I agree with Fred below. If more restaurants, shops, and merchants can invest in the area, then land value as well as home value the Graduate Hospital area will continue to appreciate. I do not know the immediate infrastructure or city planning for that area but I am slightly concerned with the home inventory in that subdivision. There are so many homes for sale yet prospectors are buying what is left of the land and shells, and folks are purchasing homes in the area. When I look at the area as an investor myself, I see that Graduate Hospital is in dire need of a commercial and retail boom in order to maintain the quality of life there. Like Fred said, Look at what Blatstein and other smaller project pioneers have done to Northern Liberties at 2nd and Girard. Giving people a reason to be there, making Graduate Hospital a really memorable destination, will almost guarantee value in the short and long term.
I have a question. Where are the commercial projects and who is promoting the plan to merchants? Blatstein is successful because he manages the entire project from the breaking ground to filling the vacant retail and commercial spaces with businesses that will have a chance for success? Is that happening in Graduate Hospital?