Thursday, January 19, 2017

7 Major Projects Planning to Break Ground in Philadelphia

There are no less than seven major projects in various stages of the approval process waiting to get underway in Philadelphia, including the Hyatt Centric Hotel, PHA Headquarters, and the 4th and Callowhill Towers.


Philadelphia Housing Authority New Headquarters

2013 Ridge Avenue

 

The Philadelphia Housing Authority plans a five-story limestone-and-terra-cotta office building at Ridge Avenue and Jefferson Street in the city's Sharswood neighborhood as its new headquarters.

Plans for the 119,000-square-foot PHA building also call for retail space and a cafe on the structure's ground floor.

The PHA is moving its headquarters from western Center City to Sharswood, a neighborhood just north of Girard College, as part of its $500-million redevelopment plan involving hundreds of new homes for the North Philadelphia neighborhood. An 18,500-square-foot Save-A-Lot grocery store is also planned near the new PHA headquarters building.

Architect: BLT Architects


Aramark’s New Global Headquarters

2400-2414 Market Street

 

Aramark has big plans for its new global headquarters on Market Street. The $15 billion, Fortune 200 global leader in food, facilities management and uniforms plans to relocate to 2400 Market Street in early 2019.

Situated along the Schuylkill River, the existing structure, originally built as a Hudson Motor Car Company plant in the 1920s, will be transformed into a modern, 600,000 square foot, nine-story building with an emphasis on innovation, sustainability and green space.

Aramark will occupy the top five floors and nearly 300,000 square feet as the building’s anchor tenant. Building plans include featuring the Aramark logo in a similar manner to the company’s iconic sign atop its current 1101 Market Street location.

Architect: Gensler
Developer: PMC Property Group


Hyatt Centric Hotel

1612 Chancellor Street


Big plan are afoot to construct a new 12-story, 300-room Hyatt Centric hotel at 17th and Chancellor Streets. The hotel will be constructed on a site where a four-story parking garage now stands. Little Pete's diner, in the retail portion of the parking structure, will have to search for another location.

The hotel is planned to have a rooftop restaurant, underground parking and retail space.

The Hyatt Centric will be the second Hyatt hotel in Philadelphia's inventory along with Hyatt at the Bellevue on Broad Street. The 348-room Hyatt on Penn's Landing, earlier this year, was rebranded as a full-service Hilton hotel called Hilton Philadelphia at Penn's Landing.

The lifestyle brand Hyatt Centric, by Hyatt Hotels Corp. was introduced early last year, becoming the sixth brand Hyatt has introduced since 2006. The Hyatt Centric name was inspired by the brand’s mission of putting its guest at the center of the action in the best destinations.

Architect: DAS Architects


4th and Callowhill Towers

Tower 1: 309-315 Callowhill Street

Tower 2: 444 N. 3rd Street


This Cecil Baker + Partners-designed project will bring two 23- and 26-story residential towers to a mostly industrial area between Old City and Northern Liberties. The design was driven by the East Callowhill zoning overlay, which was passed to encourage more mixed-use development.

The project is using storm water management, a public space, mixed-income, and retail for added height bonuses that are within the ECO.








2501 Washington Avenue

Plans call for 17 single-family townhomes, two 2-family dwellings, and another 5-story mixed-use development with 64 multi-family dwellings on the fairly drab corner of 25th and Washington in Grays Ferry.

The goal is to enliven the corner with retail on the ground and basement levels of the mixed-use building, and make the area a more popular neighborhood.

Architect: PZS Architects



1845 Hartranft Street

Down in South Philly, this DesignBlendz project calls for 34 residences with 28 garages and 12 parking spaces.

Plans for the interior courtyard include a green wall to bring some life to the development.

Architect: DesignBlendz






4440-42 Ridge Avenue


This Harman Deutsch-designed proposal for a 136-unit mixed-use development would be neighbors to the already under construction Ridge Flats development at 4300 Ridge Avenue and Falls Bridge Lofts next door.

