Some people go through life with numerical equations
consistently running in their brain. For others, it may be
music, philosophy, the inner working of say either
robotics, the ear, what have you. For me, it is and has
been for most of my life, potential Philadelphia real
estate condominium conversion projects. For instance, which
buildings in town might yield the highest dollar per square
foot in resale value, should that particular building be
converted to condominiums in Center City Philadelphia.
And here is my conclusion: The southernmost twenty five
percent (25%) of the Curtis Center, which sits on the
northwest corner of 6th and Walnut Streets here in Center
City.
Take a look at the shear window space. Consider that if
this portion of the Curtis Center was converted into high
end luxury condominiums, the sales pitch:
*All units with over sized windows
*All Living rooms would have a southern exposure
*Almost all bedrooms would have a southern exposure
*All units would overlook beautiful Washington Square Park
*All units could have indoor garage parking
*All penthouse units could have stunning southern exposure
views of the square
*Roughly 10% of the units also face Independence Hall Park
*One of the most stunning historical buildings in Center
City Philadelphia
*Fabulous Location!!
In addition, I would consider making the units fairly
large. I would sell no unit for less than $1,000,000, and
range up to say $7,000,000. Every unit would have at least
2 bedrooms and 1.5 bathrooms. They could possibly have
random width pine wood flooring throughout and definitely
stainless steel high-end appliances by Viking, Bosch, Wolf,
Sub-Zero, and Miele. The kitchens and bathrooms would also
have subway tile and granite counters. The ability to
provide the individual Penthouse units with luxurious
private garden space could be invaluable with Pottery Barn
Living Room Furniture now made for outdoors.
The bedrooms would have large shelved walk in closets and a
walkout to the deck for a breath of fresh morning air would
also be a nice touch. A closet organization system,
similar to California Closets would be an example of an
upgrade that I would offer as a standard ingredient in each
unit. Philadelphia Condos are notoriously cheap on their
closet space (as a whole), and underestimating the value of
a large, well-organized set of closets is something
builders of Center City Philadelphia Lofts and Condos have
been doing for years.
Also I would make the building as "green" as possible. I am
sure that this magnificent building would provide fabulous
ceiling height in each unit for cathedral ceilings with
ceiling fans. I would add high-efficiency heating and
cooling systems as well as panels that would double as
sunshades and solar power generators. There would be a lot
of incoming natural light from the large windows that would
also accent the intricate moldings throughout each loft. I
would cut the curb on the north side of Walnut Street, at
the entrance to this building to allow for about a half
dozen car "loading zone" parking with valet service. I
would also include a full time, on-site concierge for the
owners...and of course this would be a pet-friendly
Philadelphia Condominium.
I have started to play the Pennsylvania lotto lately.
Should I win say $250,000,000 or more, you can be sure that
the southernmost 25% of the Curtis Center will be the
latest and greatest Philadelphia condominium conversion
project to hit the market!
----------------------------------------------------
Mark Wade has been selling Philadelphia Condos and Lofts
for 19 years and is a Realtor with Prudential Fox and Roach
Realtors in Society Hill.
http://www.CenterCity.com
If you love Philadelphia condominium conversion projects
the way Mark does and are interested in purchasing a
Philadelphia Loft or Condominium of your own please feel
free to give him a call at 215-521-1523 or send him an
email at Mark@CenterCity.com.
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