Quote:
Originally Posted by Parkway
To some extent being on the other side of Vine is actually a plus. The Alexander is closer to a lot of the existing amenities (bars, restaurants, and Wholefoods) in that area. I used to live up in that area on Callowhill and my $.02 is that an extra minutes on the walk to work isn't worth living in a more expensive, lower quality building.
Edit: I just learned the Alexander has no 1 BR Apartments.
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I'm not comparing it to the Franklin. I agree that the Alexander is a superior building, and it's not like it's in a wasteland. Just Cathedral Square's desirability and ability to command good rents if it does a high end project. Which I perceive as greater. There are lots of bars and restaurants on the South of Vine portion of Logan Square and nearby Rittenhouse. And 4 new ones coming to CTC alone (the two Vernick places at the base and the lounge and Jean-Georges at the top of CTC).