PHILADELPHIA-CAMDEN-WILMINGTON-ATLANTIC CITY-READING | Metro Development Thread

[summersm343]

Originally Posted by jsbrook

What is this project. Does it have to do with the University coming to town? AC really needs to start finding more non-casino uses like this.

http://acprimetime.com/stockton-sj-g...opment-update/

[Larry King]

Originally Posted by jsbrook

AC is in for a long rough patch. For it to really bounce back, NJ needs to start bribing companies to relocate there and bolster some non-casino uses. But it really can't. It's got its hands full with Camden.

I believe AC could grow organically if they could create an environment friendly to small business and development instead of just serving the needs of casinos and big businesses. For example, someone wants to build a duplex condo building on vacant land near the revel, crda will not allow the zoning variance from resort to resi because they still think one day they will assemble all the land for a major project. This sort of thing holds AC back - the vacant lots there could be infilled by small developers just like fishtown or pt breeze, if they focused on the right things and got out of the way, AC could be a nice affordable option for 2nd home owners

http://rtforty.com/twilight-zone/

^ great article on AC zoning issues

[Kidphilly]

Originally Posted by Larry King

I believe AC could grow organically if they could create an environment friendly to small business and development instead of just serving the needs of casinos and big businesses. For example, someone wants to build a duplex condo building on vacant land near the revel, crda will not allow the zoning variance from resort to resi because they still think one day they will assemble all the land for a major project. This sort of thing holds AC back - the vacant lots there could be infilled by small developers just like fishtown or pt breeze, if they focused on the right things and got out of the way, AC could be a nice affordable option for 2nd home owners

http://rtforty.com/twilight-zone/

^ great article on AC zoning issues

AC should look north to Asbury Park - Casinos are done with to much competition. Infill and actual people and things non casino are the only possible path. Everything is oversized but beach front property less expensive could bring people in its just so choppy and crappy in to many locations. All the eggs in the casino basket has backfired.

[Larry King]

Originally Posted by Kidphilly

AC should look north to Asbury Park - Casinos are done with to much competition. Infill and actual people and things non casino are the only possible path. Everything is oversized but beach front property less expensive could bring people in its just so choppy and crappy in to many locations. All the eggs in the casino basket has backfired.

All they have to do is just get out of the way. If all vacant lots under 10,000 sq ft within 3 blocks of boardwalk were rezoned from rs-c (resort commercial) to something equivalent to Philly's rm1, AC would fill in and gentrify much faster than anyone thinks. No political will to do it, it's a shame.

[PhilliesPhan]

PA grants final permits for $2.5B Mariner East pipeline

http://www.philly.com/philly/busines...-fracking.html

Potentially good news for Marcus Hook, Delaware County, and the entire Philadelphia region!

[summersm343]

^^This could be huge for the region. A lot of jobs will come out of this. Currently 70,000 barrels go out of the Marcus Hook refinery. This pipeline would up the number of barrels to 675,000.

[jsbrook]

Originally Posted by summersm343

http://acprimetime.com/stockton-sj-g...opment-update/

Nice.

[Nova08]

However, this pipeline was also just approved and it will transport shale out of PA.

Atlantic Sunrise Pipeline Gets Final Approval by FERC

In addition to the pipeline, two new compressor stations will get built, and when the whole thing is done, an extra 1.7 billion cubic feet per day of northeast PA Marcellus Shale gas (from Cabot Oil & Gas and Seneca Resources) will flow south.

http://marcellusdrilling.com/2017/02...roval-by-ferc/

[Mikieman]

20170214_143408 by , on Flickr

[jsbrook]

Originally Posted by Larry King

I believe AC could grow organically if they could create an environment friendly to small business and development instead of just serving the needs of casinos and big businesses. For example, someone wants to build a duplex condo building on vacant land near the revel, crda will not allow the zoning variance from resort to resi because they still think one day they will assemble all the land for a major project. This sort of thing holds AC back - the vacant lots there could be infilled by small developers just like fishtown or pt breeze, if they focused on the right things and got out of the way, AC could be a nice affordable option for 2nd home owners

http://rtforty.com/twilight-zone/

^ great article on AC zoning issues

It's possible, yes. A more affordable option than many surrounding beach town. It starts to get a little gnarly though much more than a block from the boardwalk.

[Kidphilly]

Originally Posted by Larry King

All they have to do is just get out of the way. If all vacant lots under 10,000 sq ft within 3 blocks of boardwalk were rezoned from rs-c (resort commercial) to something equivalent to Philly's rm1, AC would fill in and gentrify much faster than anyone thinks. No political will to do it, it's a shame.

