PHILADELPHIA-CAMDEN-WILMINGTON-ATLANTIC CITY-READING | Metro Development Thread

[PhillyRising]

Originally Posted by Urbanthusiat

Blatstein & Post Brothers: $3 Billion Bader Field Atlantic City Project

The North End of AC above the Revel now Ocean Waterver casino was ripe for this...too bad they didn't try to do it there first...so much vacant space on a prime spot with the best views of the ocean and bays.....

[EastSideHBG]

Great location but if you don't enjoy flooding it will be best to look elsewhere. And "River Place" is fitting, as it may end up in your living room.


Riverfront Townhouse Development Coming To Montco Community

A 62-unit townhouse development dubbed "River Place" is coming to a prime piece of riverfront real estate along the Schuylkill in Montco.

https://patch.com/pennsylvania/norri...ntco-community

Development site: https://www.subscribepage.com/l7f4h6_copy2_copy

Promotional video: https://www.youtube.com/watch?v=I1bLBB4_cUo

[Marcos]

popped inside the new "Chancery Market" in downtown Wilmington yesterday, I think it was a press event & the actual grand opening is today. Beautiful place inside and out, the patio will be a welcomed addition to this end of town. Took a few photos, was raining so I didn't get much of the outdoor space but it's the highlight for sure, it's pretty large & they're still putting the final touches on it including landscaping and a fireplace. The bar itself opens to the patio, that'll be nice come springtime. It looks like all but one of the 8 vendor spots is open for business, not sure what's going in the final spot:

https://www.thechancerymarket.com/

[EastSideHBG]

Residents protest over planned warehouse development in South Jersey

The project - planned by Russo Development - includes four buildings in sections of Harrison and neighboring Woolwich townships.

https://6abc.com/harrison-township-n...ment/12515925/

[Urbanthusiat]

This is pretty cool.

Coal-fired plant imploded in New Jersey for battery array

LOGAN TOWNSHIP, N.J. — A former coal-fired power plant in New Jersey was imploded Friday, and its owners announced plans for a new $1 billion venture on the site, where batteries will be deployed to store power from clean energy sources including wind and solar.

[Urbanthusiat]

Some under the radar headlines from the last 7 days.

Purolite Opens New Pharmaceutical Manufacturing Facility in King of Prussia

PennDOT to Begin Roundabout Safety Improvement Project in Milford, Richland Townships

A Look Around Conshohocken’s First Upscale Hotel

Delaware County projects getting more than $47 million in state redevelopment funding

Grant Helping SEPTA Explore Development Along Delco Trolley Lines

Panel discussion focuses on transportation issues in Chesco and Pa.

With sewer approved, what's next for the Drexel site in Bensalem and Wegmans in Lower Makefield?

Inspira Health hires Dynamis Advisors to guide its Woodbury hospital redevelopment

Two Distribution Warehouses Proposed for 31 Acres on Admiral Wilson [Blvd in Camden]

Haddonfield Inks Preliminary Development Deal with Local Group for Lullworth Hall

Avenue North Construction Begins on Former Delaware Astrazeneca site in Wilmington

Raze, rebuild, and repair: $30M housing initiative underway on Wilmington’s East Side

[UrbanRevival]

Originally Posted by Urbanthusiat

Some under the radar headlines from the last 7 days.

Thanks for taking the time to assemble these. I always find the news tidbits from the around the region very interesting. The suburban transit and TOD news is encouraging; I hope really hope those efforts bear fruit.



Another positive tidbit from the tourism sector: domestic travel is now above pre-pandemic levels in the Philly area, which puts it among the top recoveries.

International travel is obviously still a fraction of what it was everywhere (not a shock), but still a great sign for the city's continued draw to visitors:

International Tourism Down 66% from Pre-Pandemic Level and Retailers Feel It


Retailers in prime urban retail corridors like NYC’s Times Square, Boston’s Seaport District and Chicago’s Michigan Avenue are getting a big boost from the recovery of domestic tourism to pre-pandemic levels—a surge that is being dampened by lagging international travel.

