Quote:
Originally Posted by thunda
Okay, the St. James is 46 stories and has about 300 units. For this hypothetical development, let's cut that in half: 20 stories and 120 units. Multiply that by six buildings per block and fifteen blocks in your development zone and you get 10,800 units. Assuming an average of 1.5 residents per unit, you get 16,200 new residents. Do you really think that demand will just materialize if some zoning changes happened?
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Do you think there is room for 6 St. James type buildings (at 1/2 height) on a block? Also expecting it go for 15 blocks seems way excessive. 7 blocks would seem to be the max before hitting the existing food distribution uses, plus the arenas take up 3 of those blocks, reducing the zone to 4 blocks.
Residential towers wouldn't have to happen immediately if ever, but should be planned for. Like how the wonderful Hilton Garden Hotel sits above the Gallery II parking garage. The infrastructure to build that hotel sat quietly built into the garage for decades before being utilized.
Right now we have nothing but arenas and large blacktop parking lots. Let's get started with some tiered parking garages with ground level retail that have the structure in place to support possible future residential towers. Fill the ground level retail with bars, restaurants, movie theaters, a Philly Sports Hall of Fame, and athletic activities like indoor rock climbing.
Add in some sort of public transportation linking the 2nd Street El Station via Columbus Bvld/Delaware Ave to Pattison subway station. An Atlantic City Jitney set-up using multiple independent operators running a set route at a set price could be a solution if PATCO or SEPTA can't or won't step up for that.
Four blocks of parking garages with retail should not be too big of a challenge (especially if Comcast is given some way to screw people on it). Penn's investment in University City is an example of how if you built it wisely, the residential towers will come.
The first tower to be built over a parking garage would probably be a hotel. The set-up mentioned above should be a tourist magnet. If Phillies, Eagles or Flyers were playing at a city with such a set-up, many of us would wind up there at some point for a long weekend.
One key to all of this is to keep it tastefully and pleasantly walled off from the neighborhood to the north.