Back when real estate was booming, so much so that builders could not
put things up fast enough, there were many sleek high-rise buildings
being proposed for the Delaware River Waterfront.
As things slowed down, so did many of those developers' aspirations to
build (along with available financing). But things are slowly starting
to come back to life again. The biggest difference is that instead of
building condos (to own), developers are more focused on building
apartments (to rent).
A project called the Marina View Tower, click here for some of the details of the former plan
, was proposed right as the market crashed. Unfortunately, so did the plans for this new high-rise.
But all is not lost...The same developers are back and are proposing to build a more suitable building for the current market
. I'll keep you all posted as more news becomes available.