According to new report from JLL on prime urban retail corridors—entitled City Retail 2023 and released at the start of ICSC in NYC—domestic tourism now is exceeding pre-pandemic levels in six major US markets. In a comparison of September 2022 and September 2019 statistics, Miami (129%); Boston (120%); Los Angeles (117%), NYC (112%); Philadelphia (108%); and Chicago (101%) all have exceeded the 2019 level for domestic tourism.

https://www.globest.com/2022/12/07/i...20221107115941

[Urbanthusiat]

Originally Posted by UrbanRevival

Thanks for taking the time to assemble these. I always find the news tidbits from the around the region very interesting.

Thanks! I'm a big supporter of local journalism which is why I usually don't include text from the articles. For better or worse, clicks drive ad revenue which makes local journalism possible, so please visit the sites if you can! And maybe learn something along the way

[EastSideHBG]

I'm a big fan of this building and its funky location and the renovation is nice:

CBIZ signs long-term lease to relocate office to West Conshohocken

https://www.bizjournals.com/philadel...ource=facebook

[Urbanthusiat]

Couple of Delaware tidbits in this artcile: State awards business grants, including one to company promising 250 well-paying jobs

City National Bank is planning to hire about 250 employees over the next few years as part of an expansion in Delaware for administrative and back-end work.

The Los Angeles, California-based company plans to open an office in Ogletown's Iron Hill Corporate Center and begin hiring operations managers, project managers, business analysts, operations specialists and other positions early next year. A representative from City National said the average starting salary will be $80,000.

...

Chicago-based developer plans business park in Glasgow

Logistics Property Co., a four-year-old nationwide logistics development firm headquartered in Chicago, plans to build a business park at Route 896 and Old Coochs Bridge Road near the Siemens Glasgow campus.

Plans approved by New Castle County call for three main buildings, 408,000 square feet, 385,000 square feet and 294,000 square feet in size. The buildings will be used for manufacturing, warehousing or light industrial uses.

DuPont plans to lease the 385,000-square-foot building for a new production facility to support the expansion of the company's semiconductor materials business. The developer has not lined up tenants for the other buildings.

Harvey, Hanna & Associates prepares Red Lion industrial space

Newport-based developer Harvey, Hanna & Associates is planning to build 245,000 square feet of industrial space at the former Ion Power site near the Delaware City Refinery.

...

Case manufacturer to move from Maryland to Delaware

CP Cases Inc. will move its Bishopville, Maryland manufacturing site to the Frankford Business Park after receiving a $190,000 state grant Monday.

The company plans to hire 16 new manufacturing jobs and relocate nine jobs. They've signed a five-year lease with a five-year option for 25,000 square feet, attracted to the business park in part for its natural gas service.

More info in the article.

[Jawnadelphia]

New thread alert for Wilmington (North Wilmington, Concord Pike). It looks like the developers of the Avenue North complex under construction have upped the floor count for "The Tower at Avenue North" - to 12 floors now. See article here:


https://delawarebusinessnow.com/2022...h-development/



Architect/Firm: Bernardon

Some more info from the Avenue North IG page:
"The Tower at Avenue North brings the future of the workplace to Wilmington. A ground-up development consisting of 90k SF Class A office space covering 12 floors. Strategically positioned in a keystone location that is poised for continued growth, the Tower builds on the already-thriving Avenue North development. Contact @jll for more information."
https://www.instagram.com/reel/CjGy1..._web_copy_link

More renderings:
https://www.instagram.com/p/CigEHlIu1LR/

[summersm343]

Love it!!! Someone has to make a thread!

