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Old Posted Sep 20, 2018, 5:43 PM
McBane McBane is offline
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Join Date: Sep 2006
Location: Philadelphia
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Fencing and demo is the quick and easy part. Developers tend to get that part of the job very quickly for fear of preservationists coming in to block demolition. For all we know, this project could be another year away from getting off the ground. But getting rid of whatever pesky existing building sits in the way of a larger development gives that property a nice boost in value. If by chance the developer isn't able to get this project off the ground, they at least own a turn-key development site, which can be sold for a nice profit.

I'm not saying this project won't happen or that demolition isn't a step in the right direction. I just don't necessarily think it means that construction is imminent. See SLS.