PHILADELPHIA | The Development Thread VIII

[summersm343]

Originally Posted by Jelly Roll

It is. 100k or more for each one.

Ah gotcha.

Originally Posted by iamrobk

Jeez, haven't been on here in a long time (haven't logged in since 2009, apparently! woops...), so I doubt anyone remembers me at all. But I'm moving back to Philly in a few months, so it's nice to see there is still development going on.

Welcome back

Originally Posted by hammersklavier

Source??

Believe me, I like the sound of this, but until we can see something in PBJ or the Inky, I feel like it's just a rumor (especially with the depressed office market in the city and Liberty holding some other usable parcels).

Summer--AFAIK it's not Blatstein who's developing 1900 Arch, but rather Philadelphia Management Co., the same guys developing the AAA Building (2040 Market). If this be the case, my bet is that they aren't developing 1900 Arch yet because they are committing their full resources to 2040 Market, and will only develop it when they're done with that project.

Gotcha... makes sense. Let's hope they do get working on 1900 Arch as soon as they're done at 2040 Market