[Don098]

Questioned by analysts, Sweeney said "a couple of larger tenants are looking at a large bloc of space" in the complex, but "in this environment" he's not scheduling work. Brandywine has at least until 2010 to begin hanging iron or face losing the site, he added.

That's key. If nothing starts moving next year, I think it will be safe to say that this project is dead. For now, it looks like it's on pause like I thought. Are all developers in the country holding off on their proposed projects, or could U. Penn hire another nationally-regarded developer that is a little more experienced and stable? I thought U. Penn's staff really needed this space, and that the project was anchored by U. Penn's master plan, and partly some of its financing?