Wawa coming to Broad and Spring Garden

Discussion in 'Fairmount / Spring Garden / Francisville' started by mixiboi, May 13, 2016.

  1. mixiboi

    mixiboi Philly Remixed

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    Hidden in the Divine news:


    Developer to honor Divine Lorraine's hotel heritage
     
  2. New2Fishtown

    New2Fishtown Well-Known Member

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  3. eldondre

    eldondre Well-Known Member

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    a small market would be a good fit for one of these smaller spaces
     
  4. mixiboi

    mixiboi Philly Remixed

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    Spring Garden and Broad finally filling in...
     
  5. Titus

    Titus Well-Known Member

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    I won't be happy until both the damned surface lots on the north corners are built on.
     
  6. Burholme06

    Burholme06 Well-Known Member

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    I hope they aren’t planning on a suburban-style super Wawa w/ gas station.
     
  7. mixiboi

    mixiboi Philly Remixed

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    No, the lot isn't big enough for that, plus its sharing a building with BoA...
     
  8. Burholme06

    Burholme06 Well-Known Member

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    Perhaps not a full blown store but it is big enough to make a pretty decent abomination similar to the northeast corner of Broad and Girard.
     
  9. eldondre

    eldondre Well-Known Member

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  10. MNG1324

    MNG1324 Well-Known Member

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    Over 500k of new office space at Broad and Spring Garden?

    Who's going to pay the $40 per square foot that new construction warrants? I have my doubts about this one.
     
  11. Jayfar

    Jayfar I'm very old®

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    "The developer is also banking on the building’s design with lots of glass, large floorplates, ability for exterior signage and other characteristics will lure office tenants to the site. Though there is optimism about attracting tenants to kick off the office building, there is some flexibility that allows the developer to adjust the size of the office component, even eliminate it, depending on how the market responds but that’s not the objective."
     
  12. DocAwesome

    DocAwesome The Doctor is In

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    Ah the ol' magically dissapearing "Phase 2".
     
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  13. eldondre

    eldondre Well-Known Member

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    you have to hedge your bets but I like that someone is even bothering to test the market
     
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  14. fiveomar

    fiveomar Well-Known Member

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    There are other commercial offices right there so it's already been tested. Namely, the data center at 1500 Spring Garden which used to be used by SunGard but is now used by Netrality I believe (annex to the larger data center at 401 N Broad St).
     
  15. eldondre

    eldondre Well-Known Member

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    those buildings have been there awhile
     
  16. MNG1324

    MNG1324 Well-Known Member

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    1500 Spring Garden isn't a comp for new construction. Those rents are probably in the low 20's for the office users and CBS, I'm not sure about the data center rates since that's an entirely different user with different needs.
     
  17. Nytecat

    Nytecat Well-Known Member

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    mixiboi, fiveomar and Titus like this.
  18. mixiboi

    mixiboi Philly Remixed

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    Hey you gotta believe, East Market Phase 2 is happening!
     
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  19. MNG1324

    MNG1324 Well-Known Member

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    When they renovate the Girard building and start demoing that awful garage on the 1100 block of Chestnut then I will believe.
     
  20. eldondre

    eldondre Well-Known Member

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    the former inquirer building was built in 1923 in what wa then a burgeoning part of the city, then the terminal commerce building was 1930, 1500 Spring Garden was built in 1947 and little else since at this location as the city entered long term decline. this would be the first privately built office space of any size in this stagnant submarket since 1947 as far as I can tell.
     
  21. Frejo

    Frejo Well-Known Member

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    Just say it, since the City came under Democrat leadership.
     
  22. fiveomar

    fiveomar Well-Known Member

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    Is it really that old? I guess it was reskinned. Terrible architecture nonetheless.
    [​IMG]
     
  23. mixiboi

    mixiboi Philly Remixed

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    Starting later this year:

    East Market: Stephen Girard Building - BLTa
     
  24. MNG1324

    MNG1324 Well-Known Member

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    I can't tell from the link....Office space, apartments or hotel?
     
  25. mixiboi

    mixiboi Philly Remixed

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    Hotel..With Retail

    [​IMG]
     

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