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  #21  
Old Posted Jan 22, 2016, 10:03 PM
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1/22/2016

Apparently the site along 38th Street will house temporary surface parking lots to allow for the demolition of the garage along Market and to make way for the 3675 Market office building development. The rest of the site will also be developed first, and the site along 38th Street will be developed last.

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  #22  
Old Posted Jan 29, 2016, 2:47 PM
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I'm a big fan of the tower design for the planned tower at 37th and Warren. New article on the development:

http://mobile.philly.com/beta?wss=/p...n&id=366865971
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  #23  
Old Posted Jan 30, 2016, 7:39 PM
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Quote:
Originally Posted by jsbrook View Post
I'm a big fan of the tower design for the planned tower at 37th and Warren. New article on the development:

http://mobile.philly.com/beta?wss=/p...n&id=366865971
Another great article from Inga.
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  #24  
Old Posted Mar 14, 2016, 2:30 AM
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Part of University City has a new name: uCity Square

http://www.thedp.com/article/2016/02...-market-street
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  #25  
Old Posted Mar 24, 2016, 10:55 PM
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  #26  
Old Posted Mar 28, 2016, 1:29 PM
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Can someone please make a rendering with uCity Square, Schuylkill Yards & The Railyard capping!
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  #27  
Old Posted Mar 29, 2016, 5:17 PM
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I appreciate how that article points out that even though there has been steady population loss since the 70s (until recently), this has been mostly in the outer areas of the city whereas Center City and University City has in fact grown steadily in a healthy and intelligent way. There was no boom that we see in Sunbelt cities, however Center City was pieced back together and we are now seeing the fruits of this in said outer areas with new housing and infill popping up literally everywhere. Its easy to say that Philadelphia has been a dead city for decades, however a closer look shows a slow resuscitation that is still gaining momentum and we now look no further than these Ucity projects for this Boom that we've been waiting for that a strong, mature, city can support. I see this overbuilding in many "young" cities becoming a big problem in the near future. The development in Philadelphia over the last several decades has been very sustainable.
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  #28  
Old Posted Apr 5, 2016, 1:33 AM
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New info from uCity square PDF. Looks like the first tower will be One uCity Square at the corner of what will be 37th and Arch? What will be the cross street?

Either way, they're claiming an estimated 2018 completion, which means this will probably start work by the end of the year to make that timeline.









http://ucitysquare.com/site/userfile...y-Overview.pdf
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  #29  
Old Posted Apr 5, 2016, 7:31 PM
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3675 Market will be the first building.
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  #30  
Old Posted May 18, 2016, 2:59 AM
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Demolition ongoing. Temporary parking lots along 38th Street are completed.



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  #31  
Old Posted May 18, 2016, 12:26 PM
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If there wasn't so much going on elsewhere in the city this would be bigger news than it has been to date. The best part is it will be real long before the Brandywine/Drexel project. I won't be in my 60s when this is done.
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  #32  
Old Posted Jun 16, 2016, 6:14 AM
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6/15/16



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  #33  
Old Posted Jul 13, 2016, 3:20 AM
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7/12/2016

Ready to start moving on some construction!

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  #34  
Old Posted Jul 13, 2016, 12:15 PM
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Originally Posted by summersm343 View Post
7/12/2016

Ready to start moving on some construction!

Apartments complex along Lancaster Ave is the next project to go, right?
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  #35  
Old Posted Jul 13, 2016, 12:38 PM
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that was a huge undertaking to say the least
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  #36  
Old Posted Jul 13, 2016, 1:20 PM
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Wexford acquired by Ventas for $1.5 billion.

I wonder if this sale will affect this development, or if it even includes these parcels (since the UCSC is the landowner I'm not sure it would have been included in the deal). The article notes that:

Quote:
The portfolio involves 23 operating properties with 4.1 million square feet and two development assets comprising around 400,000 square feet of space. The company is also buying nine development sites mainly adjacent to existing assets.

Tenants of these assets comprise leading universities, academic medical centers and research companies, including Yale University, the University of Pennsylvania Health System, Washington University in St. Louis, Wake Forest University and Alexion Pharmaceuticals, Inc.

As part of the buyout, Ventas will enter into an agreement that would allow the company exclusive rights to jointly develop future projects with Wexford. On the other hand, Wexford will continue to manage the portfolio and be independently owned and operated.
Simply reading between the lines seems to indicate that Ventas does plan on continuing to develop the sites that Wexford planned on developing.
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  #37  
Old Posted Jul 13, 2016, 4:38 PM
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This acquisition will have no affect on uCity Square or any future development plans between Wexford and UCity Science Center.
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  #38  
Old Posted Jul 13, 2016, 4:43 PM
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Quote:
Originally Posted by christof View Post
Apartments complex along Lancaster Ave is the next project to go, right?
The first projects will be the apartment complex fronting Lancaster Ave and the 'One uCity Square' office building at what will be the intersection of 37th and Warren Streets as well as the park/plaza/square next to it at 37th and Arch.

This is One uCity Square:

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  #39  
Old Posted Aug 3, 2016, 6:31 PM
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From the bizjournals article about the office market:

Quote:
To ease that pressure, new office buildings are in the pipeline. Construction of 3675 Market St. is underway. The 350,000-square-foot building will have office and lab space, which is already getting gobbled up.

“We have handshakes for about half of it,” Garvey said, declining to disclose the names of the firms that have indicated they want to occupy space in the building.

Even more space is on the way for University City. Garvey said he is already getting feelers for 3800 Market St., a 750,000-square-foot complex that will be constructed in two phases.
This mean we should be seeing 3675 Market soon and I guess the 3800 Market building after. Good news!
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  #40  
Old Posted Aug 3, 2016, 7:55 PM
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^both of the buildings mentioned are separate from UCity square- they are being developed by the Science CEnter on Market Street while Ucity is on the old UC HS site north of market.
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