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  #1001  
Old Posted Jan 28, 2014, 8:30 PM
PhiLaw PhiLaw is offline
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Originally Posted by AbortedWalrus View Post
Who, exactly, is going to fund this? There's no way they could raise the type of funding this would require. If you know anyone working in non-profits they'll tell you the same thing; the big donors are tapped out lately. There is a scramble to attract new donors because the existing base is spread too thin. Getting the kind of money to do this project? I guess you could do a handful of floors and then let the rest of the building rot around you.
Agreed. This will be turned into residential space, as the other poster said. The bottom floor may work as a sort of gallery/museum/music hall (anything which can take in revenue), but this will have to be a residential project.

Not that I don't admire the arts backers' zeal. I just think their eyes are bigger than their head.
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  #1002  
Old Posted Jan 28, 2014, 9:59 PM
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Pennsport

Great infill for Pennsport, which in my opinion is the next G-Ho.

http://www.passyunkpost.com/2014/01/...-more-parking/
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  #1003  
Old Posted Jan 28, 2014, 10:12 PM
PhiLaw PhiLaw is offline
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Here's an article covering PhillySkyline's Maule's interview with Liberty Property Trust’s Senior Vice President & Urban Regional Director John Gattuso. I like Maule's take on the new tower.

http://phillyskyline.com/2014/01/17/...-john-gattuso/
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  #1004  
Old Posted Jan 28, 2014, 10:16 PM
Baconboy007 Baconboy007 is offline
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Originally Posted by PhiLaw View Post
Great infill for Pennsport, which in my opinion is the next G-Ho.

http://www.passyunkpost.com/2014/01/...-more-parking/
They should bulldoze that government housing just north of this site. I appreciate the trees in they planted but why do they try to bring suburbia into the city?
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  #1005  
Old Posted Jan 28, 2014, 10:45 PM
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relnahe relnahe is offline
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Originally Posted by PhiLaw View Post
Great infill for Pennsport, which in my opinion is the next G-Ho.

http://www.passyunkpost.com/2014/01/...-more-parking/
Pennsport is nothing like G-Ho, a more fair comparison would be to say the next Queen Village or Bella Vista.

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They should bulldoze that government housing just north of this site. I appreciate the trees in they planted but why do they try to bring suburbia into the city?
Those aren't gov't houses. They are market rate from my understanding.
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  #1006  
Old Posted Jan 28, 2014, 11:11 PM
Kidphilly Kidphilly is offline
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  #1007  
Old Posted Jan 28, 2014, 11:12 PM
eliasrapp98 eliasrapp98 is offline
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I know this is completely off topic, but how do I change from GMT to EST?
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  #1008  
Old Posted Jan 29, 2014, 12:28 AM
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summersm343 summersm343 is offline
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Those aren't gov't houses. They are market rate from my understanding.
There are several public housing projects around the city that need to be torn down and redeveloped.
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  #1009  
Old Posted Jan 29, 2014, 1:30 AM
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Hmm...

Comcast could buy Time Warner N.Y. cable franchises

Read more at http://www.philly.com/philly/busines...JxykORrY4Vs.99
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  #1010  
Old Posted Jan 29, 2014, 1:39 AM
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If the Comcast buying Time Warner deal goes through, which would be a few year process, you can BET they will need to build another tower.
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  #1011  
Old Posted Jan 29, 2014, 2:39 AM
eliasrapp98 eliasrapp98 is offline
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If the Comcast buying Time Warner deal goes through, which would be a few year process, you can BET they will need to build another tower.
What do you think would happen to the huge Time Warner building in NY? Do they sell their floors there or does Comcast just take that over?
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  #1012  
Old Posted Jan 29, 2014, 2:39 AM
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I actually find myself worrying about Hudson Yards if that happens...
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  #1013  
Old Posted Jan 29, 2014, 2:51 AM
Jelly Roll Jelly Roll is offline
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What do you think would happen to the huge Time Warner building in NY? Do they sell their floors there or does Comcast just take that over?
They are leaving that space and moving to the Hudson Yards Development.
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  #1014  
Old Posted Jan 29, 2014, 3:21 AM
Pennsgrant Pennsgrant is offline
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Originally Posted by eliasrapp98 View Post
What do you think would happen to the huge Time Warner building in NY? Do they sell their floors there or does Comcast just take that over?

I believe Time Warner Cable is being purchased by Charter Communications. Charter then sells NYC,New England North Carolina cable ties to Comcast. Its not like Comcast is buying Time Warner,rather a small piece of Time Warner Cable via Charter Communications.
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  #1015  
Old Posted Jan 29, 2014, 4:19 AM
PhiLaw PhiLaw is offline
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Originally Posted by relnahe View Post
Pennsport is nothing like G-Ho, a more fair comparison would be to say the next Queen Village or Bella Vista.



Those aren't gov't houses. They are market rate from my understanding.
I beg to differ. I lived in Pennsport for 5 years and G-Ho for 1. They have very similar characteristics. Abundance of row homes, next to a main transport artery, adjacent to center city but feels like youre in a warm neighborhood, and most importantly - upside potential. Pennsport is G-Ho minus 7 or 8 years.
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  #1016  
Old Posted Jan 29, 2014, 5:30 AM
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relnahe relnahe is offline
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Originally Posted by PhiLaw View Post
I beg to differ. I lived in Pennsport for 5 years and G-Ho for 1. They have very similar characteristics. Abundance of row homes, next to a main transport artery, adjacent to center city but feels like youre in a warm neighborhood, and most importantly - upside potential. Pennsport is G-Ho minus 7 or 8 years.
Ten years ago G-Ho was very unsafe. Even ten years ago Pennsport was largely safe.
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  #1017  
Old Posted Jan 29, 2014, 12:52 PM
cubanChris cubanChris is offline
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^^ At this point, G-Ho was very unsafe about 15-20 years ago. Not 10. Grungy 10 years ago? Yea, definitely, but it was upswinging by then.

Semantics aside, I hear what you're saying about Pennsport being more like a Queens Village or Passyunk where it never really deteriorated but never really took off as far as house values are concerned. Both places started from different places, but headed toward the same destination.
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  #1018  
Old Posted Jan 29, 2014, 3:00 PM
Londonee Londonee is offline
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Originally Posted by PhiLaw View Post
Great infill for Pennsport, which in my opinion is the next G-Ho.

http://www.passyunkpost.com/2014/01/...-more-parking/
Point Breeze is the next G-Ho. G-ho is G-Ho because it is and always was a 10 minute walk to Rittenhouse Square. Pennsport is a 10 minute walk to Queen Village which, of course, is not the same thing.

Also, like PB, G-Ho was in somewhat abandoned shape at the turn of the century (2000)--Pennsport has always been pretty much a solid middle class neighborhood with sporadic development activity. In other words, there's just not the same opportunity for development that G-Ho had with its mix of empty lots and abandoned buildings. Will Pennsport activity increase? Sure, but reasonably and at the same rate as other fringe neighborhoods.
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  #1019  
Old Posted Jan 29, 2014, 3:29 PM
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Sorry if Im posting something that has already been said, but....

Has anyone else notice a theme developing (similarities between) the Market 8 Design, and the CITC design?



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  #1020  
Old Posted Jan 29, 2014, 4:45 PM
PhiLaw PhiLaw is offline
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Demolition has begun at the YMCA site on Chestnut st.

http://www.ocfrealty.com/naked-phill...-finally-being
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