1- Chestnut Street looks a hell of alot better these days-
2-The businesses have been warned plenty, and I believe that one of the deals they have with PenDot and the city is that no business will have to be closed. Yes, inconvienenced but not closed. 1 block at a time I believe, 1 side of the block and then the other.
3-Vacancies are all relative my friend. When Landlords are asking extreme rents that is what they get.
Ever hear the old Real Estate theory that once the banks come in, rentals are unaffordable? Well now we have 3 large branches in the area. This escalates the rental numbers. Citi Bank joines Commerce (busy as hell) and Wachovia.
Either way I agree with you that the businesses need to be careful through this time period, but assuming it starts in February then 3rd -5th can be completed before the tourists season of the summer.
Do you not agree that we can make this area of Philly more like GTown??
You wrote: Will street improvements make the street prettier-sure, but it will also cost people jobs and owners their businesses during the process. Chestnut Street is finally rebounding from their years of a streetscape fiasco, and the executive director of the Center City District has strongly warned the south street area of what closures will do to the business climate....
But your perception is much better than the facts I have at my disposal, so please continue.
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