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  #61  
Old Posted Oct 29, 2014, 7:25 AM
Flyers2001 Flyers2001 is offline
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Originally Posted by iheartphilly View Post
Some more (local) fundraising for this badly needed project:

http://www.phillyrecord.com/2014/10/...-youth-a-home/
That's awesome to hear. I am a huge proponent for youth organizations and the good that they offer. I am glad to see this organizations will have a place closer to the children's homes.

This facility has the makings to do some great things for Chinatown.
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  #62  
Old Posted Oct 29, 2014, 3:03 PM
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PhillyMag -

http://www.phillymag.com/property/20...munity-center/

Project will receive $3.7 mil state grant.
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  #63  
Old Posted Oct 29, 2014, 3:30 PM
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The tower will house Chinatown’s first community center, a preschool and after-school programming run by the Chinatown Learning Center, a bilingual health center, a gym, offices, retail shops and 143 apartments – 31 of which will be subsidized by PCDC for poor and low-income residents.

Shaw adds that Andy Toy, PCDC’s managing director, said the project would create up to “1,000 construction jobs and more than 300 full-time jobs when completed.”
Read more at http://www.phillymag.com/property/20...f6Jp1lPLlIJ.99
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  #64  
Old Posted Oct 29, 2014, 4:28 PM
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Another article on this.

Quote:
Groundbreaking is expected early next year.



http://www.philly.com/philly/news/20...Chinatown.html
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  #65  
Old Posted Oct 29, 2014, 5:09 PM
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  #66  
Old Posted Oct 29, 2014, 5:29 PM
iheartphilly iheartphilly is offline
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Based on this article and the numbers from some of the other, they have more than the 75 million dollars for the project. Guess they are out of excuses of getting this project started!
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  #67  
Old Posted Oct 29, 2014, 5:49 PM
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I'll believe it when I see it. Obtaining financing commitment and closing the deal are two totally different hurdles.
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  #68  
Old Posted Oct 29, 2014, 6:06 PM
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  #69  
Old Posted Nov 4, 2014, 7:13 PM
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New Philly High-Rise Links Past and Future of Chinese Immigration
BY ALEXIS STEPHENS | NEXT CITY | NOVEMBER 4, 2014



Last week, the Philadelphia Chinatown Development Corporation (PCDC) announced plans for the city’s first EB-5 project. One of PCDC’s most ambitious mixed-use development projects so far, the Eastern Tower is set for completion in 2015. The 23-story tower will include apartments, ground-floor retail, a green roof community space, bilingual social and health services, and youth and senior recreation facilities. The federal EB-5 Immigrant Investment Program helps foreign nationals secure a green card if they invest at least $500,000 in an American business that creates at least 10 jobs. (Here’s a good Next City overview of the foreign investment that’s occurred in cities through the EB-5 program.)


Full article at http://nextcity.org/daily/entry/phil...se-eb5-funding
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  #70  
Old Posted Nov 4, 2014, 7:19 PM
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Originally Posted by josef View Post
New Philly High-Rise Links Past and Future of Chinese Immigration
BY ALEXIS STEPHENS | NEXT CITY | NOVEMBER 4, 2014



Last week, the Philadelphia Chinatown Development Corporation (PCDC) announced plans for the city’s first EB-5 project. One of PCDC’s most ambitious mixed-use development projects so far, the Eastern Tower is set for completion in 2015. The 23-story tower will include apartments, ground-floor retail, a green roof community space, bilingual social and health services, and youth and senior recreation facilities. The federal EB-5 Immigrant Investment Program helps foreign nationals secure a green card if they invest at least $500,000 in an American business that creates at least 10 jobs. (Here’s a good Next City overview of the foreign investment that’s occurred in cities through the EB-5 program.)


Full article at http://nextcity.org/daily/entry/phil...se-eb5-funding
Completion date of 2015 can't be right.
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  #71  
Old Posted Nov 4, 2014, 9:59 PM
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Originally Posted by josef View Post
Last week, the Philadelphia Chinatown Development Corporation (PCDC) announced plans for the city’s first EB-5 project. One of PCDC’s most ambitious mixed-use development projects so far, the Eastern Tower is set for completion in 2015. The 23-story tower will include apartments, ground-floor retail, a green roof community space, bilingual social and health services, and youth and senior recreation facilities.
Last week? They've been "announcing" this project for almost a decade. Put up or shut up already, I'm growing sick of reading about this project every 6 months or so.
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  #72  
Old Posted Nov 4, 2014, 10:14 PM
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^Is that still the official rendering?
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  #73  
Old Posted Nov 4, 2014, 10:38 PM
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^Is that still the official rendering?
We're not entirely sure. Constructstudent who works in the development industry in Philadelphia has stated that the design has changed, and this is now 21 floors instead of 23 or 24. These are the renderings that all publications as well as the PCDC keep using however.
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  #74  
Old Posted Nov 5, 2014, 12:48 PM
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Originally Posted by summersm343 View Post
We're not entirely sure. Constructstudent who works in the development industry in Philadelphia has stated that the design has changed, and this is now 21 floors instead of 23 or 24. These are the renderings that all publications as well as the PCDC keep using however.
Correct summers this is not what the building is going to look like. I wish I could post the rendering but do not really want to risk my job over a rendering haha
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  #75  
Old Posted Nov 5, 2014, 1:22 PM
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Correct summers this is not what the building is going to look like. I wish I could post the rendering but do not really want to risk my job over a rendering haha
When do you think the current plan will be released for public consumption?
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  #76  
Old Posted Nov 10, 2014, 1:52 AM
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Correct summers this is not what the building is going to look like. I wish I could post the rendering but do not really want to risk my job over a rendering haha
I really hope it keeps the height and general look. That is one hot building. Please, no suburban style parking lot.
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  #77  
Old Posted Nov 13, 2014, 5:03 AM
iheartphilly iheartphilly is offline
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New rendering...I really like it!

http://chinatown-pcdc.org/pcdc-news/...ains-momentum/
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  #78  
Old Posted Nov 13, 2014, 7:43 AM
Guipos08 Guipos08 is offline
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It's decent...but so disappointed that anytime we get a nice looking proposal it gets wasted by a safe looking one.
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  #79  
Old Posted Nov 13, 2014, 1:39 PM
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I like the previous one better. This is just another face in the crowd.
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  #80  
Old Posted Nov 13, 2014, 2:00 PM
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In case someone just wants to see it...

It's ...safe.
It's needed for the area. Other rendering was cooler. Oh well.
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