PHILADELPHIA | Piazza Terminal | 3 TOWERS | 180, 130 & 130 FT | 16, 12 & 12 FLOORS - Page 8

summersm343 · #**141** Posted **May 14, 2022, 9:22 PM**

Awesome photos! Only way to post them from Instagram would be to save the photos, upload them to Flickr or another image sharing platform, then post them here.

summersm343 · #**142** Posted **May 21, 2022, 8:10 PM**

https://www.inquirer.com/columnists/...-20220519.html

The 700 Block · #**143** Posted **May 21, 2022, 11:05 PM**

Quote:

Originally Posted by summersm343

https://www.inquirer.com/columnists/...-20220519.html

Is that stretch of Germantown east of 2nd going to be fully pedestrian only?

blart · #**144** Posted **Jun 18, 2022, 8:00 PM**

6/17

Hancock St. side-

summersm343 · #**145** Posted **Aug 30, 2022, 3:10 PM**

https://www.livepiazza.com/alta/?cha...BoCRI4QAvD_BwE

chimpskibot · #**146** Posted **Aug 30, 2022, 3:48 PM**

Quote:

Originally Posted by summersm343

https://www.livepiazza.com/alta/?cha...BoCRI4QAvD_BwE

POST brothers are not playing with this development. I love the added lights on the cladding. These are the details many of the luxury developments around the city are missing unfortunately.

TonyTone · #**147** Posted **Sep 22, 2022, 12:53 AM**

William Van Alen · #**148** Posted **Sep 22, 2022, 3:21 PM**

Wow, that rooftop pool on the parking garage is going to be really nice. If I ever meet somebody who lives in this building, I'm going to have no choice but to become their best friend.

blart · #**149** Posted **Sep 22, 2022, 5:35 PM**

This project is so large and sprawling, and difficult to shoot from the street. The drone shots are the only way to get the full picture, so thanks for those.

iheartphilly · #**150** Posted **Sep 22, 2022, 5:47 PM**

Superblocks!

Redddog · #**151** Posted **Sep 22, 2022, 6:50 PM**

Those developments just north on 2nd are horrible.

PHLtoNYC · #**152** Posted **Sep 22, 2022, 8:05 PM**

Quote:

Originally Posted by Redddog

Those developments just north on 2nd are horrible.

Are you referring to these?
I hope the one on the left being framed looks like the awesome renders (it's called The Beverly)

https://www.google.com/maps/@39.9681...7i16384!8i8192

DeltaNerd · #**153** Posted **Sep 23, 2022, 1:07 AM**

Quote:

Originally Posted by Redddog

Those developments just north on 2nd are horrible.

I will play along, what's horrible about them?

Redddog · #**154** Posted **Sep 23, 2022, 3:13 PM**

Quote:

Originally Posted by DeltaNerd

I will play along, what's horrible about them?

You guy's don't think those are ugly?

I'm surprised.

SEFTA · #**155** Posted **Sep 27, 2022, 2:17 PM**

I'VE BEEN DYING TO SEE SHOTS OF THIS PROJECT!

Thank you Tony

TK2001 · #**156** Posted **Sep 27, 2022, 3:27 PM**

Center City West and Northern Liberties construction by Philly SkyGuy, on Flickr

summersm343 · #**157** Posted **Sep 27, 2022, 5:51 PM**

Love it! Thanks TK! I wonder when they're going vertical on the 3rd, 16-story tower.

Urbanthusiat · #**158** Posted **Sep 27, 2022, 8:14 PM**

Quote:

Originally Posted by summersm343

Love it! Thanks TK! I wonder when they're going vertical on the 3rd, 16-story tower.

I wouldn't be surprised if they take a pause given the current interest rate environment.

chimpskibot · #**159** Posted **Sep 28, 2022, 12:43 AM**

Quote:

Originally Posted by Urbanthusiat

I wouldn't be surprised if they take a pause given the current interest rate environment.

I would think they would be more bullish as buyers are pushed out of the housing market due to the higher rates. I could be wrong, but I imagine the multi-family market will be very strong until the next rate-cut cycle.

Edit: I forgot this is a post brothers development. They seem to risk averse to proceed with a third tower

. Still waiting for jewelers row

Urbanthusiat · #**160** Posted **Sep 28, 2022, 1:01 AM**

Quote:

Originally Posted by chimpskibot

I would think they would be more bullish as buyers are pushed out of the housing market due to the higher rates. I could be wrong, but I imagine the multi-family market will be very strong until the next rate-cut cycle.

Edit: I forgot this is a post brothers development. They seem to risk averse to proceed with a third tower

. Still waiting for jewelers row

You're mixing up Toll Brothers and Post Brothers. Post Brothers are doing this development, the one at Broad and Washington, The Poplar, and a few others. Toll Brothers is based in the suburbs and is primarily a single-family developer that also does some highrise rentals and condos. They are doing Jeweler's Row and Broad & Noble.

But maybe you're right. I was just thinking that their debt load must be pretty large right now with this project and Broad and Washington under development, both financed at far lower rates than they could get right now if they got a loan for a new large development. Might make sense to lease-up these projects and de-leverage somewhat while rates remain high. But they do benefit from economies of scale by keeping work going, and if rents keep rising than maybe it works, IDK. I just know capital is expensive right now.