Quote:
Originally Posted by buildup
There was a national survey done on all the cities relative health and Philly didn't do well in the office construction market. But Cira 2 is in that Enterprise Zone that has a 10 or 15 year tax abatement for tennants. They did fill in the loopholes and made it for new companies from outside the city only. That tax abatement is the only reason this is being built earlier than proposed. And it will be filled by the time it is complete.
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Where did you hear that this is happening earlier than proposed? Phase II is supposed to have the new tower construction and last I heard it was scheduled to be completed in 2012. Did it move up?