Tag Archives: Philadelphia

A Wealth of Development Opportunities Arise if Philadelphia’s Hahnemann Hospital Closes

Hahnemann University Hospital in Philadelphia has filed for bankruptcy and faces possible closure. If the medical campus closes, there are obvious concerns about serving the community’s health needs, as well as the loss of jobs of those who work there. But according to the Philadelphia Inquirer, the seven medical buildings and parking garage that take up over nearly six acres on Broad Street along the Vine Street Expressway could become one of the “most enticing-if challenging” development sites the city has seen in years.

The age and condition of the buildings make it difficult to modernize to continue its use as a hospital. But the site sits between Center City and Broad Street making it a “gateway” location for redevelopment should that inevitably happen. At this point, there is no consensus of what kind of development it would be or if it would encompass the entire site or pieces of it.

Should redevelopment happen, it won’t be the first hospital site in the city to be redeveloped and re-imagined. The former Mt. Sinai Hospital at 400 Reed Street was turned into nearly 100 luxury townhomes with “pocket parks” and pedestrian walkways configured into the buildings’ layout. Southwark on Reed became the fastest selling townhome project in Philadelphia to date.

But Hahnemann’s future at this point is unknown. The president of the Center City District Business Association, Paul Levy, told the Inquirer that while his group hopes to keep the services and employment from the hospital if it closes, but there would be a huge, new opportunity for the city.

“The top priority is to preserve the medical services and jobs the hospital represents,” Levy said. “If, unfortunately, it was impossible to save them…it could create a whole new zone in the city.”

RELATED STORIES:

Bernie Sanders Holds a Rally Against Hospital Closure, abc Action News Philadelphia.

 

Philly Set To Open Its “Yards”

As tourists head for Hudson Yards in New York City this summer, Philadelphia is ready to unveil the first part of what it hopes will eventually be a similar experience—the 14-acre, $3.5 billion West Philadelphia renovation dubbed Schuylkill Yards.

The first of the four projects that will make up Schuykill Yards will open in June. Drexel Square is a 1.3 acre park located across from the 30th Street Station. The space is part of approximately six acres of the project that has been reserved for public space. Drexel Square has been described as the lynchpin of the project and overall vision for the area.

“Some people think you put a big tall building here right outside the train station,” developer Brandywine Realty Trust’s chief executive Gerard H. Sweeney told the New York Times in 2018. “But you’ve got to create a platform for excellence, and the way you do that is you invest in public space. You create a place where people want to be.”

The City of Brotherly Love’s Yards won’t have the size and sparkle of Manhattan’s version, but developers hope to create its own Philadelphia-specific experience, something that doesn’t feel corporate or created but more like a neighborhood that came about organically.

The 14 acres of Schuykill Yards sit between 30th Street Station and Drexel University and the University of Pennsylvania and will take 15 to 20 years to finish development of the entire area. It is all part of an attempt to pull together Philadelphia’s Center City district with University City and all of the business, research, and residential development in the area to form a singular downtown, according to the philly.com.

After Drexel Square, the next phase of the project is the renovation of a former newspaper building that borders the eastern edge of Drexel Square. Architects plan to keep the 50s industrial structure as they give it a modern makeover, according to the philly.com article.

Finally this winter, developers are scheduled to break ground on two towers—a more than 770,000-square-foot office building and a mixed use building next door that will have 344 apartments plus 200,000-squre-feet of office space.

The end result will 6.9 million square feet of office, lab, residential, and green space, a coming together of the business, retail, academic, commuter, and residential worlds. And another city Yards, just 90 miles south.

Excitement Grows as State-of-the-Art Comcast Technology Center Nears Completion

The most mentioned feature of the stunning new Comcast Technology Center in Philadelphia is its height. Whenever anyone talks about the new tech hub and 60-story, skyline-defining building, they will no doubt bring up the 1,121 feet that make it the ninth tallest building in the United States and tallest outside of Chicago or New York.

But developer Liberty Property Trust’s mixed used space at 1800 Arch Street is much more than a gleaming tower that looks down on the rest of the City of Brotherly Love. Designed by Lord Norman Foster of Foster + Partners with Kendall/Heaton Associates Inc as the Architect of Record and L.F. Driscoll Co as the general contractor, BOSS Magazine named the building one of the most interesting construction projects of 2019.

The state of the art steel and concrete building with glass façade has a “split core” that allows for as much light as possible inside during the day. A chilled beam system will keep the interior cool and the structure is designed to shelter the outdoor spaces and plaza from Philly winters. The building was designed to attain LEED Platinum certification.

The $1.5 billion building has 1.8 million square feet—1.3 designated for “office space” (designed as much more open than typical office according to those who have toured Comcast’s already open offices in the building), 200,000 square feet for a 200+ room Four Seasons luxury hotel and 3,770 of retail space. It will house the local NBC and Telemundo studios as well. There is an “accelerator space” for tech start-ups and a commuter concourse underground to connect to the sister Comcast building as well as mass transit. The top floor will have a world-class restaurant from Jean-Georges Vongerichten.

The building’s lobby, complete with gardens, artwork, and coffee bar, opened to the public in October. Comcast employees are working in some of the office space as the construction continues on other floors. The project is expected to be completed spring 2019.