Development in Francisville

Discussion in 'Fairmount / Spring Garden / Francisville' started by eldondre, Jun 25, 2009.

  1. eldondre

    eldondre Well-Known Member

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    I like the lifesaver version of the facade but as a tenant I'd hope he keeps the huge windows that were underneath it. very attractive
     
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  2. Titus

    Titus Well-Known Member

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  3. eldondre

    eldondre Well-Known Member

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    Notice of demolition 1734 Ridge ave, former church and before that theater I believe
     
  4. fiveomar

    fiveomar Well-Known Member

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    I was worried for a moment that they were going to be knocking down a nice piece of architecture, but then I pulled up the streetview:
    Google Maps

    Still, someone should salvage that nice cornice.
     
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  5. eldondre

    eldondre Well-Known Member

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  6. Titus

    Titus Well-Known Member

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  7. Frejo

    Frejo Well-Known Member

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  8. eldondre

    eldondre Well-Known Member

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    I wonder if MJL bought Rye bread's old building and got them to move out to demo the old building. just a thought since it says the building sold
     
  9. billy ross

    billy ross Well-Known Member

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    Don't leap to conclusions like that. Often bringing a building like that back is very doable.
     
  10. eldondre

    eldondre Well-Known Member

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  11. RonMcNasty

    RonMcNasty I'm always right

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  12. eldondre

    eldondre Well-Known Member

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    urgent care would be a great addition to the neighborhood IMO...depending. I have not been to the one on fairmount since it gets bad reviews but the Jefferson one downtown is really nice
     
  13. eldondre

    eldondre Well-Known Member

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    18th and fairmount
    Addition and a Restaurant Coming at 18th & Fairmount - OCF Realty
    stone's will sprout a few floors as well
    Stone's On the Outs, Mixed-Use Building On the Way at 17th & Fairmount - OCF Realty
     
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  14. Tartan69

    Tartan69 Pawn in game of life

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    About time on the Stone's building. That place has been an unkempt eyesore for too long. Glad they aren't moving though. (yes I realize that's tantamount to wanting to have your cake and eat it too).

    Also I give Al Wachlin credit for doing a really nice job with his Mortgage Security Trust building.
     
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  15. Titus

    Titus Well-Known Member

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    Glad to see something happen there but not happy to see more of Feibush anywhere.

    Yeah Wachlin did a great job - now if he's only rent the place.
     
  16. eldondre

    eldondre Well-Known Member

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  17. fiveomar

    fiveomar Well-Known Member

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    OCF (Feibush) runs a blog about real estate development, they're not actually involved with these particular projects.
     
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  18. Titus

    Titus Well-Known Member

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    Thanks - I saw the blog post and made an assumption...
     
  19. Tartan69

    Tartan69 Pawn in game of life

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    Blog confusion aside, I'm curious as to why you have that feeling?
     
  20. Titus

    Titus Well-Known Member

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    I think he's a horrible example of a developer - consistently demolishing historic structures to build overpriced poorly designed housing. That's my personal opinion.
     
  21. Jayfar

    Jayfar I'm very old®

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    I would say those are rare exceptions, rather than the rule. The bulk of his construction is on vacant lots from what I've seen and read.
     
  22. MarketStEl

    MarketStEl Will Work for Food, But Prefers Cash

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    Jayfar beat me to it, but he's right - Feibush isn't into knocking stuff down in order to build new stuff.

    The OCF blog (nee Naked Philly) has been an excellent source for the small developments that are the real fuel of this city's turnaround for several years now. Shoot, when Noah asked me to run his blog, I modeled it after OCF's.

    But you're not alone in your feelings about Feibush in general. He has as many detractors as fans, it seems.
     
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  23. Tartan69

    Tartan69 Pawn in game of life

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    One could argue that his issues on Fairmount Ave stemmed from his wanting to NOT knock down and instead improve existing.

    One could also argue that his issues stemmed from not properly kissing the ring. That's where a good portion of his detractors come from.
     
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  24. MNG1324

    MNG1324 Well-Known Member

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    He's the willing face of gentrification for Point Breeze.

    I guess they need a villain and he's it. It sure helps other developers but in reality the local(loco) RCO can only slow the tide by limiting supply which in affect leads to higher home prices and quicker displacement of renters. The delay in the mapping of area to reflect the new zoning code and the pay per play that happens to the sale of Government owned lots is the reason he ran against Johnson. But in the end gentrification is going to happen based on the location of the neighborhood.
     
  25. eldondre

    eldondre Well-Known Member

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  26. Tartan69

    Tartan69 Pawn in game of life

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  27. Titus

    Titus Well-Known Member

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  28. Tartan69

    Tartan69 Pawn in game of life

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    This is a failure of the Historic Commission to follow its own rules. I'm not apologizing for Feibush, but it is absolutely his right to wring those pennies out of his investments as long as he's playing within the rules. And he is, is he not?

    I'd be very interested to know who the "someone with more experience in these things" is...
     
  29. Titus

    Titus Well-Known Member

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    It is his legal right to wring every penny out of an investment, but personally, I think we have moral obligations to consider whether the public good might be considered.
     
  30. Tartan69

    Tartan69 Pawn in game of life

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    From a personal perspective I agree. In my very small portfolio of real estate holdings, I prefer to conserve and update to historical standards (when I can afford it) just because that's the kind of person I am and the types of properties I prefer. However I also feel that it isn't my right to foist that personal opinion on others as long as they are following the law. A high functioning society follows laws, not subjective feelings.

    Suggest the best solution for these cases is to either directly influence the investor to change their mind, or go about changing the law. More specific to this instance, the best solution might be to change the commissioners on the historical board who are too inept to understand their own rules of order.
     

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