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Old Posted Apr 7, 2023, 1:56 PM
thoughtcriminal thoughtcriminal is offline
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Join Date: Jan 2020
Location: philadelphia
Posts: 477
Quote:
Originally Posted by TempleGuy1000 View Post
Good interview in the business journal

https://www.bizjournals.com/philadel...velopment.html



and the more interesting tidbit:


A big tower really would be the perfect end cap for west market over the train tracks
I was just going to post this, you beat me to it.
The one thing about decking over the train tracks, though (and I worked on the Hudson Yards project), is that the construction costs are about the same as they are in New York, but the ROI is much less in Philly. So unless there is a way to build the buildings such that they cost significantly less (like with prefabrication or some other novel method that shortens the schedule), I think it is unlikely that it will be feasible, unfortunately. I hope I'm wrong about that though. A mixed use development might soften the blow a bit, or maybe if there is a significant life sciences component to it, but in general it will be a tough sell.
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