Quote:
Originally Posted by McBane
What kind of development can we realistically expect to see as a result of the arena (This is not a snarky/rhetorical question)? Not even necessarily on the south side of Market but all the underdeveloped lots and shabby buildings in the immediate surrounding area.
To me, the most realistic thing is a parking garage but I sincerely hope there is a concerted effort to restrict parking like was done when the Convention Center expanded.
A hotel also seems feasible except due to the CC, the area is already saturated with hotels. I don't have insight if more are needed at this specific location or not.
Maybe Oliver Tyrone Pulver can leverage the arena to secure tenants for 1300 Market But yea...Market East is probably the weakest commercial office submarket in Center City/Univ City.
Maybe residential? Could be a good spot for 1-2 bedroom non-luxury rentals?
Just spitballing here.
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Quote:
Originally Posted by Redddog
A hotel makes the most sense to me.
I'm holding out hope for a luxury hotel at the Disney Hole with a venue and highend shopping. This could be a signature property for some high-end hotel operation.
Then add 500 cops in Market East/wash sq and call it a day. Market street east of City Hall would finally be the destination it always should have been.
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South side Market 1000 block, replicate the East Market development... 1 or 2 apartment towers over large format retail and dining (Best Buy, Crate & Barrel, Home Goods, etc.).
South side of Market 900 block (Western half), a mid-market trendy hotel... Maybe Citizen M, Moxy, Virgin, etc. with a cool rooftop concept.
South side of Market 800 block, a large high-end hotel... Maybe JW Marriott, Luxury Collection, etc. with a set of restaurants, rooftop concept, small retail mixed in.
Throw in a small amount of office space (tech, life sciences) and boom, that is my plan.
BUT, I don't want to wait 9 years for substantial development. So much of Center City feels nice and energized, but most (not all) of Market Street from 8th to City Hall is shabby and dreary (on a good day). I wonder what out-of-towners think of that stretch when they stay at the Loews Hotel?
This streetview outside of TD Garden is good inspiration for at least one of the blocks (not many people out though because it was Nov 2020).
https://www.google.com/maps/@42.3652...7i16384!8i8192