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Old Posted Dec 15, 2016, 3:25 PM
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summersm343 summersm343 is offline
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Quote:
Originally Posted by jsbrook View Post
Yep. Or maybe they won't use the full 4 years. Back when they announced, they said planning would start in the next 12-18 months and starts would begin in the 2017-2019 timeframe. 2-year window. The permit period started running upon approval in May of 2016.
Yes, I agree. I think should the market stay strong, this will happen sooner than 4 years. They probably are saying 4 years to be safe - in case the market declines. Similar to Schuylkill Yards; should the market stay strong, I believe this will be built out in 10-15 years. They're saying 20 to be safe and account for any market downswings.
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