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  #2361  
Old Posted Jan 12, 2018, 6:27 PM
jsbrook jsbrook is offline
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Originally Posted by domodeez View Post
Office Occupancy Up in Downtown Wilmington

http://www.delawarebusinesstimes.com...ancy-downtown/
Great news!
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  #2362  
Old Posted Jan 12, 2018, 7:18 PM
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Originally Posted by domodeez View Post
Office Occupancy Up in Downtown Wilmington

http://www.delawarebusinesstimes.com...ancy-downtown/
Great! This is what Wilmington should be focusing on more! Question for anybody: Have any companies shown interest in wanting to come to Wilmington? I think that if companies do show interest but want modern office space, that they could either build an office tower in one of the countless downtown parking lots or Wilmington could sign a deal with them to share the cost to modify buildings like the Brandywine Building, Hercules Plaza, etc (since the cost to modify downtown office buildings for modern tenants in Wilmington has kept them from doing so). I personally think that if we can dramatically decrease the crime numbers here, add better food options for businesses, and build more mixed-use space, then Wilmington would become far more attractable for businesses. (Also if we could get air service in Wilmington and get it known to businesses too. Frontier had potential in 2013-14, but screwed themselves up in late 2014-2015)

BTW Any news on Amazon HQ2? When are they going to make the decision where their 2nd Headquarters will go?
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  #2363  
Old Posted Jan 12, 2018, 8:23 PM
Nova08 Nova08 is offline
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Originally Posted by jonesrmj View Post
(Also if we could get air service in Wilmington and get it known to businesses too. Frontier had potential in 2013-14, but screwed themselves up in late 2014-2015)
IMO, air service into New Castle will do little for attracting business. The problem is that business travelers rely on frequency and number of destinations. A flight or two a day to OHare or Atlanta does not help much when people still have to connect from any other destination. They'll opt for nonstops via BWI or PHL.

Frontier's low cost infrequent service really does not attract business travelers. Plus with their growth in PHL and WN/Spirit in BWI, it really put a squeeze at New Castle.
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  #2364  
Old Posted Jan 12, 2018, 8:45 PM
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^ You'd need something like what my brother-in-law had in Belgium. He used Ryanair from Charleroi over "mainstream" carriers from Brussels. You'd need a discount carrier with frequent enough services to many destinations to make New Castle into Philly's Charleroi. That might have some side benefits on the attractiveness of setting up shop in Wilmington.
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  #2365  
Old Posted Jan 12, 2018, 10:28 PM
Nova08 Nova08 is offline
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Originally Posted by PhilliesPhan View Post
To address your points:

#'s 1 and 2.) SEPTA does indeed face a crew shortage, which it is currently trying to rectify. Once appropriate staffing levels are achieved, however, it should look to negotiate with the BLEW regarding the automation of certain trainsets. The only way that RER-style service will be achieved is through automating a small portion of the fleet.

#3.) My reasoning behind the Cynwyd Line is due to the fact that it has the most components of a rapid transit line compared to any of the other Regional Rail lines. The Cynwyd Line terminates at Platform 7 in Suburban, has only five stations (three of which have high-level platforms), it is no longer speed-restricted since SEPTA decommissioned the bridge over the main line, it serves a relatively population and job-dense area, and it stops near major arterial roads. Bala Station could be the focal point of the project, as it passes under City Avenue. Not only are St. Joe's and a number of office buildings a short walk away, but a number of bus lines traverse it. Passengers on the 1, 44, 52 (extended from 54th-City to Bala), and 65 could transfer seamlessly to the new Cynwyd rapid transit service for a fast connection to Center City.

One thing I forgot to mention in my previous post is fare integration. The Cynwyd Line would have the same fare as any transit route under my plan. Fare integration, along with the accessibility and efficiency of boarding that high-level platforms bring (it would be easier to build them at Bala and Cynwyd than to retrofit a longer line), are two other reasons that I'd prefer to start with the Cynwyd Line.

