ain't Rome, Munich isn't Berlin, etc. but they are still all great cities with unique character.
I disagree with this. I've traveled a lot, and I believe that cities that are branded as being in the shadows of others are some of the greatest cities in the world, especially Milan.

My wife and I are currently trying to plan a move to another larger city in the NE, and Philly is number 1 on our list. I think Philly is a real city, with grit and culture and history. I always prefer Philly over DC (just my preference). It feels more authentic to me, and I feel like it has a strong sense of identity. The food is just spectacular, and the cost of living in Philly is far better than NYC or DC. I also like Philly's size...large, but digestible

Philly has a great skyline already, even without the ACC. It seems that there are other towers being built that will fall into the mid-range height category, which will further the city's density. I think the ACC would be great, and it certainly would generate buzz around Philly. However, I don't think the city needs it to continue attracting business and residents.
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