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  #201  
Old Posted Mar 12, 2008, 11:34 PM
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It will be a nice little second skyline when everything is said and done. Right now the two WFS towers look like the projects
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  #202  
Old Posted Mar 13, 2008, 2:13 PM
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UPDATE Last updated: March 12, 2008 01:49pm

Law Signing Spurs Start of $300M Trump Tower
By Gina Kenny

PHILADELPHIA-Following action by Gov. Ed Rendell, construction is expected to begin on Trump Tower Philadelphia, which will be constructed along the Delaware River at 709-17 N. Penn St. The estimated cost of the 225-unit project is $300 million, a Trump spokeswoman says.

Last week, Rendell signed a law allowing riparian rights for the New York City-based Trump Organization to construct the 45-story tower. The governor’s action ends a moratorium on riparian development of riverfront properties since April 2006, according to a released statement from New York City-based Multi Capital Group, which is an equity partner for Trump Tower Philadelphia.

The Trump Organization will have to pay a one-time fee of $5 per sf of land and a $1 per sf of building fee for a 99-year riparian lease, according to the release. A Trump spokeswoman says that she did not know the total size of the building or the amount of the fee that would be paid. The riparian lease was one of the last things needed for the Trump Organization to break ground, the spokeswoman says. Work on pilings of the pier is under way now and “construction should start very soon,” she says.

Condo units will range in size from nearly 1,200 sf to about 3,500 sf with sales prices ranging from “the low to mid $700,000’s” to $3.8 million, the spokeswoman tells GlobeSt.com. There have been no sales yet. The sales center opened approximately a month ago and there have been a lot of inquiries, she says. Luxury Marketing & Sales, based in New York City, is handling unit sales and marketing.

The development will have 60,000 sf of amenities including a pool, tennis court and putting green designed by golfer Tom Fazio, the spokeswoman says. The tower will also have a fitness center, spa, indoor parking and a five-star restaurant. Donald Trump is in the process of choosing a chef for the restaurant, the spokeswoman says. The tower is expected to be completed in 2010.

The moratorium on riparian development of riverfront properties was not the only stumbling block. Shortly after the moratorium was put in place, a city councilman proposed a bill that would have changed the property’s zoning to industrial, as GlobeSt.com reported in June 2006.

http://www.globest.com/news/1113_111...1.html?type=pf
     
     
  #203  
Old Posted Mar 13, 2008, 2:57 PM
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Originally Posted by NeilYoungisGood View Post
I believe Trump is at 548' and Waterfront's Tallest Tower is to be 409'. Tallest Waterfront Sqaure Tower now is 339' which is the Regatta (Tower farther north). BVT is to be in the 915' range.
Originally Trump was planned at 528' (reflected in the title of this thread) but more recently, skyscraper (who works for the company designing the tower) has said that the redesigned version is something like 503'.
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  #204  
Old Posted Mar 13, 2008, 6:52 PM
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oOooH! Looks like excitement! Can't wait for this to start! YES@!
     
     
  #205  
Old Posted Apr 8, 2008, 2:43 PM
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For what it's worth, The Donald took out a full page ad in today's Inquirer (A9) for Trump Tower Philadelphia advertising residences from $700k to $3.5 million.
     
     
  #206  
Old Posted Apr 8, 2008, 3:50 PM
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Admittedly, I was hoping this thing had died...
     
     
  #207  
Old Posted Apr 8, 2008, 3:58 PM
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I agree. Very "blah" project.

     
     
  #208  
Old Posted Apr 8, 2008, 4:00 PM
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For what it's worth, The Donald took out a full page ad in today's Inquirer (A9) for Trump Tower Philadelphia advertising residences from $700k to $3.5 million.
People with that kind of money want to be in Rittenhouse Square or Society Hill. North Delaware Avenue is a tough sell at that price point. Witness all the difficulty Dockside has had in selling out its condos; and Dockside is a lot less isolated.
     
     
  #209  
Old Posted Apr 8, 2008, 4:04 PM
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Yea I was thinking who the hell wants to spend almost a million dollars to live on Delaware Avenue, especially with the threat of cheap casinos...

...notice not a single sale has been made yet Is this being funded personally by Trump?
     
     
  #210  
Old Posted Apr 8, 2008, 4:16 PM
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Yea I was thinking who the hell wants to spend almost a million dollars to live on Delaware Avenue, especially with the threat of cheap casinos...

...notice not a single sale has been made yet Is this being funded personally by Trump?
I give up
     
     
  #211  
Old Posted Apr 8, 2008, 4:21 PM
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So then you guys would rather have nothing there at all than a somewhat bland 500 foot something tall building? Hmm okay.
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  #212  
Old Posted Apr 8, 2008, 4:37 PM
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So then you guys would rather have nothing there at all than a somewhat bland 500 foot something tall building? Hmm okay.
Honestly...absolutely yes.
     
