Quote:
Originally Posted by hammersklavier
Ground floor site plan ripped from the brochure:
So we're looking at a spec office building here? That's surprising in two ways: (1) we know that the Center City office market sits on the lower end of viability for spec construction (when was the last time a spec office building got built in Center City, anyway?) and (2) PMC is better known as an apartment developer than an office one. I guess that, with respect to the second point, PMC's Aramark project was so successful they want to get more broadly into the office game? |
It's not truly spec. They won't break ground until an anchor tenant commits to at least 75,000 sq ft.