#3a.) After evaluating the success of a line that isn't through-routed via the Commuter Tunnel, the first pair of lines I'd recommend would be the Fox Chase and Chestnut Hill West (R8 pair). Like the Cynwyd Line, both are short lines that terminate within the city or just outside of it. Unlike the Cynwyd Line, however, it would run through the Tunnel and test the capacity of SEPTA's Main Line. Additionally, it would test the strength of SEPTA/Amtrak communication with more trains running over NORTH PHILADELPHIA interlocking. The next recommendation would test the strength of running RER-style service north of NEWTOWN interlocking.

#3b.) The next pair would be the R5 pair: the Paoli/Thorndale and Lansdale/Doylestown. Since this pair has multiple destinations, I'd recommend running Thorndale*-Doylestown, Malvern-Link Belt, and Bryn Mawr**-Lansdale routes. After preliminary testing is completed, this would be the line to really get ridership going.

*I believe that the Paoli/Thorndale Line should be extended to Parkesburg via Coatesville. There's also the question of a new line heading from Lansdale to at least Shelly or Quakerstown.

**With the potential for a new interlocking at Villanova, that station may take the place of Bryn Mawr
1.) I'm not sure I understand "automating of trainsets." Meaning driverless vehicles? If so, driverless regional rail trainsets are likely 10+ years away....and that's generous. Self contained driver less routes is one thing (Something like the Girard Ave trolley), but it's a different ball game when operating on Amtrak's NEC territory.

3.) Good points here. High level platforms, length of route, logistics in Suburban are key factors to the operational efficiencies required in a high frequency environment. I'd hope that the full roll out of the Septa key will simply ticket sales and enable swifter changes to fare rules as necessary. Though, the little I've read up on the Septa Key, I feel as though it is already an outdated technology/process.

3a.) Even if Amtrak/Septa become best buds, I highly doubt Amtrak will allow Septa many more Chestnut Hill West trains over North Philadelphia interlocking It creates too much of a bottleneck risk for Amtrak.

Septa has a similar interlocking just below on the Reading main for the Norristown line. They benefit from being the dispatching railroad and full of $5-10 fares, not $100+ fares. I also once heard that Septa pads the schedule by something like 10 minutes around Allegheny so the trains don't miss their window to merge onto the Reading main.

We've discussed the operational needs of implementing such a service, but the more important piece is passengers and subsequently $$$.
1.)Current ridership must be evaluated to determine the impact and benefit of providing more frequent service
2.)They'll need to study the potential of gaining additional passengers due to more frequent and reliable service

We only know the current ridership aspect of 1 and don't know 2.
2017 stats
Cynwyd
13 out of 13 Avg. weekday ridership
9th in operating ratio
Fox Chase
11th in Avg. weekday ridership
6th in operating ratio
Chestnut Hill West
10th in Avg. weekday ridership
11th in operating ratio

So while these lines offer some operational upsides, they are all at the bottom of the barrel when it comes to current ridership. And with more trains over the NEC on Cywyd/CHW, I'd suspect that the cost will go up with fees to Amtrak. Even if these lines saw a 20% increase in weekday ridership, they'd still be about 50-75% less than the daily ridership of the most traveled lines. Out of the 3, I'd say Fox Chase would be the best candidate.
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  #2366  
Old Posted Jan 13, 2018, 2:24 AM
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Originally Posted by Nova08 View Post
IMO, air service into New Castle will do little for attracting business. The problem is that business travelers rely on frequency and number of destinations. A flight or two a day to OHare or Atlanta does not help much when people still have to connect from any other destination. They'll opt for nonstops via BWI or PHL.

Frontier's low cost infrequent service really does not attract business travelers. Plus with their growth in PHL and WN/Spirit in BWI, it really put a squeeze at New Castle.
It's actually called "Wilmington Airport" now. They changed the name in mid 2017.

Quote:
Once officially called the New Castle County Airport, the facility recently changed its name to the Wilmington Airport, a DRBA spokesperson said.
(Source: http://www.delawareonline.com/story/...ant/694324001/)

Also, I do see your point. Business travelers are usually attracted to more business class airlines (American, Delta, United, etc) which is indeed true, but I also agree with Knight Hospitaller. The biggest reason why many airlines have failed in Wilmington is because they have not made any effort to be attractable here. Delta for instance used small regional jets that only flew to one destination. Frontier had potential when they came in 2013 because they flew to more destinations and used their airbuses. They were successful because they later announced in 2014 that they would add flights to 3 more destinations.