     
  #213  
Old Posted Apr 8, 2008, 6:04 PM
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i'd rather have the building. it would at least add some light to that dark, desolate riverfront plot.

and all that activity may spark a few retail stores to crop up as well.
     
     
  #214  
Old Posted Apr 8, 2008, 6:46 PM
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My issue with the tower is that it's a boring box that sits on top of a parking deck offering no public waterfront access as far as I'm aware. And even if there were, who would want to walk around a parking garage? In its current form it's fundamentally anti-pedestrian and will likely contribute absolutely nothing to pedestrian or retail activity in the area. As much as Delaware Avenue sucks now, it's not getting any worse, and I think we can afford to wait a couple of years for civic support of a master plan that will encourage only the best urban development.
     
     
  #215  
Old Posted Apr 8, 2008, 8:30 PM
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Originally Posted by Don098 View Post
Honestly...absolutely yes.
You do realize that if this isn't built the chances of BVT being built go down...BVT isn't going up unless the No. Lib Waterfront actually is a destination where investors feel people will live/do live/will work/do work. That's what i don't get about all of the complaining about Trump and WFS...in 10 years if those 6 towers are in place in all their bland glory and BVT, (plus w/e else gets put there assuming that development explodes in that area), I don't think you're going to be complaining...

O wait, yes you will. Because you think, (at least it seems from what you guys are writing), that an area that currently has NOTHING is going to somehow have a billion signature towers proposed and sprawling residential projects flying up all over the place. Delaware Ave has NOTHING right now. Its not magically going to spring miracles without there first being some sort of infrastructure in place to build on after. Give it a few years geez...

Plus the Trump design isn't THAT bad. It could be worse...
     
     
  #216  
Old Posted Apr 8, 2008, 9:27 PM
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Originally Posted by BigDan35 View Post
So then you guys would rather have nothing there at all than a somewhat bland 500 foot something tall building? Hmm okay.
Unfortunately, it has to start somewhere. So bring on the box.
     
     
  #217  
Old Posted Apr 8, 2008, 9:37 PM
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Originally Posted by Ninjawho View Post
You do realize that if this isn't built the chances of BVT being built go down...BVT isn't going up unless the No. Lib Waterfront actually is a destination where investors feel people will live/do live/will work/do work. That's what i don't get about all of the complaining about Trump and WFS...in 10 years if those 6 towers are in place in all their bland glory and BVT, (plus w/e else gets put there assuming that development explodes in that area), I don't think you're going to be complaining...

O wait, yes you will. Because you think, (at least it seems from what you guys are writing), that an area that currently has NOTHING is going to somehow have a billion signature towers proposed and sprawling residential projects flying up all over the place. Delaware Ave has NOTHING right now. Its not magically going to spring miracles without there first being some sort of infrastructure in place to build on after. Give it a few years geez...

Plus the Trump design isn't THAT bad. It could be worse...
Well that was horribly presumptuous...projecting something on me? No, it's because I think that area needs the master plan put together for the waterfront. I don't think anchor buildings like these should be put out on peninsulas onto land that we should be trying to restore to its natural state for flood control reasons for one. Towers like these should not be built right on the water, it's horribly unsustainable. Leave it to a pure businessman and casino guy to completely ignore environmental concerns (Trump).
     
     
  #218  
Old Posted Apr 8, 2008, 9:54 PM
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Originally Posted by Don098 View Post
Well that was horribly presumptuous...projecting something on me? No, it's because I think that area needs the master plan put together for the waterfront. I don't think anchor buildings like these should be put out on peninsulas onto land that we should be trying to restore to its natural state for flood control reasons for one. Towers like these should not be built right on the water, it's horribly unsustainable. Leave it to a pure businessman and casino guy to completely ignore environmental concerns (Trump).
I think I agree with you. The value of the waterfront really increases with an actually plan. Create an actual town center with retail entertainment and surround it with living space. The retain and living components will feed off each other and create demand. Otherwise I'd rather spend my money in Center City. I'd love an area like Granville Island in Vancouver with great markets, retail, art and living space. It's very walkable in all seasons.
     
     
  #219  
Old Posted Apr 8, 2008, 11:00 PM
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IMO Our number one waterfront problem: I-95 More of it needs to be covered. It's like a canyon between center city and the waterfront.
     
     
  #220  
Old Posted Apr 9, 2008, 4:02 PM
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Originally Posted by twicedead View Post
I think I agree with you. The value of the waterfront really increases with an actually plan. Create an actual town center with retail entertainment and surround it with living space. The retain and living components will feed off each other and create demand. Otherwise I'd rather spend my money in Center City. I'd love an area like Granville Island in Vancouver with great markets, retail, art and living space. It's very walkable in all seasons.
but how can we build a town center without residents actually living on that side of 95?
     
     
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