City Seeking To Lure Builders

28 November 2000 - 10:00am

Housing developers are shunning Philadelphia; here's what the city needs to do to bring them back.

"Mayor Street's plan to transform Philadelphia's blighted neighborhoods will be a colossal flop if no one wants to build new homes on the vacant lots his demolition crews leave behind.The reasons housing developers give for shunning the city include the lack of large sites suitable for residential construction, the city's time-consuming permit and zoning processes, an outdated building code and costly union work rules."

Source: The Philadelphia Daily News, November 22, 2000
Bookmark and Share
It's all too easy for projects to claim that they will be successful places, and all too hard to tell ahead of time which ones actually will.