At this point is there any true rationale to keep these zoned mega blocks Its obvious there are already to many Casinos and growing competition. Maybe am naïve but truly what is the incentive to retain these. Maybe some connected politicians but these will never be developed into large scale developments

I go back to Asbury park as their scale of development would make more sense and also has large swath along the beach and boardwalk

[jonesrmj]

Bank of America selling two Wilmington office buildings:

Bank of America will put two of its three remaining office buildings in downtown Wilmington up for sale Wednesday.

Bracebridge I at 1100 N. King St. and Bracebridge III at 1100 N. French St. are both being put on the market, spokesman Tony Allen said.

Bank of America will retain a third building at 1020 N. French St., known as Bracebridge II, that eventually will house all of the company's roughly 1,200 Wilmington employees.

"Our plan is to consolidate our Wilmington staff into Bracebridge II after the sale," Allen said.

He insisted the sale is not the result of any staffing changes that the $245 billion bank based in Charlotte, North Carolina, has or will be making in Delaware.

"We remain quite committed to the city, specifically, and the state more broadly," he said. "But we've had occupancy issues in our Wilmington campus for some time and this move will allow us to address that."...

Read More -> http://www.delawareonline.com/story/...ings/97902248/

[summersm343]

Originally Posted by Mikieman

20170214_143408 by , on Flickr

Very cool! Glad to see tower cranes up in the region outside of Philadelphia. There is a tower crane up in Wilmington right now as well I believe

[domodeez]

Originally Posted by domodeez

Update on downtown Wilmington's 200-unit Residence at Midtown Park:

Haven't updated on this project in 2 months, so here are two shots from yesterday:

Looking south from 9th, between Shipley and Orange:


Looking southwest from 9th and Shipley:

[domodeez]

Next to the Residence at Mid-Town Park project, this commercial building is being converted into apartments:

Looking east from 9th, just off Orange:

[domodeez]

Hadn't seen much happening at the hotel renovation at 13 x Market in Wilmington, but then I saw this last week so it's definitely plugging along.

[Kidphilly]

an article on the large swaths in AC

http://www.philly.com/philly/news/ne...tic_City_.html


and some example development in Asbury Park

http://www.yimbynews.com/2015/08/rev...ew-jersey.html

[Larry King]

Delete

[Larry King]

Originally Posted by Kidphilly

At this point is there any true rationale to keep these zoned mega blocks Its obvious there are already to many Casinos and growing competition. Maybe am naïve but truly what is the incentive to retain these. Maybe some connected politicians but these will never be developed into large scale developments

I go back to Asbury park as their scale of development would make more sense and also has large swath along the beach and boardwalk

I'm not too close to the situation but I think it's casino and building trade union interests making the decisions. They're not delusional enough to think more casinos will get built but they do believe that consolidating all the land for a master plan is the best way to develop, which would be fine if they actually had a plan that could be executed- they have absolutely no real plan. Small land owners and small developers don't have the political pull to change things there. I guess the problem is that zoning decisions in 'tourism district' are made by unelected CRDA instead of Atlantic City government.

[summersm343]

Calif. pizza brand & more to open at KoP Town Center

Two more restaurants, and a paint and wine bar brand have signed on to open their first outposts in the Philadelphia region at the King of Prussia Town Center, where current tenants are already reporting early success since their openings.

The King of Prussia Town Center, developed by Maryland-based JBG Cos., over the past year has become a retail destination in the Montgomery County area with stores like Ulta, Nordstrom Rack and REI.

The center — which was put up for sale recently — also created, in the suburbs, a dining destination with a " downtown" quality to it. Restaurants that have called the center home over the past year include Philadelphia's honeygrow, and national players like Fogo de Chao and Naf Naf Grill.

JBG Cos. said it has signed on three more food and beverage-focused tenants to open at the 263,423-square-foot development: MidiCi The Neapolitan Pizza Company, Choolaah Indian BBQ and Muse Paintbar.

The King of Prussia Town Center is one part of the Village at Valley Forge, a 130-acre master planned community overseen by Berwyn, Pennsylvania-based Realen Properties.

JBG strategically chose the type of restaurants opening at the Town Center. The restaurants would help create "the downtown for Upper Merion," similar to what Center City has become for Philadelphia.

“We identified early on that King of Prussia was in need of an experiential outdoor center that would serve as a community gathering place and worked hard to make this vision come to life,” said Tom Sebastian, senior vice president of development at JBG.

“As we continue to fill the center with high-quality tenants, introduce unique and exciting programming, and the 2,675 surrounding residential units begin to open, we expect to see a significant increase in the volume of pedestrian traffic," Sebastian said.

http://www.bizjournals.com/philadelp...use-paint.html