The downfall of Frontier began when they began to transform into an ultra-low cost carrier. Republic Airways Holding sold the airline to Indigo Partners, which caused Frontier to cut costs. They've planned to suspend flights out of Wilmington in December, but they move them to November at last minute, giving people tickets to cancelled flights. This angered many flyers and caused Frontier to loose its reputation. Today, Frontier Airlines ranks as the worst U.S. Airline according to the Airline Quality Ratings Report: (Source:http://pointmetotheplane.boardingare...onor-now-goes/).

What airlines need to do when they come to Wilmington is to provide us with a trustworthy experience with multiple destinations to fly to and great customer service if they want to succeed.
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  #2367  
Old Posted Jan 13, 2018, 7:31 PM
jsbrook jsbrook is offline
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Originally Posted by jonesrmj View Post
It's actually called "Wilmington Airport" now. They changed the name in mid 2017.


(Source: http://www.delawareonline.com/story/...ant/694324001/)

Also, I do see your point. Business travelers are usually attracted to more business class airlines (American, Delta, United, etc) which is indeed true, but I also agree with Knight Hospitaller. The biggest reason why many airlines have failed in Wilmington is because they have not made any effort to be attractable here. Delta for instance used small regional jets that only flew to one destination. Frontier had potential when they came in 2013 because they flew to more destinations and used their airbuses. They were successful because they later announced in 2014 that they would add flights to 3 more destinations.

The downfall of Frontier began when they began to transform into an ultra-low cost carrier. Republic Airways Holding sold the airline to Indigo Partners, which caused Frontier to cut costs. They've planned to suspend flights out of Wilmington in December, but they move them to November at last minute, giving people tickets to cancelled flights. This angered many flyers and caused Frontier to loose its reputation. Today, Frontier Airlines ranks as the worst U.S. Airline according to the Airline Quality Ratings Report: (Source:http://pointmetotheplane.boardingare...onor-now-goes/).

What airlines need to do when they come to Wilmington is to provide us with a trustworthy experience with multiple destinations to fly to and great customer service if they want to succeed.
Possibly. But it's a chicken/egg thing. There may not be enough demand for traditional airlines to fly to multiple destinations from Wilmington to justify the increased costs of operating there. The Philly airport is nearly as close or closer for some Delaware suburbs. While it would be more convenient for some people in Wilmington proper and surrounding suburbs, there may not be enough of those people to justify the operating costs.
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  #2368  
Old Posted Jan 17, 2018, 1:30 PM
Nova08 Nova08 is offline
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MLP Ventures buys portfolio from Liberty Property for $77M

https://www.bizjournals.com/philadel...st-campus.html

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MLP Ventures, formerly known as O’Neill Properties Group has expanded its King of Prussia, Pa., presence and paid $76.9 million to buy 14 properties from Liberty Property Trust
Quote:
In a separate deal, Liberty sold 2301 Renaissance Blvd., a 189,502 square foot office, for $47 million. The building is occupied by Vertex Inc., which signed an 11-year lease on 168,000 square feet at the building for its headquarters. M&H Properties was the buyer. Doug Rodio and Brett Segal of HFF arranged the sale.
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  #2369  
Old Posted Jan 17, 2018, 7:14 PM
christof christof is offline
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So does Philly make a play to host this second proposed Apple headquarters?
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  #2370  
Old Posted Jan 17, 2018, 8:17 PM
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So does Philly make a play to host this second proposed Apple headquarters?
Wait. Apple is planning to build a second headquarters like Amazon? If so, I think Philly could have a chance. Also, speaking of Amazon, when are they announcing where their HQ2 will go?
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  #2371  
Old Posted Jan 18, 2018, 11:09 PM
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Whomp whomp

Teva announces Philadelphia-area layoffs of more than 200

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Teva Pharmaceuticals, which has its North American headquarters in North Wales, will lay off 208 people this year at Philadelphia-area operations, according to a notices filed Thursday with the Pennsylvania Department of Labor and Industry.

