View Single Post
  #98  
Old Posted Jan 11, 2017, 10:21 PM
jsbrook jsbrook is offline
Registered User
 
Join Date: Aug 2014
Location: Bala Cynwyd
Posts: 3,658
Quote:
Originally Posted by 1487 View Post
I continue to say a lot of the blame falls on the owners/speculators of the properties on Market. The 1000 block is full of mediocre looking buildings that need serious investment. I know PREIT has purchased a few to hold for future development but it seems like that is a long term play with no improvements coming soon. I just don't understand why these building owners aren't trying to maximize these properties. Same applies to some of the buildings on East Chestnut and 11th street.
Because tenants haven't particularly wanted to locate there. With East Market and the Fashion Outlets, 5 Below move to Lit Bros, the 13th and Market development, etc...that should hopefully start to change, and the other side of this block will begin to develop.
Reply With Quote