Penn’s Building Boom Kicks into a New Phase

That’s the headline from a recent Inquirer article on proposed Penn development on the east side of the Schuylkill River.  Perhaps a final paper topic?

(LH)

 

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One thought on “Penn’s Building Boom Kicks into a New Phase

  1. I read in the article: “The property is “well-served by infrastructure, by utilities, which makes it more affordable because you don’t need significant additional investment to bring utilities to the site,” Papageorge said. “We have steam, power, gas. There is a lab building that we believe with some renovation can serve chemical, chemistry-type research.”

    If that infrastructure is in place, it obviously saves on costs for the developers but do you also calculate multiplier effects that WON’T take place because the infrastructure won’t be built?

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