The company notified state regulators that it would cut 65 jobs at two locations in North Wales and Horsham, 47 jobs in West Chester, and 96 jobs in Frazer and Great Valley. The notices were listed as layoffs, scheduled to happen between Thursday and the end of the year, rather than closures.
Read more here:
http://www.philly.com/philly/busines...-20180118.html
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  #2372  
Old Posted Jan 19, 2018, 1:08 AM
jjv007 jjv007 is online now
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Originally Posted by summersm343 View Post
Teva announces Philadelphia-area layoffs of more than 200



Read more here:
http://www.philly.com/philly/busines...-20180118.html
unfortunate.
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  #2373  
Old Posted Jan 19, 2018, 1:51 AM
domodeez domodeez is offline
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Wilmington - Residence at Mid-Town Park

Balcony railings are in on the larger building. Cladding is also moving along - i'll grab another shot in the next few days.

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  #2374  
Old Posted Jan 19, 2018, 2:22 AM
Nova08 Nova08 is offline
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Originally Posted by summersm343 View Post
Teva announces Philadelphia-area layoffs of more than 200



Read more here:
http://www.philly.com/philly/busines...-20180118.html
The initial reports a few months ago were that Teva was considering thousands of US job cuts. While unfortunate, at least they are not completely slashing the Philly workforce. As a reference, they employ ~2,000 in several PA facilities.
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  #2375  
Old Posted Jan 19, 2018, 2:14 PM
Scottydont Scottydont is offline
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Originally Posted by Nova08 View Post
The initial reports a few months ago were that Teva was considering thousands of US job cuts. While unfortunate, at least they are not completely slashing the Philly workforce. As a reference, they employ ~2,000 in several PA facilities.
This is how the pharma industry works sometimes. A company can spend years developing a new drug, and if it doesn't make it through the different clinical trial phases, there's not much the company can do and they've got to cut staff. In this case, it might have to do with Teva losing its patent on a major drug
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  #2376  
Old Posted Jan 19, 2018, 6:04 PM
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Does anybody know when Amazon is deciding where their HQ2 will go?
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  #2377  
Old Posted Jan 19, 2018, 6:51 PM
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Does anybody know when Amazon is deciding where their HQ2 will go?
No one knows.
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  #2378  
Old Posted Jan 20, 2018, 6:06 AM
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Does anybody know when Amazon is deciding where their HQ2 will go?
Later this year, but they haven't specified exactly when.
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  #2379  
Old Posted Jan 20, 2018, 2:01 PM
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Thanks for the Midtown Park apts - Wilmington updates.

I actually wish the cladding was going to look more like this (what is there now) then the gray/tan sort of panels that will be the finished product. The black would've given it a sort of modern-Scandinavian design type of feel. Like 'The Study' in University City.

The Study:


vs.

Midtown Park completed:
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  #2380  
Old Posted Jan 20, 2018, 10:27 PM
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Amazon reveals 20 cities that could be the home of their next headquarters!

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Amazon has revealed 20 cities that could be the next home of its second North American headquarters, dubbed HQ2.

The candidates, selected from 238 applicants, will move to the next round of Amazon's selection process, the company said Thursday. Amazon will make a final decision on the site of its new headquarters this year.

The list of candidates includes Atlanta, Austin, Boston, Chicago, Dallas, Denver, Washington, DC, and Columbus, Ohio.

Amazon said it would work with each city to "dive deeper into their proposals, request additional information, and evaluate the feasibility of a future partnership that can accommodate the company's hiring plans as well as benefit its employees and the local community."

Amazon has promised a $5 billion investment and up to 50,000 high-paying jobs to the city where it builds the headquarters.
Read More - http://www.businessinsider.com/amazo...didates-2018-1

Philadelphia is on the list! I have a feeling that Amazon will most likely pick an East Coast city since it's other headquarters is on the West Coast.
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