Architects: Harman Deutsch


Monday, January 16, 2017

Copper Prices Jump 28% Since November; Wire Prices to Follow...

Copper prices rose by more than 28% since the end of October, regaining price levels metals investors haven’t seen since July 2015. The red metal had been lagging behind growth in other metals prices through most of this year then jumped by more than it has since 2011

After seeing $2.08 per pound during the last week of October, copper prices began a gradual rise and then really took off Nov. 8, the day of the U.S. general elections, hitting $2.66 per pound this month.

The reasons for the jump appear to go beyond enthusiasm for an expected boost in demand since Donald Trump took office as U.S. President on January 20th.

John Gross, publisher of The Copper Journal, likewise sees the recent move as speculative. "There is no quick—and easy answer to address the near 60-cent move up over the past two months," he said.

“The best we can say is that after copper initially broke through resistance, more buying came in, and the buying accelerated as each previous high point was surpassed. The fundamentals have not changed in any meaningful way, and don’t warrant the move. This level of volatility is no good for anyone, except for speculators who got it right."

What does this all mean for the electrical contractor? 
It means that next purchase of 500MCM is going to cost you a lot more than it did last year... 

Friday, January 6, 2017

Orbit Industries Opens New Distribution Center & Factory on East Coast

Orbit Industries has opened a 450,000-square-foot regional distribution center (RDC) and factory in Morristown, Tennessee, The facility is the first location Orbit has established outside of its main Los Angeles headquarters.

Between Orbit’s Morristown facility and Los Angeles warehouse, Orbit can deliver products anywhere within the continental United States in three days or less.

The Morristown RDC will stock all Orbit products, shipping all 6,000-plus catalog items to the East Coast out of the Tennessee facility.

“We are always looking for ways to better service our customers,” said Marcus Bannerman, Orbit’s national sales manager.

“Delivery time on the East Coast has always been a complication for us. Our new Tennessee facility will help provide a solution to our East Coast customers and get material to them faster than ever before.”

In addition to warehousing, Orbit will soon begin manufacturing at the plant to meet “Made in America” standards. Currently Orbit’s BCHS and RAP Plates are already manufactured in the United States. The introduction of this manufacturing plant will allow other products to soon begin following suit.

The manufacturing plant is expected to be fully operational before the end of 2017. Other future plans include a state-of-the-art training center, which will allow customers, visitors and representatives to test out Orbit’s more innovative prefab products.

Orbit’s product line is UL- or ETL-listed and includes steel junction boxes and accessories; NEMA enclosures; weatherproof products; electrical fittings and elbows; emergency/exit lighting; photoelectric controls; and LED lighting.

LEARN MORE ABOUT ORBIT 
http://www.orbitelectric.com  
Click logo for more Information



Monday, January 2, 2017

Thea & Schoen Acquires William B. Bleiman & Sons

A merger of major electrical manufacturer rep firms is causing a stir in the Mid-Atlantic region. Thea & Schoen, based in Clifton, NJ, announced its acquisition of William B. Bleiman & Sons, Inc., a Philadelphia-based agency serving the Mid-Atlantic and Baltimore/DC territories since 1940.

The merger brings together top names in adjacent territories. Thea & Schoen’s primary concentration has been in the northern New Jersey and New York City metro markets, where the firm represents traditional electrical as well as audio/video manufacturers and recently launched a new division, Empire Lighting, built around its relationship with Philips Lighting to represent its professional products portfolio.

Bleiman & Sons, meanwhile, has its roots deep in the Philadelphia metropolitan area and southern New Jersey as well as Maryland and Washington, D.C.

Both firms are third-generation family-owned agencies with line cards packed with high-profile electrical manufacturers.

Both have existing relationships with General Cable, Bridgeport Fittings, Cantex and Ilsco. Thea & Schoen represents a wide assortment of the Hubbell package of brands plus Klein Tools, Robroy, Lutron and Erico.

In a letter to clients, Thea & Schoen said the integration of the two firms “will only help strengthen those relationships with our enhanced offering of services. We will work together as one unified team to provide our customers with the highest quality products and services in the industry.”

