PHILADELPHIA | 500 Walnut | 380 FT | 26 FLOORS - Page 9

looper121 · #**161** Posted **Apr 17, 2015, 7:38 PM**

Quote:

Originally Posted by boxbot

Yeah, but 432 is in Midtown. This is looking down on Independence Hall.

FiggyOlive · #**162** Posted **Apr 17, 2015, 7:54 PM**

Quote:

Originally Posted by boxbot

Yeah, but 432 is in Midtown. This is looking down on Independence Hall.

Don't mean to pounce also, but they said the same thing about tall buildings around city hall.

GarCastle · #**163** Posted **Apr 18, 2015, 12:28 AM**

Usually I hear penthouse and I'm like whatever. But those views and that setup would be really nice to enjoy.

Maybe I just need a roof deck on my comparatively tiny house LOL.

Cheers,
G.

alasi · #**164** Posted **Apr 18, 2015, 12:40 AM**

Just a casual observation. Great view, but someone might tell the WSJ that the sun sets in the west.

summersm343 · #**165** Posted **Apr 18, 2015, 11:42 PM**

Update from Building Philly

https://www.facebook.com/BuildingPhilly

Ploppalopp · #**166** Posted **Apr 19, 2015, 12:38 AM**

Good to see some progress. Thanks for posting Summers

philatonian · #**167** Posted **Apr 19, 2015, 2:23 AM**

I keep wonder where these $3M-a-pop residents are coming from! I mean it's great, but it's not like a lot of Saudi oil princes are looking for a vacation home in Philadelphia. It's wild. I love that Philadelphia is finally blowing up.

philatonian · #**168** Posted **Apr 19, 2015, 2:28 AM**

Quote:

Originally Posted by boxbot

Part of me really doesn't like this project for how ostentatious it is.

I don't think there's anything wrong with that. I mean I know Rittenhouse is commonly thought of as Philadelphia's premier address (and it has plenty of buildings like this), but when you think of what Philadelphia really is, this is the city's place to be. I mean you're looking down on Independence-freakin'-Hall. I wouldn't expect anything less here.

What's more troublesome is that the Brutalist monstrosity next-door was ever allowed to happen shortly after they leveled Society Hill and ripped out two Frank Furness masterpieces.

MikeNigh · #**169** Posted **Apr 19, 2015, 5:28 AM**

Quote:

Originally Posted by philatonian

I keep wonder where these $3M-a-pop residents are coming from! I mean it's great, but it's not like a lot of Saudi oil princes are looking for a vacation home in Philadelphia. It's wild. I love that Philadelphia is finally blowing up.

Really expensive homes are pretty normal in most of Philly's peers.

jsbrook · #**170** Posted **Apr 19, 2015, 8:02 AM**

Quote:

Originally Posted by philatonian

I keep wonder where these $3M-a-pop residents are coming from! I mean it's great, but it's not like a lot of Saudi oil princes are looking for a vacation home in Philadelphia. It's wild. I love that Philadelphia is finally blowing up.

The suburbs largely. There is a lot of wealth in the Main Line that is beginning to prefer the city. I'm not worried about this project. It will sell well and quickly (has been already). But I am dubious about the number of $2+ million condos and townhomes that will be hitting the market generally. I hope I'm wrong.

1487 · #**171** Posted **Apr 20, 2015, 12:52 PM**

Quote:

Originally Posted by jsbrook

The suburbs largely. There is a lot of wealth in the Main Line that is beginning to prefer the city. I'm not worried about this project. It will sell well and quickly (has been already). But I am dubious about the number of $2+ million condos and townhomes that will be hitting the market generally. I hope I'm wrong.

PBJ had a recent article about the slow market for multi million dollar estate homes on the Mainline. Increased interest in pricey city condos was cited as a factor in the mediocre appreciation and lack of sales activity on large, pricey homes in the western suburbs. It seems the demand for 10k sf homes on 3 acres isnt what it used to be.

techchallenger · #**172** Posted **Apr 20, 2015, 2:52 PM**

Quote:

Originally Posted by philatonian

What's more troublesome is that the Brutalist monstrosity next-door was ever allowed to happen shortly after they leveled Society Hill and ripped out two Frank Furness masterpieces.

The Penn Mutual tower with the facadectomy? That is an award winning design. I admire it every time I walk within view of it.

Re: Furness... Are you referring to the tragic loss of the Provident Trust building a few blocks away? Your post could leave a reader with the impression that Provident Trust was leveled to make way for Penn Mutual (although I understand that was probably not your intention).

Cro Burnham · #**173** Posted **Apr 20, 2015, 2:54 PM**

Quote:

Originally Posted by techchallenger

The Penn Mutual tower with the facadectomy? That is an award winning design. I admire it every time I walk within view of it.

I think Penn Mutual is definitely one of the best brutalist buildings in Philly. Not saying much, bit it is a nice building.

jsbrook · #**174** Posted **Apr 21, 2015, 9:03 AM**

Quote:

Originally Posted by 1487

PBJ had a recent article about the slow market for multi million dollar estate homes on the Mainline. Increased interest in pricey city condos was cited as a factor in the mediocre appreciation and lack of sales activity on large, pricey homes in the western suburbs. It seems the demand for 10k sf homes on 3 acres isnt what it used to be.

Yeah, I think more people are realizing that 10,000 square feet is stupid big and not really where it's at. People that can afford that on the Main Line can live like kings in 5,000 square feet in the City and send their kids (if they have them and they are school age) to any school they want.

philatonian · #**175** Posted **Apr 22, 2015, 12:33 AM**

Quote:

Originally Posted by techchallenger

The Penn Mutual tower with the facadectomy? That is an award winning design. I admire it every time I walk within view of it.

Re: Furness... Are you referring to the tragic loss of the Provident Trust building a few blocks away? Your post could leave a reader with the impression that Provident Trust was leveled to make way for Penn Mutual (although I understand that was probably not your intention).

No, you're right. I'm referring to the one that was demolished in front of Carpenter's Hall, and the one across the street. There were two on Chestnut, I forget which was the PTB. Both were beautiful, especially the one in front of Carpenter's Hall.

I don't hate the PMT, and I like that they kept the old Egyptian facade. I just can't imagine complaining about 500 Walnut (which I wouldn't) without citing that building.

summersm343 · #**176** Posted **Apr 30, 2015, 11:32 PM**

summersm343 · #**177** Posted **May 2, 2015, 5:39 PM**

Update from Building Philly

More photos here:
https://www.facebook.com/BuildingPhilly

blart · #**178** Posted **May 7, 2015, 8:58 PM**

Hard to get good pics since they put up that printed screen around the perimeter. Hole is getting deeper. From Thursday, 5/7-

summersm343 · #**179** Posted **May 15, 2015, 1:20 AM**

summersm343 · #**180** Posted **May 19, 2015, 12:47 AM**

Update from Building Philly

https://www.facebook.com/BuildingPhilly