Quote:
Originally Posted by MadhattersLT
Not to be that “I wish it was taller” guy but why does it seem that with a lot of Philly Projects (with a few exceptions) height from the original proposal is always slashed with the final product. You look at other cities and there are 500+ foot towers going up. I know we have the one on broad street possibly eclipsing that mark but, it seems we get the 200-300 foot towers when there is clearly a demand for units. That proposal on the riteaid site is embarrassing and made me go back and look at a lot of projects that have been built. Just curious, like is it a price vs return on investment thing or maybe dealing with approval from the city???
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There are several 500'ers currently going up or in the works. Just in the last five years we've had The Laurel, Arthaus, W Hotel, and the FMC building. In the pipeline we have 117 s 19th, the Schuylkill Yards tower (and possibly future towers), several Penn's Landing towers, and a CHoP building that just barely misses 500'.