Sunday, April 03, 2005

Progress in N. Philly

America's Hometown has two quick notes about two new N. Broad Street Developments. The first devlopment, Avenue North, which has seen about 45 previous attempts to be completed (under names such as JumpStreet) will put a 75 million dollar development, with a much needed movie theater, retails stores, etc., into North Philly. There is a lot of buying power in and around North Philly. If you can make people see the Avenue North development as a destination, there is no reason it cannot do well.

The second development, the move of Philly school district officials into a new building on North Broad Street, (OK, this is not really North Philly. North Broad, yeah. North Philly, no. Anyway...) is seen as a big spur of economic development along North Broad. Condos are going up, people are moving in, putting down roots and spending their money in Philly. Always a good thing.

2 Comments:

At 12:36 PM, Anonymous Anonymous said...

Sort of like the economic dots are being connected.

 
At 9:52 AM, Anonymous Anonymous said...

This was inevitable given Temple's explosive growth and the creeping gentrification outward in all directions from Center City given how expensive housing has gotten in the original Old City. I'm happy to see it happen as this will only strengthen the city.

 

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