Bleiman & Sons will continue to operate out of its current offices in Conshohocken, Pa., supported by the Thea & Schoen team and facilities including their 250,000 sq. ft. warehouse in Clifton, NJ. T&S said to look for rebranding in the coming months.

Click Here to visit the William B. Bleiman & Sons website

Click Here to visit the Thea & Schoen website
 

Friday, December 16, 2016

#1 Story for 2016: Massive $6.5B Redevelopment Planned for University City

University City is in for some major changes thanks to a new redevelopment plan from Amtrak and partners SEPTA, Brandywine Realty Trust, and Drexel University. The plan will be the single largest development project in the Commonwealth of Pennsylvania and turn West Philadelphia into a regional economic hub. 

The development is expected to cost $6.5 billion, with $2 billion going to infrastructure investments and the other $4.5 billion coming from developers.

The project is expected to create 22,000 construction jobs and another 10,000 permanent jobs, and add 8,000 to 10,000 residents to the city’s population.

The massive venture will focus on the area around 30th Street Station, the second-busiest station in the Amtrak system, ultimately turning the area into a second downtown for Philadelphia.

Plans for the station and surrounding neighborhood will start with the capping of the existing Amtrak and SEPTA-owned rail yards to accommodate 10 million square feet of development along the Schuylkill River.

Click to enlarge
New office, retail and residential buildings containing 18 million square feet of total space and 40 acres of open space would be created, with most of the development privately financed.

The project will include housing for 10,000 residents and create 1.2 million square feet of commercial space.

Three pedestrian bridges across the Schuylkill River, linking University City with Logan Square and Center City, are also planned.

The redevelopment site consists of a total of 175 acres in the University City neighborhood, 88 of which is occupied by the Amtrak rail yard.

This project is the culmination of a two-year study of the site, which extends east of Drexel’s campus between Walnut and Spring Garden Streets and northeast from 30th Street Station.

Among the infrastructure improvements are plans to relocate a ramp for the Schuylkill Expressway in favor of a new bus terminal.

Click to enlarge
In addition to the bus facility, Amtrak also plans to expand The Porch at 30th Street Station.

A new gateway park will surround the facility with a tree-lined promenade along the river, a west-side plaza that could be used for large-scale events and a north plaza along Arch Street.

The 30th Street Station itself will also receive a major renovation that will add retail space and a new pedestrian plaza around the train station.

A new underground concourse that will connect the SEPTA subway station at 30th Street to the Amtrak station, is also planned.


   

Monday, December 12, 2016

#2 Story for 2016: $280M W Hotel to Rise on Chestnut Street

Chestlen Development is beginning work for a 52-story tower that will soon begin to rise at 1441 Chestnut Street in Center City. The 780,000 square foot project will construct 755 hotel rooms, of which 295 rooms will be managed under the W Hotel brand and 460 rooms dedicated to the Element by Westin. The development is projected to create 1,800 construction jobs and 450 permanent jobs and is expected be completed by Spring 2018.
 
The W Hotel and Residences will rise 582 feet and have 41,000 square feet of meeting and banquet space, an 8,600-square-foot restaurant, and three levels of  below-grade parking garage for 185 vehicles.

Element Philadelphia will feature 460 rooms and a 6,392 square-foot sky lobby, and W Philadelphia will feature 295 rooms, a 2,900 square-foot spa, a 3,505 square foot outdoor pool and deck, a 1,590 square foot pool bar, and a 2,974 square foot garden area.

The tower will also include more than 1,700 square feet of retail space on the ground floor at the corner of 15th and Chestnut.

Tutor Perini is building the 769,704 square-foot project for Chestlen Development. Cope Linder Architects is the project designer.

The project, which sits across from City Hall and next to the Ritz Carlton, is estimated to cost $280.4 million.

Chestlen Development will put up $205.4 million, and receive $75 million in tax-payer subsidies over 20 years.

It is not unusual for the city to arrange tax incremental financing for construction projects, especially if the work will give an otherwise blighted area an economic boost.

