June 9, 2015 |
Long wallowing in deterioration and neglect, Philadelphia's East Market neighborhood is on the verge of becoming a lively bridge between City Hall and Independence Mall. Though grateful for the corridor's upward momentum, the city should not be so desperate as to accept whatever is offered by developers who also stand to benefit from the transformation. Plans to refurbish the dowdy Gallery mall are vague so far, though the developers, Pennsylvania Real Estate Investment Trust and California-based Macerich, promise a better flow of foot traffic between the street and shops, as well as more glass and other architectural flourishes.
July 15, 2013 |
In gritty urban centers such as Hoboken, Jersey City, and Philadelphia, manufacturing's decline left behind carcasses of abandoned factories in the 1960s and 1970s. In some neighborhoods, those same battered bastions of industry have been reborn as chic lofts for latte-drinking millennials or charmingly reconfigured as offices with open floor plans and coffee bars. These days, there's another type of building carcass worrying urban planners, government officials, and developers.
June 29, 2012 |
Philadelphia's dominant office landlord is speeding plans to put apartments on its vacant land. "Residential, retail and hotel land values have been accelerating faster than what we have seen for office development," Brandywine Realty Trust chief executive Jerry Sweeney told me Wednesday, explaining the shift. Brandywine controls five of the 10 biggest office towers in Center City, and suburban office centers around Philadelphia, Washington, Richmond, Va., and Austin, Texas.
January 11, 2006 |
As his second term began, Mayor Street announced an ambitious plan to raise $500 million for riverfront development for the city. Now, after two years of unsuccessful wrangling with City Council for funds, Street has decided to pursue just a quarter of the money he originally wanted. The decision to shrink the program follows the administration's failure to garner enough City Council support to spend even an initial $125 million. City Commerce Director Stephanie Naidoff said the administration had been considering reducing the fund since the spring.
January 11, 2005 |
Moving to counter complaints that a 5,000-machine slot parlor in Center City would clog nearby streets, the owner of one potential site says most gamblers would come by foot and public transit, not car or chartered bus. A decision on where to put one of two Philadelphia slot parlors is more than six months away, but jockeying for public opinion is well under way. Last month, Caesars Entertainment Inc. presented plans for a $350 million development...
April 1, 2004 |
Great Valley Corporate Center, the pioneering suburban office park started by Willard G. Rouse III 30 years ago, is entering its fourth architectural period. In the beginning, buildings were designed to blend into the farmhouses and wheat fields that dominated the area, recalls architect Daniel Cathers, designer of many buildings in the 700-acre complex between Routes 202 and 29, in East Whiteland. "The warm-country look worked for a while," he said. Later came buildings with a metallic high-tech look and feel, followed by the precast-concrete-and-glass style that evolved as suburban offices gained popularity.
January 13, 2003 |
With its office vacancy rate creeping past 25 percent, there's a lot of talk these days about the Conshohocken area's being overbuilt. And tied up in traffic. To the developer of the community's largest office park, Tower Bridge, such talk brings a sense of deja vu. "We've been through cycles before," said Donald Pulver, chief executive officer of the Oliver Tyrone Pulver Corp. "One Tower Bridge opened in a time similar to this, the recession of 1990. " Conshohocken will prevail because it is close to choice residential areas and at an expressway interchange in the center of the region, he said.
March 23, 2000 |
A new player - the state Department of Environmental Protection - may have entered the redevelopment sweepstakes here. Mayor Ted LeBlanc said yesterday that, last Saturday, he showed representatives from DEP and O'Neill Properties of Wayne several locations - all within a short walk of the Montgomery County Courthouse - for an office building that could house the agency and other tenants. According to the mayor, he and O'Neill favor the former McDonald's property at Main and Cherry Streets, which is about a block from the courthouse and Hancock Square.
November 16, 1998 |
Last spring, Davis Enterprises caused a buzz in South Jersey's real-estate-development community. It started construction of a two-story, 40,000-square-foot office building at Sagemore, its mixed-use development on Route 73 in Marlton, without having lined up a single tenant for it. Last month, Liberty Property Trust also jumped into the speculative or "spec" market, breaking ground for a one-story, 35,000-square-foot office building at...
May 7, 1998 |
After almost two hours of discussion on a controversial proposed office development off Lindenhurst Road, the Newtown Planning Commission Tuesday night postponed further discussion and a vote until its May 19 meeting. The 24-acre site already is zoned for office and research use. The project manager, J. Halleck Hoeland of Princeton Development Group, repeatedly assured the commission that the developer and the owner, Community Association Underwriters (CAU), would comply fully with local ordinances despite numerous details that remain to be settled.