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Originally Posted by Schuylkill Ranger
Looks like they are dropping a 1960's PHA high rise housing project into the middle of an area that " has seen some of the city's highest rents and most robust commercial activity". Only in Philly.
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I don't know why you think it will be a bad project. There's been little detail released, but they are partnered which Alterra Property Group. Alterra is a legitimate outfit and has done some good work:
http://alterraproperty.com/
It is currently in the process of doing a very impressive gut renovation to the Versaille at 16th and Locust.