PHILADELPHIA | The Murano | 475 FT / 145 M | 42 FLOORS

[Swinefeld]

Originally Posted by McBane11

sales and construction are not mutually exclusive terms. you can't have one without the other. without sales there is no construction, hence the empty lots at 2nd & race and 18th & sansom.

That's probably true, but then how did Symphony House get greenlighted? Just curious.

[Amazing Indy]

Originally Posted by drgoogle

you're jokes aren't funny.

You're right, they're friggen hilarious!

I think Murano will get built. It takes time to sell a condo of its size. Just give it time, it'll get built.

[McBane11]

Originally Posted by Swinefeld

That's probably true, but then how did Symphony House get greenlighted? Just curious.

i always thought that they presold whatever threshold the lenders requested. if not, it probably had a lot to do with the timing, as S.H. was developed at just the right time during the condo boom. back then the threshold was probably less than 50%. that is my guess, anyone know for sure?

also with the "declining market" it would be nice to see developers either rework their proposals or bring forth new ones that better fit the current real estate market. if the market is declining, it is only the market of what is currenty being offered - ultra luxury. while developers rushed and saturated the market with ultra luxury buildings, the entire market for middle income city dwellers (often part of the so called creative class) was completely ignored. i believe we will start to see more towers geared towards this income bracket in the near future. but be warned, these condos probably wont be as architectually exhillerating as the murano, mandeville, etc.

[tranceclubbinphilly]

Originally Posted by McBane11

... but be warned, these condos probably wont be as architectually exhillerating as the murano, mandeville, etc.

I personally would not care what the building looked like, as long as when I woke up in the morning I could look out the window and see the rest of the Philly skyline in my face.

[drgoogle]

Hey Indy, how come you guys can't win a playoff game, let alone return a fumble with just the qb to beat. ouch

Rumor has it there will be a webcam on the murano website for all you contructio folks to follow.

Originally Posted by Amazing Indy

You're right, they're friggen hilarious!

I think Murano will get built. It takes time to sell a condo of its size. Just give it time, it'll get built.

[volguus zildrohar]

There are cameras set up for Comcast Center and Symphony House. That would be nice, I suppose.

[Lincolndrive]

There was a lot of action going on at the murano site today. Did anyone else notice that? At least 2 diggers and some other heavy machinery were in high gear. I wish I had been able to talk to someone but it wasn't happening.

Is this the official start?

[Swinefeld]

^ I did notice that and there were several surveyors surveying.

[Amazing Indy]

Originally Posted by drgoogle

Hey Indy, how come you guys can't win a playoff game, let alone return a fumble with just the qb to beat. ouch

Rumor has it there will be a webcam on the murano website for all you contructio folks to follow.

What's the relevance to this conversation? Kinda sad that you have to resort to insults to make yourself feel better. oh well.

[The Cheat]

Originally Posted by McBane11

i believe we will start to see more towers geared towards this income bracket in the near future. but be warned, these condos probably wont be as architectually exhillerating as the murano, mandeville, etc.

Or as tall. Expect middle-class condos to be under 15 stories.

[stampy88]

I was looking at phillyblog today, and read that there was a lot of activity yesterday at the site. Does anyone have anymore information regarding what was going on?

[dingiswayo]

Originally Posted by stampy88

I was looking at phillyblog today, and read that there was a lot of activity yesterday at the site. Does anyone have anymore information regarding what was going on?

one lane of 21st street has been taped off. i would presume this is for construction equipment.

[volguus zildrohar]

It's fenced off all the way to the rail trestle.

April 13:

[Swinefeld]

Originally Posted by dingiswayo

one lane of 21st street has been taped off. i would presume this is for construction equipment.

There is also a jersey barrier along Market Street. The construction pit is greatly enlarging.

[volguus zildrohar]

The length of JFK Blvd along the site has the fence posts but not the actual fencing yet.

[wanderer34]

When is the Murano set to be completed, and I'm glad that there's some proof that they're finally preparing the pit for construction. Thanks, VZ.

[Capsule F]

Yes I inconveniently found out that sometihng was going on as I tried to park under the womens way bridge and there was no meters there anymore! Yes it is all fenced off, I mean I think thats a good sign.

[CondoGuru]

Originally Posted by Capsule F

Yes I inconveniently found out that sometihng was going on as I tried to park under the womens way bridge and there was no meters there anymore! Yes it is all fenced off, I mean I think thats a good sign.

Same here...I made the mistake of doing a drive-by down 21st St. and got stuck in that one lane of traffic for almost 15 minutes!!!! It's definitely going to be worth it when that sucker is done, but I won't make that mistake twice!

[Swinefeld]

Pics from today (4/15).

Looking down 21st St.


This shot shows how much larger the construction area is now.

Yeah they had 21st fenced off on tuesday night i was like what, thats sweet