[TonyTone]

Originally Posted by Jawnadelphia

New thread alert for Wilmington (North Wilmington, Concord Pike). It looks like the developers of the Avenue North complex under construction have upped the floor count for "The Tower at Avenue North" - to 12 floors now. See article here:


https://delawarebusinessnow.com/2022...h-development/



Architect/Firm: Bernardon

Some more info from the Avenue North IG page:
"The Tower at Avenue North brings the future of the workplace to Wilmington. A ground-up development consisting of 90k SF Class A office space covering 12 floors. Strategically positioned in a keystone location that is poised for continued growth, the Tower builds on the already-thriving Avenue North development. Contact @jll for more information."
https://www.instagram.com/reel/CjGy1..._web_copy_link

More renderings:
https://www.instagram.com/p/CigEHlIu1LR/

Woahh does this mean we are seeing a strong market for high-rises in Wilmington now?

[jonesrmj]

Awesome! It's great to see another high-rise proposal!

It would be even cooler to see a proposal downtown that would become the tallest building in the city since 1201 North Market Street has held that title since the 80s.

[EastSideHBG]

Lockheed Martin plans expansion to King of Prussia campus

By Ryan Mulligan – Reporter, Philadelphia Business Journal
Dec 15, 2022 Updated Dec 15, 2022, 4:19pm EST

Defense contracting giant Lockheed Martin Corp. plans to expand its operations in King of Prussia with a new 55,000-square-foot research facility.

The proposed new project was scheduled to go in front of the Upper Merion Township planning commission on Wednesday but was tabled at the request of Lockheed Martin (NYSE: LMT). The proposal will be revisited on Jan. 11.

The new building is being planned alongside Lockheed Martin's existing 784,000-square-foot main facility, which is part of the company's Space unit that builds satellites and spacecraft.

The expansion stretches 91 feet in height and two stories, according to documents filed with Upper Merion Township. The entire King of Prussia complex spans 90 acres and the new development would be built on 1.63 acres, the documents show. The research and manufacturing building would sit on the northwest side of Lockheed Martin's campus at 230 Mall Blvd. just off Interstate 76 and the Pennsylvania Turnpike.

https://www.bizjournals.com/philadel...f-prussia.html

[Radio5]

Can someone explain to me the draw with King of Prussia? I've lived in philly and go there often still, but I've never fully understood all the money/infrastructure going toward that area.

[Urbanthusiat]

Originally Posted by Radio5

Can someone explain to me the draw with King of Prussia? I've lived in philly and go there often still, but I've never fully understood all the money/infrastructure going toward that area.

Proximity play. If you want walkable it’s most definitely not for you. But if you don’t mind driving most of the time (which is still a lot of people) it’s pretty attractive. It’s accessible to the whole region in about a 45 min drive which is about the max tolerable daily commute for most people. So there’s a ton of jobs that people could have that would mark KOP a viable place to live. It’s not all that bad, there’s plenty of amenities and high incomes.

[PHLtoNYC]

Can we not go down the KoP rabbit hole again...

I feel like if someone asks "what is the draw to KoP", then it doesn't matter what anyone says...

[EastSideHBG]

Originally Posted by Radio5

Can someone explain to me the draw with King of Prussia? I've lived in philly and go there often still, but I've never fully understood all the money/infrastructure going toward that area.

It's a nice place and has everything you need and is starting to reinvent itself. Some like to hate on it because it's suburban but if you take the time to explore some of the neighborhoods they are quite nice and have interesting topography, more walkable than you may think, some offer stunning views, no local income taxes...KOP has more to offer than just a shopping district on 202.

[DeltaNerd]

Originally Posted by EastSideHBG

It's a nice place and has everything you need and is starting to reinvent itself. Some like to hate on it because it's suburban but if you take the time to explore some of the neighborhoods they are quite nice and have interesting topography, more walkable than you may think, some offer stunning views, no local income taxes...KOP has more to offer than just a shopping district on 202.

Where are the walkable areas? I mostly see highways, stroads, parking lots and houses with no sidewalks. Sure some is "walkable" but you are not walking to a coffee shop