When events mega-company LiveNation approached Philadelphia design firm EwingCole about transforming the former Ajax Metal Company into a 3,000-person music venue and entertainment complex, it was a daunting proposition, said speakers at a recent ULI Philadelphia event which toured the site. Modeled off the iconic 1960s venue in San Francisco, Live Nation now operates six Fillmore-branded venues across the United States, with a seventh on the way in New Orleans.
Jane Jacobs, best known as the author of Death and Life of American Cities, would have celebrated her 100th birthday this year. A new biography, Becoming Jane Jacobs, by Clemson University professor Peter Laurence purports that the most venerated figure in urban planning today is also among the most underappreciated and misunderstood, even by her staunchest supporters.
The economic forecast for the next three years likely will be mixed, panelists said at the ULI Spring Meeting in Philadelphia, thanks to slowing productivity, job growth that is relegated primarily to low-wage sectors, and imbalances in real estate markets driven by shifting consumer preferences and incomes.
At ULI’s 2016 Spring Meeting in Philadelphia, three developers explained how increasingly crowded downtown markets are driving denser waterfront projects at marginally built-out sites in inner-ring suburbs. As Jim Tinson, CEO of Hart Howerton, said, his company was honing innovative ways “to unlock the waterfront’s potential.”
A decade ago, the 2200 block of Grays Ferry Avenue, the one-third of a triangular intersection girding an inoperative 19th-century fountain, was mostly prized for the handful of parking spaces it offered. Today, the street is closed to vehicular traffic and festooned with planters, painted asphalt, café tables, and a bike-sharing station.
Of the hundreds of visitors who climb the steps of the Philadelphia Museum of Art each day, few are likely aware that they are standing in the midst of a colossal failed experiment in water treatment.
A recent study concluded that unfunded liabilities total nearly $100 billion at the city level and nearly $1 trillion at the state level. As the first chapter of this book lays out, the total cost of U.S. pension shortfalls may exceed $4 trillion.
For suburban developers, density used to be a dirty word, but not anymore. “It’s really about using less land to generate more tax revenue and income. I think everybody’s figuring this thing out now,” said James Mazzarelli, senior vice president of Liberty Property Trust, speaking at a recent ULI Philadelphia event.
Rather than a prohibitively costly replacement of the existing sewer system, Philadelphia and other cities are undergoing one of the largest green infrastructure projects in the United States.