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Originally Posted by Winston
In the aerial shot, it looks like it's giving the finger to the Comcast Building.  |
Maybe that will be the marketing angle in a bid to get Verizon to move thei NYC HQ here.
as for office demand, sure, space is tight but that's been largely driven by the medical and educational institutions, not a growing private sector.
I just read this morning that Philly ranked 12th in desirable locations. It lagged mostly in a moribund commercial sector and entreprenurial spirit. and there's this admission:
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Office developers in Philadelphia have always felt market rents couldn't support new construction, and Miller concedes existing city and state incentives should be tapped to lure companies from outside the state to his building. He is not seeking to make his site a Keystone Opportunity Zone, which Liberty Property Trust had unsuccessfully sought with Comcast Center. Brandywine Realty Trust constructed Cira Centre on an opportunity zone and has plans to construct another office building on a KOZ in University City.
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http://www.bizjournals.com/philadelp...726400^1604307