[Pennsgrant]

vmx I think you have to take into account who you are dealing with here, and you have to give points for the location as well. Brandywine already has a 20 year lease signed with the IRS ( golden) and the other major player is U.Penn whose collateral speaks for itself and is seemingly on a singular mission to keep Philadelphias economy humming. If Penn wanted no part of these towers,i don't think it happens either but Penn is on record as being a key player in this project. If this were a Brandywine Realty spec. project along the Delaware River I'd agree with you 100%, but considering the location,considering the project is Koz eligible there is no reason to think one of the largest real estate companies in the country can't pull this entire project off.

Alot of important people in harrisburg and Washington DC made this project a possibility.This isn't some casual project being thrown up against the wall just for the hell of it.