However, tax incremental financing can be controversial when it is put into areas where development would likely have happened without it.

Once the project is completed, it is expected to generate $220.6 million in incremental tax revenues over 20 years and will represent an estimated $25.8 million net gain to the city and $12.3 million to the school district over those two decades.

The W Hotel and Element by Westin is expected to be completed by Spring 2018.
 

Wednesday, December 7, 2016

#3 Story for 2016: Drexel University Plans $3.5 Billion “Innovation Neighborhood”

Fourteen acres next to Philadelphia’s 30th Street train station will be transformed into a $3.5 billion “innovation neighborhood” designed to mix education, housing and entrepreneurship, under plans unveiled by Drexel University. 

Schuylkill Yards is the name of the mixed-use project, which will add up to eight million square feet of offices, labs, and housing in new and recycled buildings next to the third busiest passenger rail station in the country.

Drexel University, which assembled the land and envisioned the project, announced that it has selected Brandywine Realty Trust of Philadelphia to be the master developer and its joint venture partner in the project.

SHoP Architects and the Dutch firm West8 are working on the master plan. SHoP will handle the district planning and development of the architectural standards, and West 8 will be responsible for creating the public realm and development of the landscape standards.

Project renderings show a combination of high-rise and low-rise buildings on a 10-acre site next to Drexel’s main campus, Amtrak’s 30th Street Station, and Brandywine’s Cira Centre development.

“Schuylkill Yards will undeniably transform Philadelphia’s skyline as new towers rise on the west side of the Schuylkill River,” said Gerard H. Sweeney, president and CEO of Brandywine Realty Trust.

Proposed uses in this “collaborative neighborhood” include entrepreneurial spaces, educational facilities and research laboratories, corporate offices, residential and retail spaces, hospitality and cultural venues, and public open spaces.

While the community is being designed for a wide range of users, from educational and medical institutions to residents and businesses, developers say the common theme will be the pursuit of innovation.
 
“Drexel has always believed there’s a superior use for this unique location — essentially the 50 yard line of the Eastern Seaboard — as a neighborhood built around collaboration and innovation. That’s why the University assembled these parcels, and the time is right to put this vision into action,” said Drexel President John A. Fry.

“Schuylkill Yards is more than a large-scale development; it will be the heart of America’s next great urban innovation district.”

The developers say this is a long-term investment in Philadelphia and its University City neighborhood, and it’s aimed at people who want to live or work in the area and have easy access to the train station.

Besides its proximity to 30th Street Station, Schuylkill Yards will have connections to Philadelphia’s international airport. The master plan calls for a new gateway to Drexel and University City, a real estate submarket with a high concentration of education and medical institutions.

Construction of Schuylkill Yards will take place in multiple phases. As master developer, Brandywine, will oversee a team that includes Gotham Organization leading the residential development, and Longfellow Real Estate Partners leading the life sciences component.

When completed, developers say, the site will contain a mix of repurposed existing buildings and new towers connected by a “diverse network of public spaces.”

Before
After
Click to enlarge
Click to enlarge

The development will begin with the creation of Drexel Square, a 1.3 acre park at 30th and Market streets, directly across from Amtrak’s 30th Street Station. In addition, they say, the historic former Bulletin Building will be re-imagined by transforming its east facade with “inside/out viewports and a dynamic front screen.”

Philadelphia Mayor Jim Kenney said the project represents “one of the most valuable assemblages of real estate” in the nation.

“Schuylkill Yards is a big step forward in University City’s transition to a next-generation business district,” he said. “It will provide our region’s current and future innovators with a central hub for collaboration and signal to the world that Philadelphia is ready for business in the 21st century’s new economy.”

Schuylkill Yards “will bring new, innovative businesses and residents to Pennsylvania, and the potential economic impact is tremendous,” said Pennsylvania Governor Tom Wolf, “Those who choose to make Schuylkill Yards their home will have access to many of the most innovative companies, organizations and educational institutions in our state.”