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  #101  
Old Posted Aug 31, 2018, 12:34 PM
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nice renders but is anything actually happening out there? Has the new street been constructed?
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  #102  
Old Posted Nov 6, 2018, 1:16 PM
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Science Center debuts its latest building

https://www.bizjournals.com/philadel...-building.html

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If the Science Center has a problem, it may be that it can’t develop new buildings fast enough to meet growing demand for its space.

That’s not a bad problem to have, but it’s one the Science Center faces as it completes the development of 3675 Market St., a 14-story, 344,000-square-foot building on its UCity Square campus in University City. The building officially opens Nov. 9 and is already nearly fully leased.

“We’re where we were with 3711 when it opened,” said Joseph Reagan Jr., senior vice president Wexford Science & Technology, the developer of UCity Square and 3675 Market.

The last building Wexford completed for the Science Center was 3711 Market St., an $80 million, 155,000-square-foot structure it leased up even though it was during the height of the recession. It underscored how much demand was there and prompted the developer to move ahead with another building.

At its latest development, 3675 Market has 250,000 square feet of signed leases and a lot of tenant interest for the rest of the space, said Paul Garvey, a broker with Cushman & Wakefield who oversees the leasing of the buildings at UCity Square.

“The reception has been phenomenal,” Garvey said. “We have proposals out there for more space than we have. I don’t think we could put up the next building too soon.”

Rents on UCity Square have been some of the highest in the city and 3675 Market is no different. They have been in the $40s a square foot range.

The next building for UCity Square will be One City Square and take about two years to get out of the ground, Reagan said. That building is in the process of being designed and permits still need to be completed before One City Square moves forward but the site is ready for development. The building would be between 350,000 and 400,000 square feet.
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  #103  
Old Posted Nov 6, 2018, 2:15 PM
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Incredible! Looking forward to the next one.
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  #104  
Old Posted Nov 6, 2018, 2:46 PM
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I've seen extensive plans for the new 37th st. Don't know if I can post them here but it should open up the area very nicely.
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  #105  
Old Posted Nov 6, 2018, 2:57 PM
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Originally Posted by mcgrath618 View Post
I've seen extensive plans for the new 37th st. Don't know if I can post them here but it should open up the area very nicely.
Is this the one? 4 winter gardens seems interesting.

https://ucitysquare.com/property/one-ucity-square/

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  #106  
Old Posted Nov 7, 2018, 3:53 AM
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I'm not sure if this was posted, but I found this fun panoramic render of uCity Square https://vr.yulio.com/yoRVSCB8cv
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  #107  
Old Posted Nov 7, 2018, 4:07 AM
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Originally Posted by phishtown View Post
I'm not sure if this was posted, but I found this fun panoramic render of uCity Square https://vr.yulio.com/yoRVSCB8cv
Wow, that's very cool!
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  #108  
Old Posted Nov 7, 2018, 2:38 PM
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Originally Posted by phishtown View Post
I'm not sure if this was posted, but I found this fun panoramic render of uCity Square https://vr.yulio.com/yoRVSCB8cv

Also back on page 1 there are some drawings that are interesting.

Any one have any idea where this 1Univ Sq. is going to be placed? Market St. is built out east of 38th.
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  #109  
Old Posted Nov 7, 2018, 2:51 PM
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Also back on page 1 there are some drawings that are interesting.

Any one have any idea where this 1Univ Sq. is going to be placed? Market St. is built out east of 38th.
It's labeled on this map here: https://ucitysquare.com/wp-content/t.../site-plan.pdf
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  #110  
Old Posted Nov 7, 2018, 6:35 PM
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thanks. I'm surprised they would want to build a new building so far away from their existing buildings. If there's a slow down this building might be stuck out there by itself for quite awhile.
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  #111  
Old Posted Jan 14, 2019, 5:02 PM
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Talked to an insider on the project and found out some important pieces of info:
1. The street(s?) are expected to be walkable by the summer.
2. There will be a six story building with ground level retail and apartments. Likely will be the first building completed due to its small size. No word on shovels in ground.
3. There will likely be a K-8 school as part of the project.
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  #112  
Old Posted Jan 15, 2019, 2:20 PM
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Quote:
Originally Posted by mcgrath618 View Post
Talked to an insider on the project and found out some important pieces of info:
1. The street(s?) are expected to be walkable by the summer.
2. There will be a six story building with ground level retail and apartments. Likely will be the first building completed due to its small size. No word on shovels in ground.
3. There will likely be a K-8 school as part of the project.
Thanks for the update.

I know there was talk about part of this being turned into a park while waiting for most of the lots to be built, is that still happening?

Sounds like 3700 Lancaster (https://ucitysquare.com/property/3700-lancaster-ave/). If that's what's being built next, between this and Lancaster Mews, that avenue is going to get a huge injection of life in the next few years.

Also, guessing the school will be tied to Drexel ala Penn Alexander with Penn.
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  #113  
Old Posted Jan 15, 2019, 3:57 PM
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Also, guessing the school will be tied to Drexel ala Penn Alexander with Penn.
If true, this would be HUGE. People pay quite the premium to live within the Penn-Alex catchment. No doubt, such a school would attract buyers priced out that area and would speed along the gentrification of Mantua big time. This is definitely something to keep an eye on.
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  #114  
Old Posted Jan 15, 2019, 4:01 PM
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^
Is the above any part of this, so called Platinum Corridor? Or are they different developments all together?

https://www.bizjournals.com/philadel..._news_headline
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  #115  
Old Posted Jan 15, 2019, 4:36 PM
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Originally Posted by iheartphilly View Post
^
Is the above any part of this, so called Platinum Corridor? Or are they different developments all together?

https://www.bizjournals.com/philadel..._news_headline
Completely different. University Place is trying to offer an alternative to the Science Center in the area, but I frankly don't think the market is there yet.
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  #116  
Old Posted Jan 15, 2019, 4:42 PM
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Originally Posted by McBane View Post
If true, this would be HUGE. People pay quite the premium to live within the Penn-Alex catchment. No doubt, such a school would attract buyers priced out that area and would speed along the gentrification of Mantua big time. This is definitely something to keep an eye on.
I'm told Science Leadership Academy is the school planned for UCity Square. Its a school district school partnered with Franklin Institute that currently operates out of 3 different buildings.
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  #117  
Old Posted Jan 15, 2019, 4:42 PM
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Completely different. University Place is trying to offer an alternative to the Science Center in the area, but I frankly don't think the market is there yet.
I thought they were different, but needed confirmation. Ok, cool! Thanks.
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  #118  
Old Posted Jan 15, 2019, 4:47 PM
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I'm told Science Leadership Academy is the school planned for UCity Square. Its a school district school partnered with Franklin Institute that currently operates out of 3 different buildings.
Yeah SLA Middle School also partners with Drexel, so they were partially right.
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  #119  
Old Posted Jan 15, 2019, 4:48 PM
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Completely different. University Place is trying to offer an alternative to the Science Center in the area, but I frankly don't think the market is there yet.
University Place 3.0 is half leased, I'm told that they may be able to start construction within a few months (we've heard this before about this project). Here's the latest rendering:

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  #120  
Old Posted Jan 15, 2019, 6:52 PM
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Sharp looking building!
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